Friday, January 16, 2009
XM/Sirius Cancels Charley Steiner's "Baseball Beat"
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.