XM Satellite Radio has begun an underwritten public offering of 18 million shares of its Class A Common Stock. The offering includes the offering of 7 million shares by the company representing new financing, and 11 million shares by certain selling shareholders.
Business and Law
Share of Listening to Podcasting Hits All-Time High
New data from Edison Research Share of Ear report reveals jump in U.S. listening levels
Programming and Sales
Library of Congress to Archive “Poe Theatre on the Air”
This old-time radio production, produced as a modern day podcast offering, honors the work of Edgar Allen Poe