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As of February 11, 2009, Sirius XM had $3.25 billion in total debt and had until February 17, 2009, to repay $175 million in bonds held by EchoStar. EchoStar has been buying Sirius XM's debt since an unsuccessful December 2008 takeover bid. Shares of Sirius XM had been trading for less than $1 from September 10, 2008, until February 2010. [66]
In 2021, a settlement was reached in "Alvarez v. Sirius XM Radio Inc." regarding customers with these Sirius lifetime subscriptions. All lifetime subscriptions are now for the lifetime of the owner, not the radio unit. Subscriptions can be transferred from one radio to another for $35.
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 XM's monthly churn rate for its self-pay subscribers is 1.6%, within its historical range. The challenge for Sirius XM is attracting new users. Its free trial funnel continues to soften.
A merger of Sirius Satellite Radio and XM Satellite Radio occurred in the summer of 2008. [2] Programming. Howard 100. As of ...
Liberty Media Corporation (commonly referred to as Liberty Media or just Liberty) is an American mass media company founded by John C. Malone in 1991. The company has three divisions, reflecting its ownership stakes in the Formula One Group, Sirius XM, and Live Nation Entertainment.
When the merge of XM and Sirius Satellite Radio music and talk channels occurred on November 12, 2008, Rick Stacy was named the channel's program director, and the airstaff consisted of the four surviving original MTV "veejays" - Nina Blackwood, Mark Goodman, Alan Hunter and Martha Quinn, carrying over the lineup of Sirius's Big '80s channel. '80s on 8 was simulcast on both XM and Sirius, and ...
A New York state judge found Sirius XM Holdings liable in New York Attorney General Letitia James' lawsuit accusing the satellite radio and streaming company of making it too hard for customers to ...