February 28, 2005

XM Satellite Radio Raises Prices and Adds Features

XM Satellite Radio announced today it is raising prices 30% from $9.99/month to $12.95/month effective April 2, 2005. With the increase, subscribers will now get XM Radio Online and the High Voltage channel as part of their service. XM Radio Online lets you listen to XM channels through your internet connected computer and High Voltage channel has shows like Opie & Anthony.

XM is offering current subscribers an option to lock in the $9.99/month rate for 1-5 years before April 2nd. It looks like XM didn't like the fact that its competitor Sirius was getting 30% more money, so they decided to match their service and pricing. [Discuss]