Sirius XM Radio Inc. has two
principal wholly owned subsidiaries, XM Satellite Radio Holdings
Inc. and Satellite CD Radio Inc. The Company is engaged in
broadcasting in the United States, its music, sports, news,
talk, entertainment, traffic and weather channels for a
subscription fee through its satellite radio systems, the SIRIUS
system and the XM system. On July 28, 2008, its wholly owned
subsidiary, Vernon Merger Corporation, merged (the Merger) with
and into XM Satellite Radio Holdings Inc. and, as a result, XM
Satellite Radio Holdings Inc. became its wholly owned
subsidiary. The SIRIUS system consists of three in-orbit
satellites, approximately 120 terrestrial repeaters that receive
and retransmit signals, satellite uplink facilities and studios.
The XM system consists of four in-orbit satellites, over 700
terrestrial repeaters that receive and retransmit signals,
satellite uplink facilities and studios.
Ticker Symbol:
NASDAQ: SIRI
Programming:
Amazing Radio: 150 digital channels
coast-to-coast, including original music and talk channels created
by the company's XM ORIGINALS programming unit and by leading
national brand-name content providers. Many of XM's channels are
commercial-free. XM's programming partners include Sesame
Workshop, NASCAR, Associated Press, CNBC, CNET, BBC World Service
and BBC Concerts, USA TODAY, AsiaOne, BET, Radio One, The Sporting
News, CNN/Sports Illustrated and CNN Financial Network, Bloomberg,
Hispanic Broadcast Corporation, C-SPAN Radio, Clear Channel and
DIRECTV, National Lampoon, Discovery, Firesign Theatre and MTV.
Service:
Monthly subscription fee,
approximately $12.95 per month
Two Boeing 702 satellites built by
Boeing Satellite Systems, with payloads manufactured by Alcatel
Space. Both satellites will operate in geostationary orbit, with "XM
Rock" at 85° West Longitude and "XM Roll" positioned at 115° West
Longitude. Telesat Canada will monitor and control the satellites
for XM. Sea Launch provided launch services.
The largest digital radio facility of
its kind in the country with 82 end-to-end fiber-optic programming
and broadcast studios at XM headquarters in the heart of
Washington, DC.
Broadcast Studios:
Washington, DC
1500 Eckington Place, NE
Washington, DC 20002
Phone: 202-380-4000
Fax: 202-380-4500
New York, New York
11221 Avenue of the Americas
36th Floor
New York NY 10020
New York, New York
Economist Building
111 W. 57th Street
New York, NY 10019
Phone: 212-956-5656
Nashville, Tennessee
Country Music Hall of Fame &
Museum
222 5th Avenue South
Nashville, TN 37203
XM Timeline:
Nov 12,
2001
XM Radio
Launches Nationwide
XM is
available nationally.
Sep 25,
2001
XM
Officially Launches the First U.S. Digital Satellite Radio
Service
XM formally
launches service in its two lead markets, Dallas/Fort Worth
and San Diego
May 8,
2001
XM
launches "Roll"
Sea Launch
successfully launches XM's second satellite, "Roll."
Mar 30,
2001
XM
Announces Delivery Of Production Design Chipsets To Radio
Manufacturers
ST
Microelectronics delivers the first production chipsets to
radio manufacturers.
Mar 18,
2001
XM
launches "Rock"
Sea Launch
successfully launches the first XM satellite, "Rock."
Mar 1,
2001
XM Ready
Radios Hit Retail Shelves
XM Ready
radios from Pioneer and Alpine hit retail shelves, allowing
consumers to purchase head units which will be able to control
XM tuners when they go on sale later in the year.
Oct 19,
2000
XM and ST
Microelectronics announce the delivery of custom chipsets to
radio manufacturers
XM and
STMicroelectronics, one of the world's leading semiconductor
vendors, successfully completes fabrication and initial
testing of XM's first pass custom chips. The chips are
delivered to XM radio partners for integration into the
manufacturing process of XM satellite-capable radios. Delivery
of these custom integrated circuits is a major technical
milestone in the production of XM's radios.
Sep 13,
2000
XM Demos
First Prototype Satellite Radio
XM's
demonstration of first prototype satellite radio wows the
crowds during an open-house at the XM broadcast complex in
Washington, D.C., followed by a performance by Aretha Franklin
that evening.
Jul 31,
2000
XM
Announces First Round of In-House Programming Talent.
XM begins
building out its programming team, hiring the first 15 members
of the group that will bring the nation a revolutionary new
audio experience.
Jul 14,
2000
XM is On
The Move.
XM completes
move to new headquarters at 1500 Eckington Place, Washington
D.C. - the largest state-of-the-art broadcast complex of its
kind in the U.S., with 82 all-digital studios and 150,000
square feet.
Jun 6,
2000
XM Names
TBWA / Chiat/Day as Advertising Agency of Record.
After
completing its national agency review XM selects TBWA/Chiat/Day
Los Angeles as its advertising agency of record.
Feb 9,
2000
Sony Signs
Contract with XM
Sony licenses
XM's technology and begins developing world's first satellite
radio that can be transported between the car and home.
Oct 5,
1999
XM
announces IPO at $12 per share.
XM Satellite
Radio Holdings Inc. holds its initial public offering of
10,000,000 shares of common stock at $12 per share.
Jul 8,
1999
Clear
Channel, DIRECTV and General Motors invest $250 million in XM.
The combined
$250 million is comprised of $75 million each from Clear
Channel and the private investment group and $50 million each
from General Motors and DIRECTV. American Mobile also
completed its acquisition of WorldSpace Inc.'s interest in XM.
Oct 12,
1998
American
Mobile Radio Corporation becomes XM Satellite Radio.
American
Mobile Radio Corporation President and CEO Hugh Panero
announce that the company has changed its name to XM Satellite
Radio Inc.
Sep 24,
1998
Contract
Signed with ST Microelectronics
ST
Microelectronics licenses XM's technology and begins
developing the first satellite radio chipset for automotive
use.
Aug 10,
1998
Lee Abrams
Receives Coveted Award
Content &
Programming SVP Lee Abrams receives recognition from one of
the most influential radio industry publications: The Album
Network names him as one of the most 120 influential people in
the radio industry. Lee has also been recognized as the number
one radio programmer of all time by "Radio & Record" Magazine
and as a member of the "Newsweek" Cultural Elite 100.
Jun 17,
1998
Letter of
Agreement Signed with Alpine
Alpine signs
letter of agreement to license XM's technology and begin
developing satellite radios for automotive use.
Jun 10,
1998
Hugh
Panero named CEO
Hugh Panero is
named President & CEO of American Mobile Radio Corporation.
May 27,
1998
Letter of
Agreement Signed with Pioneer
Pioneer signs
letter of agreement to license XM's technology and begin
developing the world's first satellite radios for automotive
use.
Mar 10,
1998
Contract
Signed with Hughes to Develop and Launch Satellites
American
Mobile Radio Corporation engages Hughes Space and
Communications International (now Boeing Space Systems) to
build two HS 702 geostationary satellites with payloads to be
provided by Alcatel.
Mar 10,
1997
License is
Granted to American Mobile Radio Corporation
American
Mobile Radio Corporation is granted a satellite DARS (digital
audio radio service) license by the Federal Communications
Commission.
Jun 6,
1992
American
Mobile Radio Corporation is founded
American
Mobile Radio Corporation is founded to provide a
multi-channel, nationwide audio service with high-quality
digital sound and an unprecedented variety of programming.
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