February 17, 2009
Sirius XM Slow Death Extended by Liberty Media
Liberty Media, whose assets include DirecTV, have saved Sirius XM from going bankrupt today with a $530 million loan. The economics of satellite radio and the terms of this deal suggest that Sirius XM will ultimately be absorbed by Liberty and DirecTV. Expect the service to turn a profit when customers pay more for less. More from CNN Money.
February 17, 2009 | Permalink
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