Former rivals XM Satellite Radio Inc. and Sirius Satellite Radio Inc. today announced details of the newly combined company, Sirius XM Radio.
The new firm boasts more than 18.5 million subscribers and 300 channels of programming. Other notable tidbits: Former Sirius Chief Executive Mel Karmazin is in charge, the stock will trade on the Nasdaq under SIRI, and the headquarters will be in New York. XM will continue to operate out of its D.C. office as a subsidiary.
in addition to a la carte packages, Sirius XM Radio will sell the “best of both” and family-friendly packages, as well as “mostly music” and “news, talk and sports.”