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Sirius XM Radio

Headquarters: 1221 Avenue of the Americas
New York, NY 10020
Phone: (212) 584-5100
Employees: 1,479
CEO: Mel Karmazin
Stock Symbol: SIRI

Website: http://www.siriusxm.com

Career Site

SIRIUS XM Radio is the nation's leading satellite radio service with over 21 million paid subscribers offering more than 135 channels of commercial-free music, sports, live news, talk shows, comedy, entertainment, traffic and weather.

SIRIUS XM Radio has spent heavily on exclusive content relationships with an array of personalities and artists, including Howard Stern, Martha Stewart, Oprah Winfrey, Dr. Laura, Jamie Foxx, Opie & Anthony, Bob Edwards, Chris "Mad Dog" Russo, Jimmy Buffett, Elvis, Eminem, The Grateful Dead, B.B. King, Pearl Jam, Willie Nelson, Frank Sinatra, and Tom Petty.

SiriusXM is the leader in sports programming as the Official Satellite Radio Partner of the NFL, Major League Baseball, NASCAR, NBA, NHL, and PGA TOUR and offers major college sports.

SiriusXM broadcasts to subscribers everywhere they want to listen on more than 800 devices for cars, boats, the home or office, and through a wide range of mobile devices.

Subscription packages start at $12.95 per month. SiriusXM programming is also available on the Internet at siriusxm.com/whatson, and also on the Apple iPad, iPhone and iPod touch, BlackBerry and Android-powered smartphones using the SiriusXM Internet Radio App.

The company reported record revenue for 2010 of $2.82 billion, up 14%. Net subscriber additions in 2010 were 1,418,206, compared to a net subscriber loss in 2009 of 231,098.Neither Sirius or XM Radio has turned a profit to date. The company turned its first annual profit in 2010 with $43.0 million in net income.

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 Sirius satellite radio.

Sirius completed a merger with XM Radio in 2008.

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 December 16, 2011

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