Sirius XM Holdings | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-06-22

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Sirius_XM_Satellite_Radio


00:02:11 1 Pre-merger
00:02:20 1.1 Early days of Sirius
00:05:51 1.2 Early days of XM
00:09:20 2 Merger
00:09:29 2.1 Announcement
00:11:07 2.2 Approval
00:13:40 2.3 Opposition
00:14:34 3 Post-merger
00:14:43 3.1 Resurgence and growth
00:19:35 3.2 Executives
00:21:46 3.3 Internet and mobile
00:25:48 3.4 Subscriptions
00:26:49 3.5 Legal settlement
00:27:40 4 Programming
00:29:35 5 Canadian counterparts
00:31:36 6 Technical
00:31:46 6.1 Receivers
00:34:13 6.2 Satellites
00:36:50 7 Milestones



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SUMMARY
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Sirius XM Holdings, Inc., doing business as Sirius XM Satellite Radio, is an American broadcasting company headquartered in Midtown Manhattan, New York City that provides satellite radio and online radio services operating in the United States. The companies Sirius Satellite Radio and XM Satellite Radio are now merged into Sirius XM Radio. The company also has a minor interest in SiriusXM Canada, an affiliate company that provides Sirius and XM service in Canada. At the end of 2013, Sirius XM reorganized their corporate structure, which made Sirius XM Radio Inc. a direct, wholly owned subsidiary of Sirius XM Holdings, Inc.Sirius XM Radio was formed after the U.S. Federal Communications Commission (FCC) approved the acquisition of XM Satellite Radio Holding, Inc. by Sirius Satellite Radio, Inc. on July 29, 2008, 17 months after the companies first proposed the merger. The merger brought the combined companies a total of more than 18.5 million subscribers based on current subscriber numbers on the date of merging. The deal was valued at $3.3 billion, not including debt. Through Q2 2017, Sirius XM has more than 32 million subscribers.The proposed merger was opposed by those who felt it would create a monopoly. Sirius and XM argued that a merger was the only way that satellite radio could survive.In September 2018, the company agreed to purchase the competing streaming music service Pandora, and this transaction was successfully completed on February 1, 2019.