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XM Satellite Radio Passes 3.1 Million Subscribers

(CelebrityAccess MediaWire) —
XM Satellite Radio recently surpassed 3.1 million subscribers, the company's year-end goal for 2004. "We are very pleased to announce that XM recently exceeded the 3.1- million-subscriber mark, which was our goal for the end of year," said Hugh Panero, president and CEO of XM Satellite Radio. "Holiday shoppers bought XM radios in record numbers, reinforcing XM's significant market leadership position in satellite radio." –Jane Cohen and Bob Grossweiner