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It is official. Chris Mad Dog Russo will be broadcasting his show on Sirius XM Radio (SIRI). As we speculated here Monday night, the show will be aired on both the Sirius as well as the XM systems, demonstrating a synergy of the merged company.

SIRIUS XM Radio announced Tuesday that it has signed renowned sports talk personality Chris “Mad Dog” Russo, the former star of the Mike and the Mad Dog show, to a five-year contract to headline a new sports talk channel exclusively available on SIRIUS and XM.

Mad Dog’s recent departure from the market-leading Mike and the Mad Dog has been national news in recent days — a dramatic reflection of his loyal fan base, huge popularity and strong name recognition. Mad Dog is known for having helped popularize the sports talk radio format across the country and speculation on his next step has been high.

“Mad Dog’s fans are passionate about their sports and passionate about where they get their sports news and commentary from — these are the listeners that any audio entertainment company would want,” said Scott Greenstein, President and Chief Content Officer, SIRIUS XM Radio. “Having Mad Dog on SIRIUS and XM will fuel subscriber growth and create new and exciting opportunities for advertisers. Choose whatever sports analogy you want — this is a big win.”

SIRIUS channel 123 and XM channel 144 will relaunch as Mad Dog Radio, a reformatted channel that will cover the spectrum of sports with engaging talk, high profile interviews, up-to-the-moment news and live remote broadcasts from the biggest sporting events.

“No other sports talk radio comes close to what I will be able to do with SIRIUS XM Radio. I get to create a whole channel of my kind of sports talk and am very excited to join SIRIUS XM which has the largest collection of sports properties in the history of radio, consisting of virtually every major sport including, MLB, NFL, NASCAR and the NHL,” said Russo. “With football season about to kick off and all the pennant races heating up, I can’t wait to get on the air and talk to the 18.5 million SIRIUS XM Radio subscribers around the country.”

Russo will host the channel’s anchor program, “The Mad Dog Sports Show,” live from SIRIUS’ New York studios every weekday afternoon from 2:00 to 7:00pm ET. The exclusive show will begin airing daily on SIRIUS channel 123 and XM channel 144 on Monday, September 15. It will feature Russo’s take on the biggest sports stories from around the country, plus listener calls and hard-hitting interviews with some of the most intriguing people in sports.

“Mad Dog is a national personality and now he has a radio audience that spans the country. Already a regular on national television, including The Late Show with David Letterman, Mad Dog will now be heard every day by listeners across the nation. He is now unleashed and the result will be a compelling and informative channel with totally unique access and attitude. We are thrilled he has chosen to join us as we deliver fans the very best in sports talk radio,” said Greenstein.

Broadcasting simultaneously on SIRIUS channel 123 and XM channel 144, “The Mad Dog Sports Show” will be the first original show available both on SIRIUS and XM.

“With the huge sports audiences SIRIUS and XM have, it is fitting that our first major talent announcement following the merger would be Mad Dog,” said Greenstein. “Subscribers get the programming they love today and new options in the future. Our stockholders benefit from the subscriber growth and increased advertising revenues that Mad Dog will certainly bring.”

Preceding his official debut, Russo will host special preview shows over the next month with fans from three of the fall season’s biggest sporting events. The show will debut in its regular daily timeslot on Monday, September 15.

Known to sports fans everywhere for his feisty, unflinchingly candid approach to talking sports and unrestrained, rapid-fire delivery that earned him the nickname “Mad Dog,” Russo comes to the company after nearly 20 years on New York radio where he represented one half of the hugely popular Mike and the Mad Dog radio show.

He is the author of two books: The Mad Dog 100: The Greatest Sports Arguments Of All Time and, most recently, The Mad Dog Hall of Fame: The Ultimate Top-Ten Rankings of The Best In Sports.

