What do you make of XM Satellite Radio's
For those who may have wondered if the company could continue to gain new listeners after last month's 30% price hike to $12.95 a month, XM has signed up just over 200,000 new listeners since the end of March.
The battle with Sirius
With XM and Sirius each offering more than 60 commercial-free digital channels and the country's growing fascination with digital music sparked by Apple Computer's
But if you think that would also be music to the ears of the major record labels, think again. When Warner Music Group
So what's the problem? If we are starting to rekindle our crush on music, shouldn't Warner be flying as high as one of XM's satellites? Not really. The major labels rely on hit CDs that sell millions, not the niche artists who carve out a cozy living by touring and selling a small number of discs. That's the way music seems to be heading in the digital age. If you're XM, Sirius, Apple, or any of the unlimited music subscription service providers like Napster
Tune into some of these other related stories:
- David Gardner recently interviewed XM CEO Hugh Panero.
- Maybe traditional radio won't die without a fight.
- Talk shop with sharp Fools who know the sector well in the XM discussion board.
Longtime Fool contributor Rick Munarriz thinks it's cool that Sirius broadcasts The Motley Fool Radio Show four times over the weekend. He does not own shares in any of the companies mentioned in this story. He is a satellite radio subscriber.The Fool has a disclosure policy. He is also part of theRule Breakersnewsletter research team, seeking out tomorrow's ultimate growth stocks a day early.