Wednesday 4 May 2011

Sirius XM


Sirius and XM satellite radio formally merged in 2008 and, three years later, a remapping of their channel lineup has made the two networks finally appear as one.
SiriusXM's new schedule starts Wednesday with most channels moving to new numbers and a few exceptions. For example, Howard Stern's two stations, Howard 100 and Howard 101, are still on channels 100 and 101, respectively.
Top-40 station SiriusXM Hits 1, which was previously on XM 1 and Sirius 2, is now just on channel 2. Martha Stewart Living Radio, Oprah Radio, Hair Nation, Pearl Jam Radio, Playboy Radio, Shade 45, Radio Disney and more than a hundred other stations also have new, unified dial positions now.
For the stations that have moved, SiriusXM says that presets "should automatically 'follow' any channels that you’ve preset to their new locations." If you still can't find the channels you want, the company has posted a guide to their new channel lineup.
Stern, who signed a new five-year contract in December, is expected to start a new reduced schedule this week. According to Digital Spy, Stern told his listeners last Thursday that he would begin alternating between three-day and four-day work weeks beginning in May. The infamous radio shock jock, who has remained on the air since suing SiriusXMin March for withheld stock awards, said his contract allows the lighter workload.
SiriusXM announced Tuesday that its first quarter profits had gone up 88 percent, thanks to improved auto sales driving subscriber growth. The satellite radio served posted a revenue of $724 million for the quarter, which Forbes says fell just short of expectations of $736.3 million. Still, the company's first quarter revenue improved 9 percent from a year earlier.
The Wall Street Journal reports SiriusXM ended the quarter with 20.6 million subscribers, up from 18.9 million a year earlier. "Churn," also known as subscriber turnover, was unchanged at 2 percent while acquisition costs went down 3.4 percent. Average revenue per subscriber had gone up 0.3 percent.
SiriusXM said it expects to grow by another 1.4 million subscribers this year.

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