Report: Sirius XM Preparing to File for Bankruptcy
Sirius XM is preparing to file for bankruptcy and could do so within days, the New York Times reports. According to the article, the move might be a calculated act to pressure Dish Network and EchoStar owner Charles Ergen into making an offer for acquisition. The Wall Street Journal says he offered to purchase the merged satellite radio group late last year and was then brushed off. Despite ...
The Sirius Satellite Radio and XM merger is rankling more than a few of the service's subscribers now that many of their favorite stations have been eliminated in new channel line ups. As with most mergers, the two companies are, at best, trying to remove redundancy, putting a positive spin on their new combined effort. In actual practice, that means switching some channels from one service to the ...









