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Articles about xm radio

Liberty Media steps in to save Sirius XM, loans them $530 million

by Robert Nelson on Feb 17, 2009 at 01:05 PM

Just last week it appeared like a bankruptcy was the inevitable for satellite provider Sirius XM, but how quickly things can change.  Liberty Media Corporation has just stepped in and saved them with a loan for a whopping $530 million.  The loan will be given in two parts with the… Continue Reading »

Sirius XM preparing for potential bankruptcy

by Robert Nelson on Feb 11, 2009 at 01:01 PM

New reports are claiming that Sirius XM is “within days” of filing for Chapter 11 bankruptcy.  According to a New York Times report, the company is currently “working with advisers to prepare for a possible bankruptcy filing.”  So, as of now, they are considering the option, which means they have… Continue Reading »

Sirius finalizes XM acquisition, now officially called Sirius XM Radio

by Robert Nelson on Jul 30, 2008 at 08:15 AM

After a long time of speculation and wondering, the deal has officially been completed. Sirius and XM have formed as one company and are now using the uninspired sounding name of Sirius XM Radio. As we saw the merger had its ups and downs and times when it looked like… Continue Reading »

Sirius, XM merger receives the official FCC approval

by Robert Nelson on Jul 26, 2008 at 09:51 AM

Coming in a close 3-2 vote, the $3.3 billion purchase of XM from rival Sirius has been given the official seal of approval from the FCC. This news will now leave US customers with just one satellite radio service, which initially sounds like not the best of news, however at… Continue Reading »

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