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Friday, January 16, 2009 |
XM/Sirius Cancels Charley Steiner's "Baseball Beat"
Via BTF, XM/Sirius has cancelled Charley Steiner's Baseball Beat show. It's too bad, because I really liked it.
They've been steadily killing off various baseball-related programming; I guess it was difficult for them to pay for all that and MLB licensing. The BTF thread suggests that XM may go bankrupt sooner rather than later because of "difficult-to-refinance, debt maturities this year". On the other hand, the company has been taking defensive measures to keep itself alive, authorizing a reverse stock split and the sale of additional (dilutive) shares.
Laguna Niguel's Save Sirius has more on this.
Update: Charley Steiner's farewell post on his blog.
Labels: radio
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