57-494: The Bacon Brothers is an American music duo consisting of brothers Michael Bacon and Kevin Bacon . Although they have played music together since they were boys, the brothers have only been a working band since 1994. Having heard the brothers' music, a childhood friend approached them about doing a one night only gig in their hometown of Philadelphia at the Theatre of Living Arts under
114-470: A 3–2 vote, determining that it was not a monopoly because of competition on the Internet. The FCC stated, that the merger "is in the public interest" and "will benefit consumers by making available to them a wider array of programming choices at various price points and by affording them greater choice and control over the programming to which they subscribe." The biggest challenge for the newly unified company
171-650: A Friend for $ 150 million. In March 2023, SiriusXM announced it would cut 475 employees that amounts to 8% of its workforce. CEO Jennifer Witz cited economic uncertainty and a need to operate with "greater agility and efficiency." By 2023, Liberty Media had become SiriusXM's majority owner with an 83% stake, which it held through the Liberty SiriusXM Group (LSXM) tracking stock . In September 2023, Liberty proposed to spin off LSXM and combine it with SiriusXM. Existing LSXM stockholders such as John Malone would initially hold combined interests of approximately 84% in
228-547: A Little", the fourth song of the album written by Kevin was originally written with the intention of being sung by a young country singer but was ultimately left to be performed by the band. The album also features an unplugged version of the Alanis Morissette song "You Learn" and the version of "Above the Clouds" recorded from the band's Live from Daryl's House segment from 2009, featuring Tom Wolk on guitar. On June 1, 2018,
285-551: A Petition for Rule Making in which it requested spectrum to offer Compact Disc quality digital audio radio service to be delivered by satellites and complementary radio transmitters. Following the Allocation NPRM, the FCC established a December 15, 1992, cut-off date for applications proposing satellite DARS to be considered in conjunction with CD Radio's application. One such application came from American Mobile Radio Corporation (AMRC),
342-461: A company with 18.5 million subscribers, and the deal was valued at US$ 3.3 billion, not including debt. The proposed merger was opposed by those who felt it would create a monopoly . Sirius and XM argued that a merger was the only way that satellite radio could survive. In September 2018, the company agreed to purchase the streaming music service Pandora , and this transaction was completed on February 1, 2019. Since then, SiriusXM has grown to be
399-433: A refreshed user interface of the application on Android and iOS. As of October 2017, SiriusXM is available for streaming via custom apps on a variety of connected devices including Amazon Alexa and Fire TV, Sonos, PlayStation, Roku, and smart TVs. In May 2018, SiriusXM unveiled a new look for both the desktop web player and the mobile apps. The MySXM feature, including all the custom mixes that listeners saved over time,
456-471: A satellite-based digital radio service; this was spun off as XM Satellite Radio Holdings, Inc. in 1998. Its planned financing was complete by July 2000, at which point XM had raised US$ 1.26 billion and secured installation agreements with General Motors , Honda , and Toyota . Initially scheduled for September 12, 2001, XM's service start date was postponed due to the September 11, 2001, terrorist attacks on
513-489: A severance package worth US$ 4.5 million. In November 2009, Parsons resigned as chairman of Sirius XM, receiving a payout of more than US$ 9 million. He was succeeded by Eddy Hartenstein , former publisher and CEO of the Los Angeles Times . In December 2012, Mel Karmazin stepped down as Sirius XM CEO after Liberty Media gained control of 49.5% of the company. James E. Meyer was named interim CEO. On April 30, 2013, he
570-541: A variety of subscription options. There are more than 100 million cars on the road with SiriusXM radios installed. After trying for four years, on December 21, 2010, SiriusXM received approval from the FCC to add service in Alaska and Hawaii . SiriusXM announced on January 17, 2011, that it would place repeaters in those states and adjust three of its satellites to cover those areas. The move gave SiriusXM coverage in all 50 states. On January 12, 2011, XM Satellite Radio, Inc.
