CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts
Satellite Radio
By Michael V. Copeland

(Business 2.0) – If there were doubts about satellite radio's mass appeal, this year they disappeared. In January a mere 1.6 million people pulled down music and other entertainment from the sky. But by year's end, total subscribers to services offered by XM Satellite Radio and Sirius Satellite Radio will top 4 million. At an average of $10 per month per subscriber—plus new subscribers paying about $150 for electronic gear—satellite radio is now a market worth $840 million annually. Automakers like GM and Honda have heavily promoted satellite radio, and big demand for reception gear is expected this holiday season. The medium's most significant affirmation, however, came from Howard Stern, one of broadcast radio's biggest moneymakers. Facing the wrath of the Federal Communications Commission and censorious Clear Channel Communications for the content of his nationally syndicated show, Stern threatened to defect: not to Canada, but to satellite radio. — MICHAEL V. COPELAND