[Sirius XM Press Release]

POSITION - Long SIRI

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This article has 18 comments:

  •  
    keep waisting your time on what cramer said or did not say. Change your tactics to buying mode and you will see your money increase like never before. This stock is a hot buying opportunity. dont let this chance get away
    2008 Aug 19 11:15 AM | Link | Reply
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    "Dog" won't last year. all BS no knowledge. He'll go the way of Farrell
    2008 Aug 19 11:37 AM | Link | Reply
  •  
    Yeah pdd, your a very negative person...He's already made a name for himself....This is good news as it will bring on new customers to sirius xm
    2008 Aug 19 12:21 PM | Link | Reply
  •  
    does anyone know his following reach in numbers? what is sirius expecting to gain in term of new subs?
    2008 Aug 19 12:40 PM | Link | Reply
  •  
    zero point zero
    2008 Aug 19 01:30 PM | Link | Reply
  •  
    I wish this meant something but Russo is an idiot and knows nothing about football.
    2008 Aug 19 01:43 PM | Link | Reply
  •  
    They expect to gain 1-2 million new subscribers. Another loss for the NAB boys
    2008 Aug 19 01:46 PM | Link | Reply
  •  
    Over 50 million shares traded right at the close. Whats the deal with that?
    2008 Aug 19 05:36 PM | Link | Reply
  •  
    I think cos1000 can explain the trade volume if he is observing the board
    2008 Aug 19 06:14 PM | Link | Reply
  •  
    The reason Howard went to Sirius was
    1. money
    2. uncensored content (MOST IMPORTANT)

    Just think about it. Who else would give him such a huge uncensored audience and NATIONAL exposure other than TV ? The same with the mad DOG, he will get a huge NATIONAL exposure, and he can say anything he wants on his shows. And this is IMO just the beginning, more and more celebrities will join.
    2008 Aug 19 08:14 PM | Link | Reply
  •  
    NYGiants58, you are missing the point...whether Russo knows his stuff or doesn't, DOESN'T MATTER. He can be the biggest fake or ignorant in the world, or he can be a sports genious. DOESN'T MATTER. He has a devoted audience and will bring in new listeners.

    To give you an idea of how much money he will generate...he signed a $15,000,000 five-year contract, which comes out to $250,000 a month in salary. If the average plan is $12.95 per month, then Russo only needs bring in roughly 19,305 new subscribers to Sirius XM for them to cover his salary. That is just the beginning. It doesn't take into effect the additional ad revenue he will generate. If it is true what another poster said that he is expected to bring in 1 million to 2 million new subscribers, then we are talking about a monthly revenue increase of roughly $13,000,000 to $26,000,000. This again is not taking into account additional ad revenue.

    So you see, it doesn't matter if the Mad Dog is a deaf-mute...he is a valuable addition to the team.
    2008 Aug 19 09:20 PM | Link | Reply
  •  
    EVERYONE WHO HOLDS SHARES,, JUST BUY A SUBSCRIPTION TO SIRIUS XM... I have been putting bumper stickers on my car and advertising for them as well (FOR FREE) The more subscriptions they get eventually the stock will reflect that which would move it up. Ask ur friends to get subscriptions too! I have lost allot of money in this stock and I just want to break even! I will do whatever it takes! So buy some subscriptions!
    2008 Aug 20 12:24 AM | Link | Reply
  •  
    Better get in low why you can......1.40 share is like someone giving you double, triple, quadruple for any money you invest NOW.......Many of us in 2009 will be counting our profits while some stare at the computer screen and do computations on how much they could have made......Don't be one of those
    2008 Aug 20 03:03 AM | Link | Reply
  •  
    Good news. Action at close was better. Ive been staring literally at the level 2 steaming quotes on this stock for months, and 1st time ive ever seen closing action like that. Im taking that as a bullish sign, due to limited shorting reward, and share availablility.
    2008 Aug 20 03:54 AM | Link | Reply
  •  
    I believe its because Sirius XM was removed from the S&P Credit Watch. Russo is good news for programming and ability to simulcast but, removal from "credit watch" moves the stock price.
    2008 Aug 20 07:55 AM | Link | Reply
  •  
    The reason Howard went to Sirius was
    1. money
    2. money
    3. money
    4. money
    2. uncensored content (MOST IMPORTANT AFTER REASONS 1-4)
    2008 Aug 20 10:29 AM | Link | Reply
  •  
    Morning Cos1000.................. for that info.
    2008 Aug 25 10:55 AM | Link | Reply
  •  
    cont. should read .......thanks for that info.
    2008 Aug 25 10:57 AM | Link | Reply