627-719: Is an American broadcasting corporation headquartered in Midtown Manhattan , New York City , that provides satellite radio and online radio services operating in the United States. The company was formed by the 2008 merger of Sirius Satellite Radio and XM Satellite Radio , merging them into SiriusXM Radio. The company also has a 70% equity interest in Sirius XM Canada , an affiliate company that provides Sirius and XM service in Canada. On May 21, 2013, Sirius XM Holdings, Inc.
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#1732854724661684-439: Is an Associate Professor of Music. Bacon has been married to Betsy Maguire-Bacon since 1972 and they have one child, Neil Bacon (b. April 29, 1982). He earned a degree in music from Lehman College , studying composition and orchestration with Pulitzer Prize -winning composer John Corigliano . “Good News" Columbia “Bringin’ it Home" Monument/CBS “Love Song Believer" Monument/ SiriusXM Sirius XM Holdings Inc.
741-666: Is available to all Sirius XM subscribers. The internet player allows subscribers to customize most stations to their liking by adjusting settings like: familiar/hits or unfamiliar/depth, studio recordings or live performances, and new/recent or old/classic material. These customized stations also allow listeners to play music without DJ interruptions. SiriusXM apps also include an extensive lineup of archived programming on SiriusXM On Demand. On June 17, 2009, Sirius XM released an application for use on Apple 's iPhone and iPod Touch , allowing its subscribers to listen to its programming on those devices. The application did not feature all of
798-543: The Bush administration for allowing it to go through. After coming close to filing for Chapter 11 bankruptcy protection, only months after the 2008 merger, and having gone so far as to hire lawyers to prepare a possible filing, SiriusXM was able to avoid declaring bankruptcy with the assistance of a US$ 530 million loan from Liberty Media , the media conglomerate founded by John C. Malone in February 2009. Mel Karmazin negotiated
855-522: The World Trade Center and The Pentagon . XM Satellite Radio's first broadcast was on September 25, 2001, nearly four months before Sirius. Gary Parsons served as chairman of XM Satellite Radio from its inception through the merger, and resigned from the position in November 2009. Hugh Panero served as XM's CEO from 1998 until July 2007, shortly after the merger with Sirius was proposed. Nate Davis
912-452: The FCC would consider other audio entertainment to be competitors and allow the merger to proceed by waiving the rule. After a 57-week review process, the U.S. Justice Department approved the Sirius and XM merger on March 24, 2008, concluding that satellite radio competes with terrestrial radio, online streaming, and mp3 players and tablets. On July 25, 2008, the FCC approved the merger with
969-744: The Hall & Oates track "When the Morning Comes". In April 2009 they recorded "Private Sessions" which aired on the A&E channel. A new single, "Guilty of the Crime", a duet with The Bellamy Brothers , was released in June 2009. On June 27, 2009 The Bacon Brothers gave a brief concert, for the fundraisers who climbed to the top of Pikes Peak , Colorado, in support of the Love Hope Strength Foundation. The event
1026-663: The July–August 2006 cover of Making Music Magazine . In January 2006, Bacon appeared on an episode of Queer Eye with his brother Kevin . The episode featured him as the episode's "straight guy" and makeover recipient, and ended with both Bacon Brothers performing. Bacon has composed hundreds of songs for television shows and motion pictures. In 2008, Bacon composed the soundtrack for the PBS mini series The Jewish Americans . Bacon earned his BS from Lehman College in 1995. From 2010 to 2016 he served as Distinguished Lecturer and currently
1083-572: The Music program. Michael Bacon (musician) Michael Comly Bacon (born December 22, 1949) is an American singer-songwriter, musician and film score composer. He is the older brother of actor Kevin Bacon . He is a faculty member in music at Lehman College . Bacon, one of six children, was born in Philadelphia and raised there in a close-knit family. A former Park Avenue debutante, his mother, Ruth Hilda (née Holmes), taught elementary school and
1140-464: The SiriusXM merger should not be counted as "Sirius subscribers" for the purposes of Stern's lawsuit. Stern argued the opposite because, among other factors, his popularity had played an integral role in helping Sirius acquire XM. He had been seeking US$ 330 million in stock bonuses. The trial court declared summary judgment in favor of SiriusXM, and a New York appeals court panel concurred, refusing to hear
