Sirius XM agreed to freeze their basic subscription price after the closing of their merger, almost three years ago. The anniversary of that agreement is July 28, 2011. Now, Sirius XM wants to be free to raise its basic monthly subscription price from $12.95, according to Bloomberg. "Sirius, which reported 19.8 million customers at the end of the third quarter, told the Federal Communications Commission in a January 20 filing that the agency shouldn't extend a price freeze negotiated as part of the 2008 merger that formed the company." Sirius didn't say in the filing whether it wants to raise rates. They didn't have to. It's pretty much implied, isn't it???
Sirius said it faces a "robustly competitive market with consumers able to choose terrestrial radio and internet music services such as Pandora and Rhapsody, while carmakers including Toyota and Ford offer ways to access web-based entertainment in their cars." Sirius is being transparent in their request and is still a less expensive buy than any TV cable service offers. Unless the price increase is outrageously high, Sirius listeners aren't going anywhere. Sirius gained 3 cents to $1.58 at the close of day yesterday on the Nasdaq...
10 Timeline Memories:
1..1934] Showtime at the Apollo: The Apollo Theater re-opens in a new location - Harlem on 125th Street and 7th Avenue. It’s still there…
2.1960] The new commish: Pete Rozelle, 33-year old GM of the Los Angeles Rams succeeds Bert Bell as NFL Commissioner…
3.1979] “Happy Trails”: Former Vice President and New York Governor Nelson A. Rockefeller dies of a heart attack at 70. At first report he was alone in his office but it was later determined that he was at home in the presence of his 25-year old female aide who had a Daily News reporter friend call 911 an hour after he had died leading to speculation about the cause of the heart attack (you do the math)…1983] Legendary football coach Bear Bryant dies of a heart attack at 69 just 41 days after his retirement…
4.1979] Put your dukes up: “The Dukes of Hazzard” premieres and will run until the summer of ‘85 on CBS-TV…
5.1984] A hunk-a, hunk-a, burning love: Michael Jackson’s hair catches on fire while filming a Pepsi commercial…
6.1996] Whitewater rafting: First lady Hillary Rodham Clinton testifies before a grand jury connected to the Whitewater probe…
7.1998] Who’s that lady?: Bill Clinton makes his famous, “I did not have sexual relations with that woman, Miss Lewinsky” speech…
8.1999] Crash landings: The NTSB concludes that John Denver’s 1997 fatal light-plane crash was caused by too little fuel in the tank at takeoff…2003] Billy Joel is hospitalized after crashing his car into a tree in Sag Harbor. The NTSB concludes that a bottle of wine is the cause of the crash…
9.2009] Octomom: Nadya Suleman gives birth to octuplets. The 6 male and 2 female children were conceived via in-vitro fertilization. All survive...
10.2010] Top of the charts: James Cameron's "Avatar" becomes the highest-grossing film of all time, surpassing his 1997 classic, "Titanic." ...
Events:
Tonight is the joint AES/SMPTE/IEEE Meeting, presented by the Audio Engineering Society - New York Section. The meeting will begin at 5:30pm at the NBC studios at 30 Rockefeller Plaza. The theme of the meeting is "Turn Down The Volume". For addition information, click here...
Music Memories:
- 1961] Number One on this date: "Are You Lonesome Tonight?" - Elvis Presley...
- 1970] Written & recorded on this date: "Instant Karma" - John Lennon...
"Happy Birthday...happy birthday":
Emily Hughes (22), Joe Smith (39), Wayne Gretzky (50), Ellen DeGeneres (53), Eddie Van Halen (56), David Strathairn (62), Jean Knight (68), Bob Uecker (76), Huey "Piano" Smith (77) & Anne Jeffreys (88)...
Timeline Countdown: 11 days until Super Bowl XLV, 18 days until pitchers & catchers report, 19 days until Valentines Day & 26 days until Presidents' Day...
