Sirius XM has announced that they will be adding a satellite radio application to the Apple App Store soon, allowing iPhone and iPod Touch users to receive satellite radio stations without the need for a standalone device.
Sirius XM currently has 19 million subscribers, but the company's stock has plunged over the past year as debt increased and plummeting auto sales led to smaller sales of satellite radio devices.
Besides adding the service to the iPhone/Touch, Sirius has also said they are looking into any opportunity to bundle a subscription with TV packages from DirecTV. The owner of DirecTV, Liberty Media Corp., recently helped the satellite radio company avoid bankruptcy and is now the controlling stake holder.
To use the iPhone/Touch application, users must have a $13 USD monthly subscription.
Besides adding the service to the iPhone/Touch, Sirius has also said they are looking into any opportunity to bundle a subscription with TV packages from DirecTV. The owner of DirecTV, Liberty Media Corp., recently helped the satellite radio company avoid bankruptcy and is now the controlling stake holder.
To use the iPhone/Touch application, users must have a $13 USD monthly subscription.
