Monday, November 7, 2011

Sirius Trouble: Is Satellite Radio Headed for a Fall?

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Sirius Trouble: Is Satellite Radio Headed for a Fall?Satellite radio was one of the biggest success stories of the past decade.

A generation ago, it seemed absurd that people would pay for radio. Then again, the same thing could've been said about television a generation earlier.

Sirius Satellite Radio and XM Satellite Radio hit the market with competing platforms, merged in 2008, and now combine to serve premium content to more than 21.3 million accounts. Sirius XM Radio (SIRI) CEO Mel Karmazin expects to tack on another 440,000 net...

Sirius Trouble: Is Satellite Radio Headed for a Fall? originally appeared on DailyFinance.com on 2011-11-05T07:00:00Z.

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