Can satellite radio be saved?
Liberty Media is loaning Sirius XM about $530 million to keep the combined satellite radio service company afloat. The satellite radio company has millions of subscribers for its services, which feature exclusives such as shock jock Howard Stern. But do consumers really want this technology? Can it remain a viable business? Can satellite radio be saved? Please leave your comments.
WorldWinner’s CATCH 21 online game becomes a TV show
The borders between media are porous. WorldWinner, an online skill-based game company, proved that today when it announced that its “CATCH 21″ game will become a TV show on the GSN channel shown in 68 million homes.
GSN airs only game shows and is jointly owned by Sony and Liberty Media, which bought WorldWinner’s parent company last year. The show will be broadcast on weekdays starting Monday July 21 at 7:30pm Eastern time. The series is… Continue Reading
Liberty Media buys Bodybuilding.com for $100M+
Online media conglomerate Liberty Media has picked up a controlling stake in fitness portal Bodybuilding.com for over $100 million, reports yesterday’s Wall Street Journal. The company is always interested in buying “high-growth Internet businesses targeted at narrow customer segments,” CEO Greg Maffei told the Journal. Past acquisitions include Backcountry.com and Provide Commerce, an online retailer that owns ProFlowers.com.