1197-767: The Straight Guy . The episode featured Michael Bacon as the episode's "straight guy" and makeover recipient, and ended with both Bacon Brothers performing. In 2008, Michael composed many soundtracks for television, including the soundtrack for the PBS mini series The Jewish Americans and The Kennedys for which he won an Emmy. In February 2009, the Bacon Brothers were the special guests for Episode 16 of Live from Daryl's House , Daryl Hall 's (of Hall & Oates fame) monthly free internet concert. They performed four tracks off their most recent album, as well as some cover songs and
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#17328547246611254-517: The app featured over 150 channels. On May 28, 2010, the Sirius XM application for Android smartphones was announced. As of April 2013, the app features over 130 channels. As part of Howard Stern's new five-year contract with SiriusXM, which he signed on December 9, 2010, The Howard Stern Show , which had not previously been made available on mobile devices, would now be a part of Sirius XM's mobile app package. On March 18, 2015, SiriusXM released
1311-578: The band released its self-titled album, marking the band's seventh studio release and was produced by former Saturday Night Live musical director, G.E. Smith . The first track on the album, "Tom Petty T-Shirt", hit #8 on iTunes and Spotify , in addition to receiving airplay on Tom Petty Radio on SiriusXM . The song was originally nationally debuted on April 26, 2018 on The Tonight Show Starring Jimmy Fallon . The tracks "I Feel You" and "Broken Glass" feature background vocals from Kevin's wife, Kyra Sedgwick and their daughter, actress Sosie Bacon . Sosie
1368-574: The band was a headliner for the WXPN Xpotential Music Festival in Camden, New Jersey. The festival performance featured an appearance from musicians from the Mummers to perform the title track of the record. The next studio album entitled 36¢ was released on September 16, 2014 after an extensive summer of touring throughout North America. The title song of the album was penned by Michael. "Get
1425-416: The cable provider's X1, Xfinity Flex, and XClass TV platforms. Following the merger, Sirius XM began offering numerous new options, including à la carte offerings, a family-friendly version, and "mostly music" or "news, sports, and talk" packages, ranging in price from US$ 6.99 to US$ 16.99 per month. Prior to the merger, Sirius offered, for a one-time fee, a lifetime subscription for the radio unit (not
1482-550: The case. In 2017, SiriusXM surpassed 32 million subscribers. On September 24, 2018, SiriusXM announced its intent to acquire Pandora for US$ 3.5 billion. The acquisition was completed on February 1, 2019. On October 19, 2020, SiriusXM announced that it completed the acquisition of Stitcher . In April 2021, SiriusXM acquired 99% Invisible Inc. the company that produces Roman Mars 's 99% Invisible radio show and podcast. In 2022, SiriusXM purchased Conan O'Brien 's digital media assets, including his podcast Conan O'Brien Needs
1539-402: The customer's lifetime). After the merger, due to changes in bundling policies and contracts, some customers who had purchased lifetime subscriptions had their service reduced or canceled, and were unable to obtain a refund. In 2021, a settlement was reached in "Alvarez v. Sirius XM Radio Inc." regarding customers with these Sirius lifetime subscriptions. All lifetime subscriptions are now for
1596-443: The deal in exchange for a 40% equity stake in SiriusXM. In the fourth quarter of 2009, SiriusXM posted a profit for the first time, with a net income of US$ 14.2 million. This came after net losses of US$ 245.8 million in the year following the merger. The company's resurgence was owed in part to the loan from Liberty Media. Increased automobile sales in the U.S. were also a factor. SiriusXM ended 2009 with 18.8 million subscribers. By
1653-400: The end of 2012, SiriusXM's subscriber base had grown to 23.9 million, mostly due to an increase in partnerships with automakers and car dealers; a strong push in the used-car market; and continued improved car sales in the U.S. in general. The renewal of radio show host Howard Stern 's contract through 2015 (US$ 400 million for five years, US$ 100 million less than Stern's previous five-year deal)
