WorldSpace said Friday it voluntarily filed for Chapter 11 protection, a move that will allow the company to continue to operate but has decimated its stock. By Paul Bond, The Associated Press A ...

WorldSpace, a bankrupt satellite radio company, is running so low on funds that it is preparing to send its satellites to a premature death. The Silver Spring company has been in Chapter 11 since ...

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September 25th passed without WorldSpace paying the $19.97 million plus interest due on its bridge loan notes. According to an SEC filing, the note holders have not agreed to a new forbearance ...

XM Satellite Radio has announced an initial $25 million investment in international satellite radio broadcaster WorldSpace, which currently targets Africa and Asia. The XM investment isn't raising… By ...

The stock of satellite-radio service provider WorldSpace Inc. took a beating on the U.S. Nasdaq exchange following release of the company’s fourth-quarter financial results and a conference call that ...

It's sad news for radio listeners. Satellite radio WorldSpace will go silent in India from New Year. This action is an outgrowth of the financial difficulties faced by WorldSpace India's parent ...

The announcement of "strategic partnership alternatives" is not a good thing. Sure, it's already been whacked for more than an 80% loss over the past 25 months, but it's tough for me to imagine how ...

Few people are watching XM Satellite Radio and Sirius as closely as Noah A. Samara. “We literally founded this industry,” the chairman and CEO of WorldSpace said during a recent visit I made to the ...

Video killed the radio star. Back in the 1980s, this song by a British group hit the charts as a fitting tribute to the golden days of radio, which had been cut short by the television and video ...