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Sirius XM is going to raise rates on additional radios by $2 to $8.99. That charge is per radio. They are also going to introduce a $3 charge to listen on the Internet. There is a promise that the Internet offerings will be near CD quality, but I’m not sure that offsets the new cost. There are rumors that package prices will be raised, but I cannot see the Obama FCC allowing that to happen in the current economic climate. Both the Sirius and XM websites are offering users the ability to lock their original prices in, by buying a long term plan instead of a month to month subscription. Looks like Sirius needs some cash today.
From [Electronic House]
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