|
| Company name | XM Satellite Radio Holdings, Inc. | | Company type | Subsidiary of Sirius XM Radio | | Slogan | Beyond AM. Beyond FM. XM. | | Industry | Broadcasting - Radio | | Founded | 1992 (as American Mobile Radio Corporation)
2001 (as XM Satellite Radio) | | Headquarters | Washington, D.C., USA | | Key people | [Mel Karmazin], President and CEO
Joseph P. Zarella, CSO, Business Operations, Listener Care & Information Technology
Jon Zellner, Executive Vice President, Programming | | Products | Satellite Radio | | Revenue | (+)US$1.14 billion (2008) From Yahoo Finance | | Net income | (-)US$-682.38 million (2006) | | Employees | 860 (2007) | | Parent | Sirius XM Radio |
|
|
XM Satellite Radio (XM) is one of two satellite radio (SDARS) services in the United States and Canada, operated by Sirius XM Radio. It provides pay-for-service radio, analogous to cable television. Its service includes 73 different music channels, 39 news, sports, talk and entertainment channels, 21 regional traffic and weather channels and 23 play-by-play sports channels. XM channels are identified by Arbitron with the label "XM" (e.g. "XM32").
The company has its origins in the 1988 formation of the American Mobile Satellite Corporation (AMSC), a consortium of several organizations originally dedicated to satellite broadcasting of telephone, fax, and data signals. In 1992, AMSC established a unit called the American Mobile Radio Corporation dedicated to developing a satellite-based digital radio service; this was spun off as XM Satellite Radio Holdings, Inc. in 1999. The satellite service was officially launched on September 25, 2001. On July 29, 2008, XM and former competitor Sirius Satellite Radio formally completed their merger, following U.S. Federal Communications Commission (FCC) approval, forming Sirius XM Radio, Inc. On November 12, 2008, Sirius and XM began broadcasting with their new, combined channel lineups. XM was also the largest satellite radio company in the United States before merging with Sirius.
|
|
|
RSS
