Satellite Radio is one of the fastest growing entertainment industries. It was first developed in the late 1980s and early 1990s when XM and Sirius each paid $80 million for satellite radio licenses. While satellite radio offers benefits like no commercials and exclusive sports content, it also has drawbacks like significantly higher costs than traditional radio, with equipment, service, and maintenance potentially totaling over $1000 per year. In 2008, XM and Sirius merged to form a satellite radio monopoly while maintaining separate brands and programming.

1. Satellite RadioBy: Thomas PriceTED-111

2. INTRODUCTIONSatellite Radio is one of the newest and fastest growing entertainment industries!

3. The Birth of Satellite CommunicationSatellite Communication has been in use by different governments since the launch of Sputnik, a Russian Communication Satellite, the first man made satellite.

4. As an Entertainment?Satellite Communication was used for Military, Government and Communication for years before it was thought of as a solely entertainment platform.It was used in entertainment for the first time when it was used to broadcast coast to coast news and radio and become more important with the development of Satellite Television.

5. SATELLITE RADIO!The Satellite Radio as we know it today was developed in the late 1980’s and early 1990’s.The first 2 (and still) major companies were XM and Sirius that each paid some $80 Million for Satellite Radio Licenses.

6. Perks To Satellite RadioNo to Few CommercialsLimited Censorship on Material and LanguageVaried ProgramExclusive Sports ContentUp to the Minute NewsGenre Music SelectionsHoward Stern Left Traditional Radio for Satellite for some $500 Million!

7. The Down Side…The Cost of Satellite Radio of the bat is 100% more than traditional radio because its free!The cost of Receivers, Service, Content Service and Maintained can be over $1000 a year!

8. MERGER!!!As If There Isn’t a monopoly growing already, in Feb 2008, it was announced at Sirius and XM would merge and continue to operate 2 companies with similar programming.NEW LOGONEW BUSINESS MODEL

9. CONCLUSIONXM and Sirius are the only two powers in the world of Satellite Radio and eventually it will be a dedicated part of life.Satellite Radio has many more features than traditional radio but it comes with a price…