The very popular satellite-powered radio service, Sirius XM, may be getting ready for file for bankruptcy. The two corporations, Sirius and XM merged earlier last year in hopes to finally cut costs and begin making actual profit. But, no such money was made and the company fears near death. The news fell grim on me [...]
Stories that were tagged with ‘satellite radio’
FCC says “Yes!” to the XM and Sirius Satellite Radio merger. Originally fearing that such merger would create monopoly, the FCC has now realized that the two services are simply competing against other forms of music delivery such as iPods and HD Radio. The deal, however, wasn’t just as simple as saying “Yes,” the two [...]
