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Liberty Ends Transaction Talks with WorldSpace


Creditor Liberty Media has pulled out of its bid to acquire the bankrupt satellite radio firm WorldSpace. In a statement Wednesday afternoon, Worldspace said that its "strategic transaction negotiations" had been terminated by Liberty. The firm, which filed for bankruptcy protection a year ago, is now waiting for word from Liberty about its collateral.

Liberty owns all of WorldSpace's debt as well as owning 40% of Sirius XM after bailing out the satcaster out last year. Last November, Sirius XM CEO Mel Karmazin said a merger with WorldSpace would make sense becaus of its presence in Asia and Africa.

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Podtrac's latest podcast industry rankings show iHeart continuing to dominate the U.S. podcast landscape, while audience growth was widespread across the industry in May 2026. According to Podtrac's Top U.S. Podcast Publishers & Networks ranking, iHeart Audience Network remained the nation's largest More

Loud Media Launches 105.9 GREG FM in Knoxville
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