Sirius XM May Be Preparing for Bankruptcy

According to the NYT, Sirius XM owes $175 Million by the end of February and it may not be able to pay up. Bankruptcy may very well be in the cards for the Satellite Radio super-organism. The article cites a failure to “to win over many younger listeners” and the general economic downturn.

Sirius XM Prepares for Possible Bankruptcy [NYT]