Satellite radio service Sirius XM is stepping up the pace to compete with the rising popularity of Internet radio services like Last.fm and Pandora. Last.fm, with its recent move to a subscription-based business model in all but three countries, is now competing on equal terms with Sirius’ Internet service already in place.
The satellite radio company also announced the launch of an iPhone application planned for June, and has developed its Internet service by improving sound quality and charging subscribers $3 a month for Web access. When compared to Last.fm’s $4 fee in all countries but the US, UK and Germany, satellite radio might be making a comeback. But will it be successful long-term? Read more...
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