What year did SiriusXM come out?
2002
Headquartered in New York City, with smaller studios in Los Angeles and Memphis, Sirius was officially launched on July 1, 2002. It now provides 69 streams (channels) of music and 65 streams of sports, news, and entertainment to its subscribers.
When did Sirius Satellite Radio start on the Internet?
On October 16, 2006, Sirius announced that it would be launching Sirius Internet Radio, with 78 of its 135 channels being available worldwide on the internet to any of its subscribers with a valid user name and password. On July 29, 2008, Sirius formally completed its merger with former competitor XM Satellite Radio.
Who is the owner of Sirius XM Radio?
Sirius XM Holdings, Inc., doing business as Sirius XM Satellite Radio, is an American broadcasting company headquartered in Midtown Manhattan, New York City that provides satellite radio and online radio services operating in the United States. The companies Sirius Satellite Radio and XM Satellite Radio are now merged into Sirius XM Radio.
What was the value of Sirius XM before the merger?
Sirius was valued at $5.2 billion, and XM at $3.75 billion. Each subscription was sold for $12.95 monthly. XM and Sirius executives felt the merger would lower programming costs by eliminating overlapping stations and duplicated marketing costs.
Are there any Canadian radio stations on Sirius?
With the launch of Sirius Canada in December 2005, American listeners gained five Canadian-produced stations including CBC Radio One, CBC Radio Three and Iceberg Radio, and Première Plus, Énergie2, and Bande à part for French listeners.
Who is the owner of Sirius Satellite Radio?
Sirius XM Satellite Radio. Sirius XM Holdings, Inc., doing business as Sirius XM Satellite Radio, is a broadcasting company headquartered in Midtown Manhattan, New York City that provides three satellite radio and online radio services operating in the United States: Sirius Satellite Radio, XM Satellite Radio, and Sirius XM Radio.
When did Sirius XM and Sirius Satellite Radio merge?
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. The merger created a company with 18.5 million subscribers, and the deal was valued at US$3.3 billion, not including debt.
Are there any public radio channels on Sirius?
Sirius also has exclusive satellite radio rights to National Public Radio, carrying two separate streams (whereas XM’s XM Public Radio channel carries only programming not produced by NPR, such as by PRI). The deal with NPR was the first high-profile deal entered into by Sirius.
What was the biggest challenge for Sirius XM?
The biggest challenge for the newly unified company was selling more subscriptions with the drop in the number of cars sold annually in the US, the subsequent reduced demand for cars equipped with satellite radio, as well as online radio-streaming competition.