NEW YORK (AP) - Sirius Satellite Radio Inc. reported Tuesday that its first quarter loss more than doubled, due largely to expenses of $225 million in stock-related compensation to its star shock jock Howard Stern.
Sirius reported a net loss of $458.5 million, or 33 cents a share, for the January-March period compared with a loss of $193.6 million, or 15 cents a share, a year ago.