Satellite Radio Takes Hold

After a somewhat rocky start, satellite radio has taken off in the US. “Over the holidays, an unprecedented number of subscribers signed with XM and Sirius, the Coke and Pepsi of orbital radio, for programming that plays through special car or indoor receivers and can be heard coast-to-coast. The services have entered into partnerships with NASCAR, NPR, Fox, Playboy and others to create content that has regular broadcasters feeling earthbound. It is a moment like the arrival of cable television, a novelty 30 years ago, and now a drain on traditional broadcasters’ audience and ad revenue.”