1710-426: The industry", the FCC also awarded a license to XM Satellite Radio, which followed Sirius' example. In November 1999, marketing chief Ira Bahr convinced Margolese to again change the name of the company, this time to Sirius Satellite Radio, in order to avoid association with the soon-to-be-outdated CD technology. Having secured installation deals with automakers, including BMW , Chrysler and Ford , Sirius launched
1767-646: The initial phase of its service in four cities on February 14, 2002, expanding to the rest of the contiguous United States on July 1, 2002. In November 2001, Margolese stepped down as CEO, remaining as chairman until November 2003, with Sirius issuing a statement thanking him "for his great vision, leadership and dedication in creating both Sirius and the satellite radio industry". Joe Clayton, former CEO of Global Crossing , followed as CEO from November 2001 until November 2004; stayed on as chairman until July 2008. Mel Karmazin , former president of Viacom , became CEO in November 2004 and remained in that position through
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1824-729: The largest audio entertainment company in North America. As of July 12, 2022 , SiriusXM had approximately 34 million subscribers. SiriusXM Radio is a primary entry point for the Emergency Alert System . Sirius Satellite Radio was founded by Martine Rothblatt , who served as the new company's chairman of the board. Co-founder David Margolese served as chief executive officer and Robert Briskman served as president and Chief Operating Officer. In 1990, Rothblatt founded Satellite CD Radio in Washington, D.C. The company
1881-739: The late 1990s and into the 2000s, Bacon performed with his Golden Globe and Screen Actors Guild Award -winning brother, Kevin , in a duo ensemble, called The Bacon Brothers , which he formed. With three albums to their credit by 2001, Bacon's tour schedule included eight concerts for the summer of that year, at venues from New York City, down the East Coast , and into the Midwest to Peru, Illinois and Missouri . The duo have written and performed songs together for several decades, including several commercial numbers and maintain that they will continue to work together and perform. The Bacon Brothers were featured on
1938-534: The lifetime of the owner, not the radio unit. Subscriptions can be transferred from one radio to another for $ 35. Inactive lifetime subscriptions can be cancelled and owners paid $ 100. On December 4, 2014, Sirius XM Holdings agreed to a US$ 3.8 million settlement with 45 states and the District of Columbia, over a suit initiated by then- Ohio Attorney General Mike DeWine , stemming from the company's billing and service renewal practices. The suit alleged Sirius XM Holdings
1995-486: The merger, until December 2012. The origin of XM Satellite Radio was a Petition for Rulemaking filed at the Federal Communications Commission (FCC) by regulatory attorney and Founder of Satellite CD Radio Martine Rothblatt , to establish frequencies and licensing rules for the world's first-ever Satellite Digital Audio Radio Service (SDARS). On May 18, 1990, Satellite CD Radio, Inc. (SCDR) filed
2052-511: The moniker The Bacon Brothers. Since then, the band has gone on to release seven studio albums, appear on numerous radio, television, and web programs, and on many tours throughout North America and Europe. The brother's first studio release in 1997 was entitled Forosoco , derived from what the brothers describe their genre to be as a mix of folk, rock, soul, and country. The Bacon Brothers also appear on Sandra Boynton 's children's CDs Dog Train , and Philadelphia Chickens , on which they sing
2109-411: The new combined company were assured golden parachute severance packages that had been approved in 2007. Former CEO Nate Davis received a severance package worth US$ 10 million. Erik Toppenberg, executive vice president of programming, received a severance package worth US$ 5.34 million. CFO Joseph Euteneuer received a severance package worth US$ 4.9 million. Vernon Irvin , chief marketing officer, received
2166-589: The predecessor company to XM Satellite Radio. XM Satellite Radio was founded by Lon Levin and Gary Parsons. It has its origins in the 1988 formation of the American Mobile Satellite Corporation (AMSC), a consortium of several organizations originally dedicated to satellite broadcasting of telephone, fax, and data signals. In 1992, AMSC established a unit called the American Mobile Radio Corporation, dedicated to developing
