toggle

AAPL Stock: 113.29 ( + 0.37 )

Printed from http://www.macnn.com

Sirius XM to charge for online radio, more?

updated 10:35 am EST, Tue January 20, 2009

Sirius XM Price Hike Rumor

Multiple sources for Orbitcast and others claim today that Sirius XM is planning to charge for its Internet radio service on top of general hikes for its regular satellite network. Normally free for subscribers to the regular service, the online component is said by an alleged employee to be picking up a $3 monthly fee for individuals and $9 for families.

The changes would be part of a greater price increase that would target some of the most common plans, including a boost for the Mostly Music pack to $13 per month and a multi-radio rate hike to a monthly $9.

If accurate, the increases would be made public on January 26th and would give existing subscribers up to March 11th to voluntarily lock in their rates and avoid the effect of the higher prices, which will mostly target new customers.

Sirius XM hasn't confirmed any of the increases but may potentially break the terms of the Sirius/XM merger set by the FCC, which asked for a price freeze during the first three years of the combined company. Sirius XM has been struggling financially, however, and is believed to be lifting prices to improve its health.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

MSI Geforce GTX 970 100ME

When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

Wren V5US Wireless Sound System

If you're a music fanatic, chances are you are, by extension, a bit fanatical about what you listen to your music on. If you're like ...

toggle

Most Commented