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Topic: Sirius/XM in twubble (Read 510 times)

aj_law

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Sirius/XM in twubble

« on: Feb 11, 2009 at 14:49 »

I'm sure somebody will buy 'em out, but interesting to hear nonetheless.

http://www.engadget.com/2009/02/10/report-sirius-xm-preparing-to-file-for-bankruptcy/


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vinman3

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Re: Sirius/XM in twubble

« Reply #1 on: Feb 11, 2009 at 14:59 »

They are offer lifetime subs, with the deal that if they are bought out, they are null and void. Why anyone would do that is beyond me. Having said that, I love my XM.


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jonzr

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Re: Sirius/XM in twubble

« Reply #2 on: Feb 11, 2009 at 15:01 »

That sounds very serial. VERY SERIAL!


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Spen

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Re: Sirius/XM in twubble

« Reply #3 on: Feb 17, 2009 at 14:58 »

I love mine too. In my market there is no current terrestrial pop, rock, or alternative station so pretty much all I listen to is XM. Plus I love me the NHL and enjoy their coverage.

Bankruptcy is on hold for now, they got a loan. I wonder how much longer they have left on the Stern deal, that has to be killing them.


« Last Edit: Feb 17, 2009 at 15:10 by Spen »	Logged

Finnegans Wake

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Re: Sirius/XM in twubble

« Reply #4 on: Feb 17, 2009 at 15:39 »

Liberty Media just invested $530M in Sirius; they swim for now. Some serious debt and management issues remain, however, and with the auto industry on the skids the future is anything but assured.


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