![]() ![]() Former NASA engineer Briskman, who designed the company's satellite technology, was then appointed chairman and CEO. The company was the first to petition the FCC to assign unused frequencies for satellite radio broadcast, which "provoked a furor among owners of both large and small radio stations." In April 1992, Rothblatt resigned as chairman and CEO to start a medical research foundation. In 1990, Rothblatt founded Satellite CD Radio in Washington, D.C. Sirius Satellite Radio was founded by Martine Rothblatt, David Margolese, and Robert Briskman. Pre-merger Early days of Sirius Main article: Sirius Satellite Radio Sirius XM Radio is a primary entry point for the Emergency Alert System. In September 2018, the company agreed to purchase the competing streaming music service Pandora, and this transaction was successfully completed on February 1, 2019. Sirius and XM argued that a merger was the only way that satellite radio could survive. The proposed merger was opposed by those who felt it would create a monopoly. Through Q2 2017, Sirius XM had more than 32 million subscribers. The deal was valued at $3.3 billion, not including debt. The merger brought the combined companies a total of more than 18.5 million subscribers based on current subscriber numbers on the date of merging. on July 29, 2008, 17 months after the companies first proposed the merger. Federal Communications Commission (FCC) approved the merger of XM Satellite Radio Holding, Inc. ![]() a direct, wholly owned subsidiary of Sirius XM Holdings, Inc. At the end of 2013, Sirius XM reorganized their corporate structure, which made Sirius XM Radio Inc. The company also has a minor interest in Sirius XM Canada, an affiliate company that provides Sirius and XM service in Canada. The companies Sirius Satellite Radio and XM Satellite Radio are now merged into SiriusXM Radio. SiriusXM is an American broadcasting company headquartered in Midtown Manhattan, New York City that provides satellite radio and online radio services operating in the United States. ![]()
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