sirius xm
Sonos systems now streaming SiriusXM content for those in Canada
If you happen to be a SiriusXM subscriber that lives in Canada and has been looking to stream the channels to a Sonos system — we have a bit of good news to pass on. As of today, the folks at Sonos have announced that SiriusXM streaming is available for those in Canada. And on more »
SiriusXM Internet Radio app for iOS gets updated, brings iPad optimization and more
Sirius XM Radio have updated their iOS app, the app is called SiriusXM Internet Radio and what was once designed for the iPhone and iPod touch has now gone universal and is sporting optimizations for the larger display on the iPad. The latest update brings the app up to version 1.4 and it requires iOS more »
Sirius XM app gets updated for iOS4, now with background playback & reduced buffering
Sirius XM have recently rolled out the latest update for their Sirius XM Premium Online app for the iPhone and iPod touch. The app has been brought up to version 1.3.3 and perhaps more important then the version number is the new features and support. This one will be good news for those running iOS more »
Liberty Media steps in to save Sirius XM, loans them $530 million
Just last week it appeared like a bankruptcy was the inevitable for satellite provider Sirius XM, but how quickly things can change. Liberty Media Corporation has just stepped in and saved them with a loan for a whopping $530 million. The loan will be given in two parts with the first beginning immediately.
The first part consists of $280 million, of which $171.6 million will go to pay their debts. The second part will be $150 million with another $100 million going towards the outstanding loans from XM Satellite Radio.
Sirius XM preparing for potential bankruptcy
New reports are claiming that Sirius XM is “within days” of filing for Chapter 11 bankruptcy. According to a New York Times report, the company is currently “working with advisers to prepare for a possible bankruptcy filing.” So, as of now, they are considering the option, which means they have not begun the process, still this is not good news.
On the flip side, the report also mentions that this could also be a calculated move to convince Charles Ergen (owner of Dish Network and EchoStar) to make a solid offer to purchase. Ergen has already made an offer in the past, it came shortly after Sirius and XM merged.
