Guide Note

Sirius Satellite Radio is a satellite radio company based out of New York City. The company has studios in Los Angeles and Memphis, and is the leading satellite radio organization in the United States by subscriber-base. The company recently announced that it will be providing an internet subscription which will include 78 of its 135 channels. On March 24, 2008, United States Justice Department approved a merger that would combine competitor XM Satellite Radio with Sirius, the FCC approval is still pending. The Sirius business model has been to stock programming with household names. Howard Stern was the company's first major deal, offering Stern $100 million in compensation. Also, the radio company offers an array of sorts programming striking a deal with the NFL and NBA. The company has three satellites orbiting space, RadioSat 1, RadioSat 2, and RadioSat 3.