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Digital audio radio service (DARS) is any type of digital radio program service.In the United States it is the official FCC term for digital radio services.. The most popular type of DARS in the U.S. and Canada is SDARS (Satellite Digital Audio Radio Service), used by Sirius Satellite Radio and XM Satellite Radio.
On March 24, 2008, the United States Department of Justice approved the merger of XM and Sirius Satellite Radio. [29] On July 26, the FCC approved the XM-Sirius merger [30] and on July 29, Sirius and XM officially merged as Sirius XM Radio. [31] XM Canada and Sirius Canada, subsidiaries of the parent companies, remained separate until April ...
Sirius XM's mobile app (version 3.0), as seen on the iPad Mini. On February 4, 2010, the Sirius XM BlackBerry application was announced, for use on BlackBerry smartphones (the Bold, Curve, Storm, and Tour). [81] As of April 2013, the app featured over 150 channels. [82] On May 28, 2010, the Sirius XM application for Android smartphones was ...
As of February 11, 2009, Sirius XM had $3.25 billion in total debt and had until February 17, 2009, to repay $175 million in bonds held by EchoStar. EchoStar has been buying Sirius XM's debt since an unsuccessful December 2008 takeover bid. Shares of Sirius XM had been trading for less than $1 from September 10, 2008, until February 2010. [66]
Sirius XM's total interest expense was $416 million over the last 12 months, or a large chunk of its $2 billion in operating earnings. If revenue keeps falling, profits will keep falling. But the ...
Plus, SiriusXM stock is cheap, trading at a forward price-to-earnings ratio of just 7.8. However, SiriusXM is facing an uphill battle in the music subscription space. Its subscriber numbers seem ...
Sirius XM Radio is on the road again. The satellite radio provider is announcing this morning that it will shell out $530 million for Agero's connected vehicle services business. Agero is happy.
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