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Author Topic: Sirius/XM in twubble  (Read 652 times)
aj_law
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« 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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« 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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« Reply #2 on: Feb 11, 2009 at 15:01 »



That sounds very serial.  VERY SERIAL!

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Spen
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« 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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« 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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