stockcaps360 (74.02)

Is SIRI threat to television

September 28, 2009 – Comments (2) | RELATED TICKERS: EMMS , FSCI , RC

Look like Radio is start itching into many eyes.Are they  afraid of 
radio becoming a powerful player once again.Radio once known to be the 
only source of entertainment  in the world is demanding for its crown 
again.I know it is going to cause lots of pain to  many people,but the 
truth is many youngster like to listen to radio in their cars, i 
phones specially when they are on the move all the time.SIRI is the 
best in Radio Business and success is about to touch their feet. Good 
luck 

Sirius XM Radio Inc. has two principal wholly owned subsidiaries, XM 
Satellite Radio Holdings Inc. and Satellite CD Radio Inc. The Company 
is engaged in broadcasting in the United States, its music, sports, 
news, talk, entertainment, traffic and weather channels for a 
subscription fee through its satellite radio systems, the SIRIUS 
system and the XM system. On July 28, 2008, its wholly owned 
subsidiary, Vernon Merger Corporation, merged (the Merger) with and 
into XM Satellite Radio Holdings Inc. and, as a result, XM Satellite 
Radio Holdings Inc. became its wholly owned subsidiary. The SIRIUS 
system consists of three in-orbit satellites, approximately 120 
terrestrial repeaters that receive and retransmit signals, satellite 
uplink facilities and studios. The XM system consists of four in-orbit 
satellites, over 700 terrestrial repeaters that receive and retransmit 
signals, satellite uplink facilities and studios