Sirius XM To Raise Some Prices
Confirming rumors that had spread in recent weeks, Sirius XM will indeed raise prices on some services, Reuters reported Wednesday. The company, starting in March, will raise prices for those with multiple accounts, and will also begin charging $3 for its online feed.
Standard rates will remain unchanged, in compliance with promises the company made to the FCC when the Sirius/XM merger was approved last year.
The company is reportedly carrying over $1 billion in debt.