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Sirius XM May Be Preparing for Bankruptcy

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siriusXM

Sirius XM May Be Preparing for Bankruptcy

2.11.09 6:00 PM EDT By AlexJarvis

siriusXM bankruptcy nyt sirius radio satellite xm

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]

2.11.09By AlexJarvis

siriusXM bankruptcy nyt sirius radio satellite xm

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