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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 Satellite Radio Inc. was a satellite radio and online radio service operating in North America, owned by Sirius XM Holdings. Headquartered in New York City, with smaller studios in Los Angeles and Memphis , Sirius was officially launched on July 1, 2002.
Removed on 2008-11-12 after the merger of the SIRIUS and XM channel lineups. xL The Rhyme (XM65) – Uncensored Classic Hip-Hop. Removed on 2008-11-12 after the merger of the SIRIUS and XM channel lineups. Beyond Jazz (XM72) – Progressive Jazz and Modern Jazz music. Removed on 2008-11-12 after the merger of the SIRIUS and XM channel lineups.
XM satellite radio was launched in Canada on November 29, 2005. Sirius followed two days later on December 1, 2005. Sirius Canada and XM Radio Canada announced their merger into Sirius XM Canada on November 24, 2010. [35] It was approved by the Canadian Radio-television and Telecommunications Commission on April 12, 2011. [36]
One of the most compelling angles for investing in SiriusXM is its dominance in satellite radio, specifically its vehicle-based music subscriptions. The company had 33 million subscribers at the ...
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 ...
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