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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.
On July 29, 2008, XM and former competitor Sirius Satellite Radio formally completed their merger, following U.S. Federal Communications Commission (FCC) approval, forming Sirius XM Radio, Inc. with XM Satellite Radio, Inc. as its subsidiary. [1] On November 12, 2008, Sirius and XM began broadcasting with their new, combined channel lineups. [2]
The U.S. Federal Communications Commission (FCC) approved the merger of XM Satellite Radio and Sirius Satellite Radio, Inc. on July 29, 2008, 17 months after the companies first proposed it. [4] The merger created a company with 18.5 million subscribers, [4] and the deal was valued at US$3.3 billion, not including debt. [5]
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. XM and Sirius both operate in ...
In 1997, the FCC granted both CD Radio and XM Satellite Radio licenses to use a part of the S-band spectrum, costing CD Radio $83 million. [1] [8] In 1999, Margolese changed the name of CD Radio to Sirius Satellite Radio, so as not to be identified with the outdated technology of compact discs. [16] Margolese raised $1.8 billion to launch Sirius.
Satellite radio uses the 2.3 GHz S band in North America for nationwide digital radio broadcasting. [6] MobaHO! operated at 2.6 GHz. In other parts of the world, satellite radio uses part of the 1.4 GHz L band allocated for DAB. [7] Satellite radio subscribers purchase a receiver and pay a monthly subscription fee to listen to programming.
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