XM Satellite in $650 Million Deal with Pro Baseball
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XM Satellite Radio on Wednesday said  it signed a $650 million deal to broadcast Major League  Baseball games for 11 years, countering a rival's moves to sign  up high-profile programing that will lure listeners to the new  medium.
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Major League Baseball said on Thursday it reached a deal with satellite television provider DirecTV Group Inc. to air its out-of-market package of games, known as "Extra Innings", for the next seven years.
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The head of Sirius Satellite Radio  Inc. told U.S. lawmakers on Wednesday he was ready to make  concessions, such as capping prices, to win federal approval of  its proposed purchase of XM Satellite Radio Holdings Inc.
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XM Satellite Radio Holdings Inc. (XMSR.O: Quote, Profile, Research) on Tuesday introduced a handheld portable version of its satellite radio, hoping to extend demand for its service
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XM Satellite Radio on Wednesday said it signed a &#36;650 million deal to broadcast Major League Baseball games for 11 years, countering a rival's moves to sign up high-profile programing that will lure listeners to the new medium.
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By Seth Sutel  XM Satellite Radio Holdings Inc. and Sirius Satellite Radio Inc., rivals in the fledgling satellite radio industry, have agreed to combine in a deal that investors hope will result in lower costs, assuming it overcomes significant regulatory hurdles.
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XM Satellite Radio Holdings Inc.  shares rose nearly 6 percent before the bell on Wednesday ahead of a news conference the company is holding in conjunction with Major League Baseball.
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After weeks of speculation and controversy over an apparent deal between Major League Baseball and DirecTV that would limit access to baseball's Extra Innings package to subscribers of the satellite service, the parties announced the deal yesterday in a conference call, though they would not confirm the details of a widely reported seven-year, $700 million pact.
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The nation&#39;s largest provider of satellite radio will launch a premium internet music service in early October. XM Satellite Radio, the nation&#39;s largest provider of satellite radio with more than 2.1 million
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The two main satellite radio  providers, XM Satellite Radio Holdings Inc.  and Sirius   are expected to announce a long-awaited merger on  Monday, according to the New York Post.
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XM and Sirius are inching closer to being fruitful and multiplying.
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XM Satellite Radio Holdings Inc. is raising the ante in its programming battle with rival Sirius Satellite Radio Inc., signing an 11-year programming deal with Major League Baseball that could be worth even
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XM Satellite Radio buys broadcasting rights to major league games for 11 years. Also: Microsoft creates a watch complete with streaming information & hellip;. Kodak prepares for the transition to filmless photography & hellip;. and more.
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XM Satellite Radio Holdings Inc.'s deal, potentially worth &#36;650 million, to acquire the broadcast rights to Major League Baseball over at least the next eight years, announced yesterday, was made possible by ESPN radio relinquishing its satellite broadcast rights.
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Top US satellite radio service XM Satellite Radio Holdings Inc on Wednesday said it has signed a deal to air games from Major League Baseball for the next 11 years in a deal worth $650 million.
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XM Satellite Radio Holdings introduced a handheld portable version of its satellite radio.
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Shares of XM Satellite Radio Holdings, the largest U.S. satellite radio service, fell the most in 4 1/2 years yesterday, signaling that investors are wondering whether the company's $4.31 billion merger with Sirius Satellite Radio will go through as planned.