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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]
Sirius XM's mobile app (version 3.0), as seen on the iPad Mini. On February 4, 2010, the Sirius XM BlackBerry application was announced, for use on BlackBerry smartphones (the Bold, Curve, Storm, and Tour). [82] As of April 2013, the app featured over 150 channels. [83] On May 28, 2010, the Sirius XM application for Android smartphones was ...
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 ...
SiriusXM has a dedicated base of users, but AM/FM still controls a 60% share of ad-supported and ad-free offerings in cars, according to Edison Research’s Q1 2024 Share of Ear survey. (And it ...
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Performance rights organization BMI has filed a rate court action against SiriusXM in an attempt to provide its artists “fair and appropriate fees” for music licensing deals with the radio ...
1990: Sirius Satellite Radio, known then as Satellite CD Radio Inc., proposes the concept of a satellite-delivered digital radio service to the Federal Communications Commission. 1995 January: The FCC sets aside 50 MHz (2310 MHz through 2360 MHz) in the S-band for Satellite Digital Audio Radio Service, also known as SDARS and now commonly known ...
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.