A $530 million investment deal with Liberty Media prevented Sirius Xm from filing for bankruptcy. Sirius is an excellent pay for satellite radio for your car, and at home, though the choices at home are vast once you have an internet connection to stream music and news from around the world.
Sirius XM has been heavily in debt since the beginning, while delivering excellent content, is trying to make the business model profitable.
Russound and many other Home theater manufacturers will continue to offer Sirius and XM tuners.
The Street
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