XM Radio to Launch Internet Radio Station
"Satellite radio operator XM Radio on Wednesday announced plans to launch an online music service.
"The Washington, D.C.-based company said the service, dubbed XM Radio Online will launch sometime in early October and operate commercial-free, just as its satellite programming does. XM will charge $7.99 per month for unlimited listening and offer a discount rate of $3.99 to subscribers of its existing radio services.
"The company’s main business is a commercial-free radio service that’s used with its portable satellite radio receivers, which are designed for use in homes and cars."
Matt Hines. XM Radio Tunes In Online Music Service. News.com. Sept. 15, 2004.
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