{"id":83,"date":"2005-08-03T22:03:32","date_gmt":"2005-08-04T06:03:32","guid":{"rendered":"http:\/\/www.myadportfolio.com\/wordpress\/?p=83"},"modified":"2005-08-06T22:05:30","modified_gmt":"2005-08-07T06:05:30","slug":"sirius-doubles-ad-revenue-still-no-profit","status":"publish","type":"post","link":"https:\/\/www.myadportfolio.com\/wordpress\/sirius-doubles-ad-revenue-still-no-profit\/","title":{"rendered":"Sirius Doubles Ad Revenue but No Profits"},"content":{"rendered":"<p>According to a <a href=\"http:\/\/adage.com\/news.cms?newsId=45705\">story on adage.com<\/a>, Sirius subscription radio revenues from all sources have risen to $52.2 million for the current quarter, a 295% increase over the $13.2 million reported for the year-ago quarter.  In addition, ad revenues doubled to $1 million  for the most recent quarter, says Sirius CEO Mel Karmazin.<\/p>\n<p>Unfortunately, losses widened to 13 cents per share, or $177.5 million,  from 11 cents a year ($136.8 million)  earlier.<\/p>\n<p>CEO Karmazin predicts profits as early as the fourth quarter of 2006 for the fledging venture, which some Wall Street analysts have compared to the early days of cable.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to a story on adage.com, Sirius subscription radio revenues from all sources have risen to $52.2 million for the current quarter, a 295% increase over the $13.2 million reported for the year-ago quarter. In addition, ad revenues doubled to $1 million for the most recent quarter, says Sirius CEO Mel Karmazin. Unfortunately, losses widened [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/www.myadportfolio.com\/wordpress\/wp-json\/wp\/v2\/posts\/83"}],"collection":[{"href":"https:\/\/www.myadportfolio.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myadportfolio.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myadportfolio.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myadportfolio.com\/wordpress\/wp-json\/wp\/v2\/comments?post=83"}],"version-history":[{"count":0,"href":"https:\/\/www.myadportfolio.com\/wordpress\/wp-json\/wp\/v2\/posts\/83\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myadportfolio.com\/wordpress\/wp-json\/wp\/v2\/media?parent=83"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myadportfolio.com\/wordpress\/wp-json\/wp\/v2\/categories?post=83"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myadportfolio.com\/wordpress\/wp-json\/wp\/v2\/tags?post=83"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}