XM Satellite Radio Tops Five Million Subscribers
WASHINGTON, Sept. 27 /PRNewswire-FirstCall/ -- XM Satellite Radio today announced that it recently surpassed 5 million subscribers, increasing its lead as the nation's number-one satellite radio company.
"With more than five million subscribers today, XM continues to expand its position as the leader in the satellite radio industry," said Hugh Panero, XM Satellite Radio President and CEO. "We are on track to have more than six million subscribers by the end of this year. Consumers are choosing XM because we offer the most choices, including the most commercial-free music and live sporting events, and the most advanced technology. With the winning combination of outstanding new channels and breakthrough products in advance of the holiday season, XM is poised for record growth during the fourth quarter."Upcoming XM programming highlights include comprehensive coverage of Major League Baseball playoffs and the World Series, the debut of National Hockey League games on XM, and the launch of Take Five, a new 24-hour talk radio channel aimed at women, featuring satellite radio broadcasts of high-profile programs such as "The Ellen DeGeneres Show."
5 Million subscribers... that's crazy. XM is what? $10 a month? That's $50,000,000 A MONTH
in revenue. Someone is becoming very, very rich.