Guide Note

XM Satellite Radio merged with Sirius Satellite Radio in 2008 to establish Sirius XM Radio, America's leading satellite radio provider. Sirius XM Radio now operates as a parent company to Sirius and XM, both of which continue to operate under separate names.¹ The company features multiple stations covering news, sports and all genres of music.

Fast Facts

1. Founded: 1988
2. Ticker: SIRI (NASDAQ)
3. Launched: September 25, 2001
4. Headquarters: Washington, DC
5. Chairman: Gary Parsons
6. President and CEO: Nate Davis
7. Employees: 860 (2007)
8. Broadcasts 24 hrs.
9. Commercial-free
10. Bob Dylan and Tom Petty host popular variety hours on XM
11. July 2008: Announced that merger with competitor Sirius Satellite Radio was complete¹

XM is a subscription-based service that costs $12.95 a month. The service offers 73 music channels, 39 news, sports, talk and entertainment channels, and 21 regional traffic and weather channels. Some of the more notable hosts on XM include Bob Dylan, Oprah Winfrey and Larry King. The price range for an XM receiver is between $20-$400. Customers have the option to have XM receivers in their car, home, or portable players are also available.