DALLAS, Sept. 17, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Sirius XM Radio Inc. (Nasdaq:SIRI). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/lp/SIRI
Sirius XM Radio Inc. (SIRI) has two principal wholly owned subsidiaries, XM Satellite Radio Holdings Inc. and Satellite CD Radio Inc. The Company is engaged in broadcasting in the United States, its music, sports, news, talk, entertainment, traffic and weather channels for a subscription fee through its satellite radio systems, the SIRIUS system and the XM system. On July 28, 2008, its wholly owned subsidiary, Vernon Merger Corporation, merged (the Merger) with and into XM Satellite Radio Holdings Inc. and, as a result, XM Satellite Radio Holdings Inc. became its wholly owned subsidiary. The SIRIUS system consists of three in-orbit satellites, approximately 120 terrestrial repeaters that receive and retransmit signals, satellite uplink facilities and studios. The XM system consists of four in-orbit satellites, over 700 terrestrial repeaters that receive and retransmit signals, satellite uplink facilities and studios.
Message Board Search for SIRI: http://www.boardcentral.com/boards/SIRI
In the report, the analyst notes:
"SIRI ended second quarter 2010 with a record-high 19,527,448 subscribers, an increase of more than 1.1 million subscribers compared to the end of second quarter 2009. Net subscriber additions of 583,249 in the second quarter of 2010 improved significantly from a net loss of 185,999 subscribers in the second quarter of 2009.
"SIRI announced recently that NFL legend Joe Namath will host a weekly talk show on SIRIUS NFL Radio throughout the 2010 NFL season. The Broadway Blitz with Joe Namath will debut today, September 17 (2:00-3:00 pm ET) and air every Friday on SIRIUS NFL Radio, available nationwide on SIRIUS channel 124 and XM channel 124 for subscribers with the 'Best of SIRIUS' programming package."
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