Sirius Xm and Its Monopoly - 650 Words

Sirius XM has established a deep economic mote in its industry. Sirius Satellite Radio and XM Satellite Radio were the two largest satellite radio providers in the U.S., but these competitors were both losing. In 2008, they merged to become Sirius XM and are now the only satellite radio provider in the U.S. Due to high startup costs for a satellite company, Sirius XM does not have any competition. In 2014 Sirius XM had 27 million subscribers or about 13.5 % of the total market with annual sales approaching 4 billion. Sirius XMs signal spreads throughout the entire country and it has brand recognition countrywide. Contrary to free charge, ad driven radio such as Pandora, Spotify, and iHeartRadio, Sirius XM is a subscription-based model,†¦show more content†¦Sirius XM Has a Monopoly on Satellite Radio, a Growing Subscriber Base, and Loads of Free Cash. Bamboo Innovator. 24 Nov. 2013. Web. 28 June 2015. . Peoples, Glenn. Business Matters: How Good Is SiriusXMs Business Model? Its Raising Its Price Again. Billboard. 24 Oct. 2013. Web. 26 June 2015. . Sirius XM Holdings The Subscription Media Business. Punch Card Investing. 10 Apr. 2015. Web. 26 June 2015.Show MoreRelatedThe Sirius Xm Merger And Antitrust Considerations3042 Words   |  13 Pages The SIRIUS-XM MERGER And Antitrust Considerations By Matthew Sachs SCH-MGMT 783 Nov 29, 2014 â€Æ' Executive Summary In last 10 years there has been a major emergence of a company called XM / Sirius Satellite radio. When fellow competitors XM Radio and Sirius Satellite Radio announced plans for a merger in 2007, most thought that an answer from the FCC would be coming the usual window of six months, allowing for a smooth transition of these two companies. Ignoring a self-imposed rule to handleRead MoreSirius Xm Holdings, An American Broadcasting Company1947 Words   |  8 PagesIntroduction : Sirius XM Holdings is an American broadcasting company that provides three satellite radio and online radio services operating in the United States: Sirius Satellite Radio, XM Satellite Radio, and Sirius XM Radio. The company also has a Canadian subsidiary called Sirius XM Canada, an affiliate company that provides Sirius and XM service in Canada. At the end of 2013, Sirius reorganized their corporate structure, which made Sirius XM Radio Inc. a direct, wholly owned subsidiary of Sirius XM HoldingsRead MoreXm Satellite Radio Case Essay1901 Words   |  8 PagesXM Satellite Radio 1. Value proposition of XM to different consumer segments and primary target segment. XM had developed the capability to provide 50+ high quality (near CD quality) digital radio channels to cars and homes via satellite throughout the country. Such a service was not available before and has the ability to deliver uninterrupted service without any retuning needed. The value proposition here is high quality and ubiquitous radio broadcast, in addition to the variety ofRead MoreXm Satellite Tv For Pc Radio1781 Words   |  8 PagesSirius XM satellite TV for PC Radio is an American broadcasting business enterprise that gives three satellites TV for PC radio and online communication services running inside the U.S.A. Sirius satellite TV for PC Radio, XM Satellite Radio, and Sirius XM Radio. The business enterprise additionally has an initial funding in Canada called SiriusXM Canada, an associate-employer that gives Sirius and XM provider in Canada. At the end of 2013, Sirius reorganized their company structure, which made SiriusRead MoreSirius Xm Case Study3198 Words   |à ‚  13 PagesSirius Xm (SIRI) Turnaround post 2007 merger Industry: * Prior to change: Sector: Consumer Services / Industry: Broadcasting - Radio * After change: Sector: Consumer Services / Industry: Broadcasting - Radio Challenge Years: Pre and Post 2007 (merger) †¢Introduction: * Sirius and XM, separate companies, began to compete in the satellite radio business in 2001 and 2002. Target market was car drivers and daily commuters who listened to their local radio stations that they preferred, butRead MoreSirius XM Strategic Analysis Capstone Project Proposal2427 Words   |  10 PagesOrganization. I plan to conduct a strategic analysis on Sirius XM, Inc. I do not have direct access to this company; however, I submitted a letter to the Executive Vice President and Chief Administrative Officer, Dara Altman, requesting access to requested information and data that may not otherwise be available. I will use information from the Sirius XM website, the U.S. Securities and Exchange (SEC) 10-K and associated reports for Sirius XM. I also plan to research as much relevant information asRead MoreMonopolies, Oligopolies and the Economy2018 Words   |  9 PagesMonopolies, Oligopolies and the Economy Monopoly is a term to describe an industry where a seller of a product or service does not have a competitor offering a close substitute. The word is derived from the Greek words monos (meaning one) and polein (meaning to sell). Rarely does a pure monopoly exist. In a pure monopoly there is only one company making and selling the item in question; however there can also be the situation where there is one company who has the bulk of sales and the otherRead MoreXm Radio Case Analysis Essay2722 Words   |  11 PagesCase Study 1) What is the value proposition of XM to different consumer segments? Who should be the primary target market for XM? XM satellite radio’s value proposition for their customers is XM’s ability to provide radio service throughout the entire country regardless of a consumers’ location. Furthermore, terrestrial radio offers limited selection and is becoming increasingly cluttered with commercials. Therefore, XM satellite radio provides a greater selection of radio for the various preferencesRead MoreEssay on Major Federal Anti-trusth Laws in the United States663 Words   |  3 Pagesthe FTC.gov website on The Antitrust Laws. The first of the three major Federal antitrust laws is the Sherman Act that was created in 1980. This act will not allow for competitors to set a fixed price on a good or allow for one company to become a monopoly. Breaking the Sherman Act can be punished normally as a criminal felony with individuals being fined up to $350,000, businesses being fined up to $10 million and corporations up to $100 million per offense. There is also jail time that can be servedRead MoreEssay on The History of Music Industry 1611 Words   |  7 Pagesradio (Sirius Satellite Radio as of 1999) and the American Mobile Radio Corporation (XM Satellite Radio as of 1998), began to appear in the early 1990’s. These satellite radio services were made available to consumers via subscription. In exchange, the customer was given access to many more radio stations than available locally. The two satellite radio stations, Sirius Satellite Radio and XM Satellite Radio merged in 2007 in the U.S. market as Siriu s XM Radio. Despite the fact that Sirius XM Radio