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Sirius XM Radio (SIRI) is the latest company to raise its prices and totally get away with it. The satellite radio service provider posted better-than-expected subscriber growth in its latest ...
SiriusXM rolled out a new logo, a brand-new app — with a cheaper monthly streaming plan — and a slate of new channels and shows, all aimed at helping the company grow beyond its satellite ...
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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]
Following the six-month promotional period, subscribers would have to start paying the regular price for either ESPN+ (currently $11.99/month) or SiriusXM streaming (starting at $9.99/month).
Satellite radio subscribers purchase a receiver and pay a monthly subscription fee to listen to programming. They can listen through built-in or portable receivers in automobiles; in the home and office with a portable or tabletop receiver equipped to connect the receiver to a stereo system; or on the Internet. [37]
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 2011. [32] In early 2009, Sirius XM prepared to file Chapter 11 bankruptcy. [33]
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). [82] As of April 2013, the app featured over 150 channels. [83] On May 28, 2010, the Sirius XM application for Android smartphones was ...
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