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Author Topic: Sirius XM confirms rate hike coming  (Read 1336 times)

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Offline bluedevil

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Sirius XM confirms rate hike coming
« on: January 22, 2009, 06:45:02 PM »
If you love your Sirius or XM satellite service, now is the time to re-up your subscription for another three years. The newly unified Sirius XM is charging $2 for additional subscriptions and adding another $2.99 fee for Internet radio. The Internet radio feature does add a 128k premium feed option, which is nice. Subscribers can avoid the price hike by locking in their service before March 11. The increases are seen as a way for Sirius XM to raise money to fund its massive piles of debt. The satellite radio conglomerate wins either way; if you rush to lock in rates, the company gets an immediate cash infusion. If you wait and subscribe for more money, your individual subscription will bring in more money than it did before. We're obviously not too thrilled about this news, especially since it comes on the heels of a competition-killing merger. But to be fair, the two companies kept prices steady for many years, and that's not sustainable forever.



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Offline Donnie1

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Re: Sirius XM confirms rate hike coming
« Reply #1 on: January 22, 2009, 07:55:50 PM »
I guess it's time to get of rid of XM.
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Offline TWIGGY

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Re: Sirius XM confirms rate hike coming
« Reply #2 on: January 23, 2009, 02:03:28 PM »
I already cancelled mine - didn't use it enough anyway!
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Twiggy

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Re: Sirius XM confirms rate hike coming
« Reply #3 on: January 23, 2009, 03:21:38 PM »
This will be the next company to file bankruptcy.
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Offline Donnie1

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Re: Sirius XM confirms rate hike coming
« Reply #4 on: January 23, 2009, 07:19:36 PM »
Quote from: TWIGGY on January 23, 2009, 02:03:28 PM
I already cancelled mine - didn't use it enough anyway!

Gina actually uses it quite a bit. I don't care for it that much myself, and of course it is her Av so I don't get much say in the matter.
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Offline bluedevil

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Re: Sirius XM confirms rate hike coming
« Reply #5 on: January 23, 2009, 07:25:07 PM »
When we got the Saturn VUE,my wife had it for 3 months free.  We talked about subscribing yearly but it didnt happened.

....when i got the AV,.....same thing. :blink1:
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Online Richie_Rich

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Re: Sirius XM confirms rate hike coming
« Reply #6 on: January 24, 2009, 01:09:44 AM »
We had Sirius until last month.
Main reason we canceled was they eliminated one of my wife's favorite stations and the another one changed format slightly.
After that we realized there was only 2 or 3 stations we ever listened to.

They called about 2 weeks ago to try and lure us back.
The offer was pretty much an insult.
Instead of $271 for two years they offered $12.95/month with the two months free.
That comes to about $285 for 2 years. :wtf:
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Offline dg3094

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Re: Sirius XM confirms rate hike coming
« Reply #7 on: February 07, 2009, 09:17:33 PM »
You can negotiate with XM to get it for $77 per year.
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Online oHIobellboy

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Re: Sirius XM confirms rate hike coming
« Reply #8 on: February 08, 2009, 06:20:34 AM »
Quote from: dg3094 on February 07, 2009, 09:17:33 PM
You can negotiate with XM to get it for $77 per year.
Do you have a link for that info?
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Offline dg3094

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Re: Sirius XM confirms rate hike coming
« Reply #9 on: February 08, 2009, 09:28:03 AM »
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