Sirius XM Radio
Headquarters:
1221 Avenue of the Americas
New York, NY 10020
Phone: (212) 584-5100
Employees: 1,000
CEO: Mel Karmazin
Stock Symbol: SIRI
Website:
http://www.sirius.com
Career
Site
SIRIUS XM Radio is the nation's leading
satellite radio service with over 18.5 million paid subscribers,
making it the second-largest radio company, based upon revenue,
in the country; and, based upon subscribers, the second largest
subscription media business in the U.S.
Sirius completed a merger with XM Radio
in July that took over one year to be approved by the FCC after
it was first announced in February 2007. The corporate headquarters
of the new company will be located in New York, NY and XM Satellite
Radio, the company's wholly-owned subsidiary, will remain headquartered
in Washington, DC.
SIRIUS XM Radio has spent heavily on exclusive
content relationships with an array of personalities and artists,
including Howard Stern, Oprah, Martha Stewart, Jimmy Buffett,
Elvis, Jamie Foxx, Barbara Walters, Frank Sinatra, Opie &
Anthony, The Grateful Dead, Willie Nelson, Bob Dylan, Dale Earnhardt
Jr., Tom Petty, and Bob Edwards. SIRIUS XM Radio is the leader
in sports programming as the Official Satellite Radio Partner
of the NFL, Major League Baseball, NASCAR, NHL, and PGA, and
broadcasts major college sports.
Subscription packages start at $12.95 per
month and also require the purchase of a radio receiver. Customers
can also subscribe and hear programming over the Internet.
As a result of the merger, SIRIUS XM Radio
will also be able to offer consumers new packages in audio entertainment,
including the first-ever a la carte programming option in subscription
media. In addition to two a la carte options, the new packages
will include: "Best of Both," giving subscribers the
option to access certain programming from the other network;
discounted Family Friendly packages; and tailored packages including
"Mostly Music" and "News, Talk and Sports."
The first of the new packages will be available in the early
Fall.
Neither Sirius or XM Radio has turned a
profit to date.
History
Sirius first launched on July 1, 2002 and
originally known as CD Satellite Radio. XM Radio was founded
in 1988 as American Mobile Radio Corporation. Satellite service
was officially launched on September 25, 2001.
Sirius made big waves with the hiring of
controversial radio host Howard Stern, who left his free radio
show to broadcast exclusively on Sirius on January 9, 2006. Stern
received a huge deal to join Sirius including 34 million shares
of company stock and total compensation of at least $500 million
over five years. Stern is credited with bringing a huge audience
to satellite radio.
Benefits
Employees receive numerous benefits and
most of them start on the first day of employment.
Health & Wellness
- Medical
- Dental
- Vision
- Flexible Spending Account for Healthcare
- Domestic Partner Benefits
- Transit Check Program
Insurance
- Life Insurance (Short-term and Long-term)
Investing
- 401(k) and Profit Sharing plans
- Stock Options
Updated July 29, 2008
|