2223-576: The programming available to satellite listeners. On March 17, 2011, the application was also made available for the iPad . In 2012, the application was updated for iOS and Android , featuring additional content, and the ability to pause, rewind, and fast-forward through audio streams. On February 4, 2010, the Sirius XM BlackBerry application was announced, for use on BlackBerry smartphones (the Bold , Curve , Storm , and Tour ). As of April 2013,
2280-477: The restructured company. The proposal is subject to review by a special committee of SiriusXM's independent directors. Following the merger, Sirius CEO Mel Karmazin became CEO of the combined company, and XM chairman Gary Parsons retained his role. XM CEO and co-founder Hugh Panero stepped down in August 2007, shortly after the merger was first announced. XM Satellite Radio executives who were not offered jobs in
2337-429: The title track. Their song "Chop Wood (Carry Water)" is on the soundtrack of the 2004 film The Woodsman , which Kevin produced and starred in. Their song "When You Decide You've Stayed Too Long" is on the soundtrack of the 2003 film Red Betsy . Kevin starred in and produced Loverboy with his wife Kyra Sedgwick , which Michael also scored. In January 2006, the Bacon Brothers appeared on an episode of Queer Eye for
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2394-490: The venture, acquired control of the company and succeeded Briskman. Margolese renamed the company CD Radio, and spent the next five years lobbying the FCC to allow satellite radio to be deployed, and the following five years raising US$ 1.6 billion, which was used to build and launch three satellites into elliptical orbit from Kazakhstan in July 2000. In 1997, after Margolese had obtained regulatory clearance and "effectively created
2451-408: Was a liberal activist, while his father, Edmund Bacon , was a well-respected urban planner and author of the canonical urban planning book, Design of Cities . Michael attended and graduated from the prestigious Central High School (Philadelphia) , June 1965, 224th class. Years later, he entered Lehman College and graduated in 1995. Bacon is an accomplished guitarist, keyboardist and cellist. In
2508-512: Was adamantly opposed to the merger, calling it a monopoly. Shortly after the Justice Department gave its support to the merger without restrictions, attorneys general from 11 states (Connecticut, Iowa, Maryland, Mississippi, Missouri, Nevada, Ohio, Oklahoma, Rhode Island, Utah, and Washington) urged the FCC to impose restrictions on the merger. Several Congressional Democrats also opposed the merger, calling it anticompetitive and criticizing
2565-448: Was also a factor in the company's steady growth, as Stern's show attracted over 12 million listeners per week. By 2017, SiriusXM penetrated approximately 75% in the new car market. Out of that 75%, approximately 40% of owners become subscribers. SiriusXM is now available in cars from every major car company, as well as in assorted trucks, boats and aircraft. The company offers trial subscriptions to new car owners and then offers customers
2622-495: Was also featured in the band's music video for "Broken Glass". "Beneath Perfection", the eighth track of the record was written by Kevin while filming the cult classic Tremors , which was originally named Beneath Perfection . The final track, "Boys in Bars" originally featured on the band's first studio record Forosoco , was re-recorded at Lehman College Studios in 2016, where Michael Bacon currently teaches as an Associate Professor in
2679-545: Was appointed interim CEO until the merger was completed, at which point Sirius CEO Mel Karmazin took over as CEO of the newly merged company, Sirius XM. After three months of serious negotiations, the US$ 13 billion merger between Sirius and XM was officially announced on February 19, 2007. At the time, the nation's only two satellite radio providers reported nearly 14 million combined subscribers (with nearly 8 million belonging to XM), with neither having turned an annual profit. Sirius
2736-604: Was dissolved as a separate entity and merged into SiriusXM Radio, Inc. On April 11, 2011, the Canadian Radio-television and Telecommunications Commission (CRTC) approved the merger of Sirius and XM's Canadian affiliates in Sirius XM Canada . On April 11, 2013, a New York appeals court upheld a New York judge's ruling, from April 2012, that Howard Stern was not entitled to stock bonuses despite SiriusXM having exceeded its subscriber target projections. The trial court ruled that subscribers to XM Satellite Radio from before
