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There are many reasons why Sirius XM Radio's (NAS: SIRI) average revenue per user may never approach its going monthly rates. The satellite radio giant has earlier subscribers on lifetime plans.
The service is reported to cost an additional US$6.99 per month on top of the standard Sirius subscription price. [42] [43] The MSRP of the factory installed units is US$470 and the aftermarket unit has an MSRP of US$299.99. Both were made available in the fourth quarter of 2007. [44] As of 1 January 2016 the service has been discontinued.
Following the merger, Sirius XM began offering numerous new options, including à la carte offerings, a family-friendly version, and "mostly music" or "news, sports, and talk" packages, ranging in price from US$6.99 to US$16.99 per month. [93] Prior to the merger, Sirius offered, for a one-time fee, a lifetime subscription for the radio unit ...
The latest Tesla software update could be a boost to Sirius XM's sluggish subscriber base. ... it's offering a two-year subscription for $9.99 a month, a deep discount to its retail offering ...
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).
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]
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In business terms, Sirius XM's revenues more than doubled thanks to the Pandora buyout in 2019, while Netflix posted a 600% sales increase. I know which stock I'd rather own and which company ...
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