XM Radio Is Alive And Well: Sirius Projects 20 Million Subscribers

In 2008, many tech sites and bloggers pronounced that XM radio was dead.

Today, Sirius declared otherwise.

Mel Karmazin, CEO of SIRIUS XM Radio, announced that the company is projecting to break 20.1 million subscribers by the end of the year. It will be the first time an XM radio provider has achieved this mark and means that 2010 will net them approximately 1.3 million new subscriptions.

Despite the increased adoption of digital music downloads in the “iPod Age”, XM is still proving to be a valid option. Growth in the 2nd quarter of 2010 was triple what it was in 2009.

The question is: what is prompting people to hop on XM radio when digital downloads seemed to have won the game last year?

Written by JD Rucker

+JD Rucker is Editor at Soshable, a Social Media Marketing Blog. He is a Christian, a husband, a father, and founder of both Judeo Christian Church and Dealer Authority. He drinks a lot of coffee, usually in the form of a 5-shot espresso over ice. Find him on Twitter, Facebook, and Pinterest.
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