Summary
NEW YORK -- Sirius Satellite Radio Inc. added more net subscribers in the third quarter than its rival, XM Satellite Radio Holdings Inc., but shares in both companies fell Wednesday on nagging concerns about whether rapid growth in the business can continue. XM also reported that another director quit, though on amicable terms.
Sirius, whose programming lineup includes the hugely popular shock jock Howard Stern, continued to narrow the gap with the larger XM, reporting a net gain of 441,101 subscribers to reach a total of 5.1 million. The company reaffirmed its target of reaching 6.3 million subscribers the end of the year.See the full content of this document
Extract
Sirius Lines Up More Subscribers in 3q
XM said it gained 285,000 n...
See the full content of this document
Sponsored links
