According to Bloomberg News, the company has $175 million in bonds, held by EchoStar's Charles Ergen, due on Tuesday. Sirius has also reportedly been in negotiations with Liberty Media about a potential deal.
Were either EchoStar (which owns Dish Network) or Liberty (owner of DirecTV) to partner with or purchase Sirius XM, it would be in position to integrate television and radio content, an analyst told Bloomberg.
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i HAVE RENUED MY SUBSCRIPTION FOR XM FOR 4 YEARS 2 RADIOS, HAVE 3 YEARS LEFT ON THE CONTRACT. WHAT WILL HAPPEN WITH MY CONTRACT IF THEY ARE TAKEN OVER?
CONCERNED LISTNER
The FCC might have a word or two to say about a satellite TV concern 'integrating' satrad. The FCC has been less than kind to anything regarding Sirius radio, as witnessed in the ridiculous 18 month approval process.