Sirius Satellite Radio Reaches 6 Million Subscribers
Sirius Satellite Radio announced that it has reached the six million subscriber mark, an increase of 2.7 million over the past year. The year-end mark represents a significant 82 percent jump over figures of 3.3 million reported at the tail end of 2005. The positive report comes at a time when speculation that Sirius and XM will eventually merge is at an all time high. Despite significant year-over-year increases, both companies are...
Sirius and XM Satellite Radio Merger?
Rumors of a Sirius+XM Satellite Radio merger have been in existence for almost as long as the companies started broadcasting. However, recent comments by executives at both companies have caused industry watchers to think that the “talk” may be getting real. The satellite radio sector is experiencing continued losses, mounting subscriber acquisition costs, lackluster subscriber gains, and increasing costs for content. This...
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