Tag: XM RADIO

When's the last time you actually sat in your room or office and listened to FM radio? Be honest. Thanks to Internet radio services like Pandora, it's probably been quite a while. According to The New York Times, drivers, too, could inch further and further from traditional radio as automakers and car stereo manufacturers partner with mobile devices and Internet radio. The obvious draw here is ...

We guess those bailout talks with DirecTV weren't so futile after all, huh? The satcaster's parent company, Liberty Media, has just stepped in to rescue Sirius XM from the clutches of bankruptcy, providing a $530 million life raft that it will use to pay off looming debt payments and keep operations humming. Liberty will write a $280 million check immediately, of which $171 million will go ...