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XM & Sirius Satellite Radio

1618 messages, Last post on Nov 11, 2009 at 3:22 PM
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Replying to: qbrozen (Feb 11, 2009 8:03 am) |
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"a solid business with an outstanding customer base, but we are burdened with substantial debt obligations" Sounds familiar. The music biz is tough these days: Muzak files for bankruptcy (CNN) |
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Replying to: lukedatruth (Feb 16, 2009 1:54 pm) don't do the hard wire.
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Replying to: ral2167 (Feb 16, 2009 4:03 pm)
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Replying to: lukedatruth (Feb 16, 2009 4:15 pm) |
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Liberty to lend Sirius $530 million, get 40% stake February 17, 2009 - 9:45 am ET NEW YORK (Reuters) -- John Malone's Liberty Media Corp. has agreed to lend $530 million to Sirius XM Radio Inc. in exchange for a 40 percent equity stake, saving the satellite radio provider from possible bankruptcy and sending its shares up 100 percent. The deal also helps Sirius CEO Mel Karmazin fend off a potential takeover bid by Charles Ergen's EchoStar Corp., which has purchased hundreds of millions of Sirius's total debt of about $3.25 billion. http://www.autonews.com/article/20090217/ANA05/302179823/1182 (registration link) So I guess they're not going bye-bye. But all is not that pretty, Liberty also owns a controlling share of DirecTV, one of the companies that was previously looking to take over Sirius. And that "doubling of Sirius' stock price" brings it up to a whopping $0.21 per share. :-/
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Replying to: nippononly (Feb 17, 2009 9:21 am) |
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| Just as an FYI, my subscription was up for "auto renewal" March 8th at the whopping price of $145 for the year. I called and said I wanted to cancel and the operator asked why, I said I can't afford it. She said I could renew for the promotional price of $77/year ( which I have been paying for the last 3 years) and I said yes. This price is available to everyone, you just have to ask for it. Heck, tell 'em I sent you! | |
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This question may already be on the forum but i want to ask specifically. I have a 2005 Cobalt that i bought new and it has the XM radio built in, no additional accessories or box that you plug in, its set into my *bands* button selections. My radio has been damaged and i can no longer use it. What i would like to know is: Can i buy an aftermarket radio like the one i have, where the xm is already built in the deck where i can just call in the radio ID and swap my account to that radio. OR do i have to buy an XM ready radio and still buy a box to tune it? It doesnt seem to make much sense since the xm box runs through a radio station anyway. My car is already equipped with an XM antenna and wverything since it was like that when i got it. Is the satellite receiver built into the deck, or is it something built inside my dash that the radio i have hooks up to. I havent taken it apart yet to find out. Thank you for any help
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