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When did Sirius merger with XM?
July 29, 2008
NEW YORK, July 29, 2008 /PRNewswire-FirstCall via COMTEX News Network/ — SIRIUS Satellite Radio (Nasdaq: SIRI) and XM Satellite Radio today announced that they have completed their merger, resulting in the nation’s premier radio company.
Was SiriusXM merger successful?
The FCC has approved the merger of XM and Sirius satellite radio after 17 months of behind-the-scenes negotiations. While some critics have said the merger represents a monopoly, it appears that the two weak companies may be combining to form one weak company.
Did Pandora and XM merge?
It was one of the music industry’s biggest stories of 2019: In February that year, satellite radio giant SiriusXM announced it had completed the acquisition of Pandora in a $3.5 billion all-stock transaction.
Why did the two satellite radio stations merge?
XM and Sirius executives felt the merger would lower programming costs by eliminating overlapping stations and duplicated marketing costs. According to their original operating licenses, the two companies were not allowed to ever own each other’s license.
Is Pandora free for Sirius subscribers?
No. Except for some shared content or special offers, SiriusXM and Pandora will continue to operate as separate services under their own brands.
Does SiriusXM own Spotify?
No. SiriusXM does not own Spotify.
Is Pandora free with Sirius?
Yes! SiriusXM listeners now have access to Pandora Now and Pandora users now have access to some of SiriusXM’s best podcast programming. Pandora Now: Pandora Now is a music station that SiriusXM listeners can access on Channel 3.
Does Spotify have channels like SiriusXM?
No. Spotify does not have stations like Sirius.
Is SiriusXM owned by XM?
It was formed by the 2008 merger of Sirius Satellite Radio and XM Satellite Radio, merging them into SiriusXM Radio. The company also has a 70% equity interest in Sirius XM Canada, an affiliate company that provides Sirius and XM service in Canada.
What happened to SiriusXM?
After a 57-week review process, the U.S. Justice Department approved the Sirius and XM merger on March 24, 2008, concluding that satellite radio competes with terrestrial radio, online streaming, and mp3 players and tablets.
Will the Sirius XM-Sirius merger be replicated in Canada?
“XM, Sirius merger in U.S. raises competition concerns in Canada”. CBC News. ^ a b “XM-Sirius merger not replicated in Canada”. The Hollywood Reporter. 29 July 2008. ^ Protalinski, Emil (25 November 2010). “XM and Sirius to finally merge in Canada”. techspot.com. ^ “CRTC Approves Sirius XM Merger In Canada”. All Access. 12 April 2011.
How much does it cost to subscribe to SiriusXM?
Following the merger, Sirius XM began offering numerous new options, including à la carte offerings, a family-friendly version, and “mostly music” or “news, sports, and talk” packages, ranging in price from US$6.99 to US$16.99 per month.