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XM Satellite Radio at a Glance
Stock:: XMSR $0.00 (N/A)
Headquarters: Toronto, Ontario
Date of launch: November 22, 2005
Operating in: USA, Canada
Satellites in service: 4(2 active, 2 in-orbit spares)
Available satellite radio channels:120+
Monthly subscription cost:$14.99
Subscribers: 8.25 Million (As of January 2008)
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Satellite Radio Articles
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SIRIUS XM Radio Brings ABBA Radio Channel Back for a Limited 9-Day Encore
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Posted by : RiseStar , Lounge0101 Administrator
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 Last update: 2:30 p.m. EST Dec. 11, 2008
NEW YORK, Dec 11, 2008 /PRNewswire-FirstCall via COMTEX/
ABBA Radio will be available to XM subscribers for the first time
ABBA Radio will broadcast the ABBA song catalog, a new interview with Benny Andersson of ABBA plus celebrity guest deejays playing their favorite music by ABBA
SIRIUS XM Radio is bringing back ABBA Radio, the exclusive 100% commercial-free music channel dedicated to international pop supergroup ABBA. The limited-run channel will return to SIRIUS channel 3 and will be broadcast for the first time on XM channel 31 starting Friday, December 12 at 6 pm through Saturday, December 20 at 11:59 pm ET.
The ABBA Radio channel will broadcast ABBA music 24/7 and features all the hits originally performed by the group. The channel also broadcasts tracks from the soundtrack of MAMMA MIA! The Movie featuring two-time Academy Award(R)-winning actress Meryl Streep, Pierce Br ...
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 Posted on Sun 14 Dec 2008, 1:06 AM
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Satellite Radio Articles
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Sirius XM Radio assumes some “Sirius” debt
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Posted by : RiseStar , Lounge0101 Administrator
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 Now that the post merger confetti and party hats have been swept up and the smoke is beginning to clear, its become painfully obvious that the combined companies have some serious debt management issues to take care of if the new satellite radio powerhouse is to swing to profitability anytime soon.
Upon merging, Sirius XM Radio Inc. now faces a substantial $3.4 Billion debt, of which nearly a third ($1.1 Billion) will become due in 2009. Sirius Radio, as a standalone company was making headway towards eventual profitability, showing solid subscriber growth of nearly 25% over the previous year, moving from 7.1 million subscribers to nearly 8,9 million, as well as an increase in per subscriber revenue. Additionally, its quarterly losses and subscriber acquisition costs were also down from the previous year.
XM Radio had finished off the quarter, adding a little over 322 000 new subscribers, bringing them up to 9.7 million customers in total, an increase o ...
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Posted on Sat 9 Aug 2008, 9:53 PM
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Satellite Radio Articles
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Sirius XM Radio Inc Complete Deal
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Posted by : RiseStar , Lounge0101 Administrator
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 With this week’s news that the FCC had given its blessing to the XM Radio/Sirius Radio merger, the two companies wasted little time in completing the long awaited deal. The merger was completed this week, creating a new entity, known as Sirius XM Radio Inc., which will continue to trade using Sirius Radio’s “SIRI” ticker. The company has indicated that they expect the merger will net them an expected $400 million savings in 2009 as they will no longer need to inter-compete.
The company has indicated that current subscribers will still be able to continue to receive their programming using their existing equipment and will retain their current programming package, however new dual service equipment will be available in the near future allowing customers a broader range of choice and flexibility in programming. "The company is expected to offer “à la carte” pricing and programming within 3 months, as well as the introduction of a dual service radio within that same time ...
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Posted on Thu 31 Jul 2008, 7:26 PM
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Satellite Radio Articles
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DOJ gives Sirius/XM merger the green light
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Posted by : RiseStar , Lounge0101 Administrator
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 The XM Radio/Sirius Radio mega-merger, proposed more than a year ago as cleared a major hurdle as the U.S. Department of Justice announced Monday that they have given the proposed merger the nod of approval.