2793-449: Was incorporated, and in January 2020, SiriusXM reorganized their corporate structure, which made Sirius XM Radio Inc . a direct, wholly owned subsidiary of Sirius XM Holdings, Inc. The U.S. Federal Communications Commission (FCC) approved the merger of XM Satellite Radio and Sirius Satellite Radio, Inc. on July 29, 2008, 17 months after the companies first proposed it. The merger created
2850-676: Was named permanent CEO. Also in April 2013, Liberty Media CEO Greg Maffei was named Sirius XM's chairman, succeeding Hartenstein. In October 2019, Denise Karkos was named Chief Marketing Officer and in November 2019, Alex Luke was named Senior VP of Digital Content for SiriusXM and Pandora. In September 2020, SiriusXM announced that Jennifer Witz will succeed James Meyer as the company's Chief Executive Officer once he retires by December 31, 2020. The company also hired AMC Networks Inc's Sean Sullivan as Chief Financial Officer. In December 2021, Joe Inzerillo, former CTO of Disney Streaming Services ,
2907-485: Was named the Chief Technology Officer of SiriusXM. Sirius XM radio content is available to stream online either as an add-on to existing subscriptions or as an Internet-only option. In August 2011, SiriusXM announced that the company would start offering a personalized interactive online radio experience. MySXM debuted on April 15, 2013, allowing users to fine-tune over 50 existing Sirius XM channels. MySXM
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#17328547246612964-405: Was removed. SiriusXM claims that they are working on a more personalized feature that will release in the upcoming months. SiriusXM later expanded their internet and mobile platforms by acquiring Pandora in February 2019. In early November 2019, SiriusXM became available to stream on all devices that use Google Assistant . In June 2022, SiriusXM streaming was added to Xfinity customers using
3021-494: Was replaced with 4.6 shares of Sirius stock. Each company's stockholders initially retained approximately 50% of the joined company. At the time of the merger, Sirius' top programming included channels for Howard Stern , and Martha Stewart ; live NBA and NFL games; and live NASCAR races. XM's programming included channels for Willie Nelson , Opie and Anthony , Snoop Dogg , and Oprah Winfrey ; and live Major League Baseball games. The National Association of Broadcasters
3078-726: Was selling more subscriptions with the drop in the number of cars sold annually in the U.S., the subsequent reduced demand for cars equipped with satellite radio, as well as online radio-streaming competition. Conditions of the merger included allowing any third-party company to make satellite radio devices; producing new radios that can receive both XM and Sirius channels within one year; allowing consumers to choose which channels they would like to have; freezing subscription rates for three years; setting aside 8% of its channels for noncommercial programmers; and paying US$ 19.7 million in fines for past rule violations. Sirius and XM began merging their channels on November 12, 2008. Each share of XM stock
3135-517: Was the first to petition the FCC to assign unused frequencies for satellite radio broadcast, which "provoked a furor among owners of both large and small [terrestrial] radio stations". In April 1992, Rothblatt resigned as chairman and CEO to start a medical research foundation. Former NASA engineer Briskman, who designed the company's satellite technology, was then appointed chairman and CEO. Six months later, in November 1992, Rogers Wireless co-founder Margolese, who had provided financial backing for
3192-455: Was valued at US$ 5.2 billion, and XM at US$ 3.75 billion. Each subscription was sold for US$ 12.95 monthly. XM and Sirius executives felt the merger would lower programming costs by eliminating overlapping stations and duplicated marketing costs. According to their original operating licenses, the two companies were not allowed to ever own each other's license. In proceeding with the merger, Sirius CEO Mel Karmazin ignored this rule, gambling that
3249-544: Was videoed by Matt Carpenter , high altitude marathoner and posted on their Myspace page. Later that night, The Bacon Brothers played a concert at the Denver Hard Rock Cafe. Also playing were Cy Curnin of The Fixx , and The White Buffalo . The Bacon Brothers toured throughout the US East Coast during the summer of 2009 promoting their fifth studio album New Years Day released November 2008. During that tour,
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