Saturday, February 14, 2009

Sirius XM in Trouble

Don't look now, but Sirius XM is looking more and more troubled by the day. After fighting so long to get its merger approved, the new company is the latest to get caught in the ripple of the global economic crunch. More specifically, the threat of bankruptcy would spell public humiliation for outspoken CEO Mel Karmazin. It is still unclear how this situation would affect customers, but it may force the company to scale down its content and let go of some of its higher-priced personalities.  

For more details, click the link below.

http://www.nytimes.com/2009/02/11/technology/companies/11radio.html

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