Interesting rambling about SiriusXM, Sirius Canada, and XM Canada

kryptonite · #1 03-06-2010, 10:10 PM

SiriusXM (US company) owns approximately 20% of Sirius Canada and approximately 23.3% of XM Canada.

Sirius and XM, as we all know, are one company in the US. However, they're two seperate companies in Canada...but if they're the same companies controlling both US and Canadian operations, aren't they "essentially" merged?

For example, let's say I live in Canada. I buy two Canadian XM radios. My buddies buy a few Canadian XM or Canadian Sirius radios. Wouldn't money from those sales (and subscriptions) eventually find it's way to the American companies?

...or is it two seperate businesses just in an agreement to use the names and content? XM's Canadian lineup seems to very similar to XM's US lineup.

I guess what i'm saying is this:
XM's Canadian lineup is similar XM's American lineup
Sirius' Canadian lineup is probably similar to their American lineup.

Same channel lineups, same companies, but not officially merged.

1) Do their subscribers count towards the 18-20 million that SiriusXM counts?
2) How do the seperate Canadian companies count towards the SIRI stock price?

With all that said, does it really matter if they merge? Yeah, there's no "best of" with Sirius Canada and XM Canada, but is it really that big of a deal?

Fill me in on the financial details of the two seperate (but similar lineup) companies and how they affect the American ops. Are they selling good, bad, or doing ok?

IdRatherBeSkiing · #2 03-07-2010, 04:14 PM

Obviously both XM Canada and Sirius Canada get their feeds from the Sirus XM sats. The XM Canada from the XM sats, the Sirius Canada from the Sirius sats. They get about 75% of the content you would get from the XM or Sirius receiver in the states. There is no best of. If you have XM, you cannot get NFL or Stern. If you have Sirius you cannot get MLB ... well, thats the same in the states too. But you can't get Oprah, O&A, or NHL (the big advantage for XM up here) if you have a Sirius Canada radio.

They are 2 separate company with Sirius XM owning a minority position in each. Logistically, if you are looking for music, there is 0 difference between the 2 services now.

siriusfan · #3 03-09-2010, 08:33 PM

Quote:

Originally Posted by IdRatherBeSkiing

...if you are looking for music, there is 0 difference between the 2 services now.

Sirius Canada is missing a few XM music channels: The Village, 20 on 20, pop2k, Cinemagic

IdRatherBeSkiing · #4 03-09-2010, 10:13 PM

Quote:

Originally Posted by siriusfan

Sirius Canada is missing a few XM music channels: The Village, 20 on 20, pop2k, Cinemagic

As is Sirius USA.

kryptonite · #5 03-10-2010, 12:46 PM

Yes and no. If you have a Stiletto, you can get those channels for no additional fee... if not, you're looking at $2.99 extra to get those channels.

I think it's an issue of not having enough space, right?

IdRatherBeSkiing · #6 03-10-2010, 12:50 PM

Quote:

Originally Posted by kryptonite

Yes and no. If you have a Stiletto, you can get those channels for no additional fee... if not, you're looking at $2.99 extra to get those channels.

I think it's an issue of not having enough space, right?

Yes. My point it has nothing to do with Sirius Canada, but Sirius hardware (Canadian and American).