I have been an XM Radio subscriber for nearly eight years now so listening to FM radio is like nails on a chalkboard for me. It's sad to see this news that Sirius XM is now on the verge of financial collapse due to the drop in new subscribers caused by the huge drop in new car sales. The worst part is that due to the credit crisis it is unlikely that they will be able to enter into any kind of financial restructuring and will end up having to be completely liquidated. This could be the end of Satellite radio...forever?
The sad thing is that I was planning on canceling my subscription anyway. I think the quality has gone way down hill since the merger of Sirius and XM. The playlists seem to be much more repetitive now and the "personalities" that they brought onto XM channels from Sirius are a bunch of fucktards.
I also think that Sirius XM seriously underestimated the impact that iPods and other in-car entertainment systems would have on their business. If your car has iPod connectivity then you can buy a 80GB iPod for around the same price as one years worth of XM service. That way you have complete control over the content you hear and you can take that music with you anywhere.
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