XM Radio receives $250 million investment; CD Radio cuts deal with NPR
A team of investors, hoping to gain a share of the market for satellite digital radio services focused on automobiles, has pumped $250 million into XM Radio of Washington, D.C. As part of the deal, WorldSpace Inc., which had owned part of XM, sold its shares back to American Mobile Satellite Corp...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
