BOSTON, Aug. 20, 2009 (GLOBE NEWSWIRE) -- Globalequityreport.com announces an investment report featuring radio broadcasting services company Sirius XM Radio Inc. The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.
The investment report on Sirius XM Radio Inc. (Nasdaq:SIRI) should be of particular interest to other Broadcast Services companies: Cumulus Media Inc. (Nasdaq:CMLS); Corus Entertainment Inc. (TSX:CJR); Modavox Inc. (OTCBB:MDVX) and Entercom Communications Corp. (NYSE:ETM).
The report is available at: http://www.globalequityreport.com/siri
Sirius XM Radio Inc. (Nasdaq:SIRI), provides satellite radio services in the United States and Canada. The company offers a programming lineup of 117 channels to subscribers, which include 63 channels of commercial-free music and 54 channels of sports, news, talk, entertainment, and traffic and weather.
It also provides music channels that offer music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; channels of sports; talk and entertainment channels; comedy channels; and religious channels.
As of December 31, 2008, Sirius XM Radio had 19,003,856 subscribers. In addition, it provides music services for commercial establishments; music and comedy channels to mobile phone users; and music channels and select non-music channels over the Internet; a suite of data services; services that offer graphic information; and various real-time weather services, as well as operates a television service, which provides content designed primarily for children in the backseat of vehicles. Further, the company engages in the distribution of satellite radios for use in cars, trucks, homes, offices, boats, or other locations. Sirius XM Radio distributes its satellite radios primarily through automakers, retailers, and Websites, as well as offers to customers of rental car companies.
Further, it provides home units that offer satellite services to home and commercial audio systems and products that provide access to the Internet radio services in the home without the personal computer. Sirius XM Radio Inc. was formerly known as Sirius Satellite Radio Inc. and changed its name to Sirius XM Radio Inc. in August 2008. Sirius XM Radio Inc. was founded in 1990 and is headquartered in New York, New York.
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