The DOJ had been carefully scrutinizing the proposed merger, to ensure that it would offer benefits to consumers, rather than creating an abusive monopoly. Opponents of the merger, including other broadcasting entities and politicians had weighed in, claiming the merger would ultimately be harmful to consumers. However, in its decision, the DOJ determined that the merger was not anti-competitive, citing a multitude of alternatives available to the consumer, including conventional radio, Apple iTunes and iPods as well as cellular phone music services. Other factors, including low attrition rates showed that the two companies were not overly competitive with one another, with both focusing on attracting customers from conventional radio mediums, rather that from one ...
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Posted on Mon 24 Mar 2008, 8:15 PM
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Satellite Radio Articles
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XM to Debut XM NavWeather Featuring Exclusive Threat Matrix Technology
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Posted by : RiseStar , Lounge0101 Administrator
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 XM will debut XM NavWeather featuring exclusive Threat Matrix technology, the first real-time, personalized weather tracking service for GPS navigation, at the 2008 North American International Auto Show (NAIAS), January 13-17, in Detroit. XM will also demonstrate in its infotainment vehicle a next-generation, rich, full-feature color touch-screen display, an electronic programming guide, stocks and sports tickers, dynamic information technology and more.
XM NavWeather enables drivers for the first time to view live, personalized weather forecasts and conditions on top of their existing navigation display. The exclusive "Threat Matrix" technology provides immediate alerts on developing weather conditions, such as hail, tornado and storm warnings, mapped to the driver's specific location and driving route. Drivers will have the option to view current and developing road weather conditions and multi-day forecasts for cities across the country, and also view weather maps to ...
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Posted on Mon 21 Jan 2008, 7:25 PM
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Satellite Radio Articles
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XM-Sirius Merger Update
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Posted by : RiseStar , Lounge0101 Administrator
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 Earlier this week Sirius Radio shareholders approved the $5 Billion deal to acquire XM Satellite Radio Holdings Inc. The proposed merger of the XM Satellite Radio and Sirius Radio companies would create a single national entity with over 15 million subscribers.
The merger is still before the U.S. Department of Justice and Federal Communications Commission (FCC), which both need to approve it in order for it to proceed. The regulatory hurdle is always by far the most difficult to overcome as many factors need to be weighed in as it would create a monopoly situation which could potentially be taken advantage of at the expense of consumers. A big part of the decision will hinge on whether or not XM and Sirius have made their case that the merger will strongly benefit consumers. Lower subscription costs, increased choice and flexibility are among those topping the list.
The FCC had previously ruled that the 2 satellite companies could not combine, howe ...
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Posted on Fri 16 Nov 2007, 9:44 PM
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Satellite Radio Articles
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XM Canada anounces new channels
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Posted by : RiseStar , Lounge0101 Administrator
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 XM Canada, the Canadian version of XM Satellite Radio announced new channels being added to their lineup, bringing the Canadian lineup to 120 channels. The new channels being added to the Canadian service are currently available on the U.S. version of the XM Radio service. Stringent CRTC regulations and terms of XM Canada's broadcasting license restrict the number of U.S. channels that can be offered on the Canadian service due to a required ratio of Canadian produced content to U.S. produced content.
The new channels now available on XM Canada are;
- Radio Disney - music and entertainment for children
- ESPN Radio - sports news and play-by-play coverage delivered with
energy and enthusiasm
- ESPNEWS - your source for up-to-the-minute coverage of everything in
the world of sports, straight from ESPN, the definitive 24-hour sports
news network
- IndyCar Series Ra ...
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Posted on Wed 26 Sep 2007, 9:09 PM
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Archive
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08/04/2008 11:20 AM
In order to give the website a better focus, we are phasing out the less popular areas of the site, including the high definition and digital video recorder areas and forums. This will leave the site focused on digital satellite television and satellite radio.
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