XM Satellite Quarterly Loss Narrows As Costs Fall

XM Satellite Quarterly Loss Narrows As Costs Fall

XM seems to be on track to profitability. Current competitor, and future partner/owner, Sirius will be better off as a result of XM's ability to reduce costs. In my opinion, the government should allow a merger between the companies. I agree with their stance that they are competing in a broader market than just satellite radio. They have been bleeding cash for years battling each other, let alone all of the other forms of digital content providers in the current market.