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Home > Company Index > Media > Radio Broadcasting & Programming > XM Satellite Radio Holdings Inc.
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XM Satellite Radio Holdings Inc. |
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NEWS FROM THE WIRES |
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Sirius Q2 net loss widens, service to start in Q4 Aug 13 2001 02:57 PM PDT
XM Satellite launches $100 mln ad campaign Aug 10 2001 12:24 PM PDT
U.S. stocks stumble further on earnings jitters Jul 24 2001 08:36 AM PDT
XM Satellite sets Sept, 12 service in 2 states Jul 24 2001 08:32 AM PDT
XM Satellite, GM sign billing agreement Jul 18 2001 11:14 AM PDT
> More WIRE STORIES about this company
PROFILE |
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XM Satellite Radio Holdings has an out-of-this-world strategy for radio broadcasting. The company plans to offer digital-quality programming transmitted via S-Band satellite channels to home and car stereos across the US. It plans to offer 100 channels, including music genres such as classic rock and Tejano, as well as news, sports, and public affairs shows. XM Satellite has partnered with consumer electronics firms Alpine, Pioneer, and others to make receivers for its subscription-based service. It has an agreement with investor General Motors (22%) to install equipment in GM cars, as well as with Radio Shack, Circuit City, and other retail outlets to sell its products. Motient Corporation owns 25% of the company; Clear Channel, 19%.
COMPETITION |
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Clear Channel Communications, Inc. (CCU)
Infinity Broadcasting Corporation (dossier)
Sirius Satellite Radio Inc. (SIRI)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 0.10
1-Yr. Sales Growth: (50.0)%
Employees: 250
Revenue per employee: $400.00
KEY PEOPLE |
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Hugh Panero
CEO
Heinz Stubblefield
CFO
CONTACT INFO |
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1500 Eckington Place NE
Washington, DC 20002
US
Phone: 202-380-4000
Fax: 202-380-4500
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
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