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empty%20pockets.JPGSirius XM, the troubled satellite radio provider that was the result of a merger to cut costs, may be forced to take the next step and file for Chapter 11. The New York Times reported late Tuesday that the satellite radio firm is working with Joseph A. Bondi of Alvarez & Marsal and the bankruptcy lawyer Mark Thompson of Simpson, Thatcher & Bartlett to help prepare a Chapter 11 filing.

With more than $5 billion in assets, Sirius would be second-largest company to file for Chapter 11 bankruptcy protection so far this year, according to the research firm Capital IQ's database, the Times reported. Satellite television mogul Charles Ergen has also been said to be considering a bid for the company.

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Posted by: Stan Hardcastle
February 10, 2009 7:16 PM

I'm sorry for their financial troubles, but Sirius' programming was much better before the merger!!!


Posted by: John Wingerter
February 10, 2009 7:37 PM

I really enjoy satellite radio. I too liked Sirius better before the merger.


Posted by: Jerrell Harris
February 10, 2009 7:38 PM

I hope we are not going to loose our radio. I just became a life time subscriber.


Posted by: Daniel McDonald
February 10, 2009 8:03 PM

I like the Sirius programming the way it is now...
A lot more selections then it was before.


Posted by: Bob
February 10, 2009 8:09 PM

The biggest prolem is when you are a customer and ask about adding a radio to your account they want more money, we do not live in our auto or stay at home so we can use our satellite radio we go places, when want to find out what is on the radio it is called fish and hope you can find what you are looking for, those are just some of the problem the way I see them.


Posted by: Justin
February 10, 2009 10:55 PM

I like Sirius as well. But let's be honest, their hosts are way over paid, Howard Stern got 500 million from the company for a five year contract. Now I like Howard, but come on let's keep it real. Greed is running this country into the ground.


Posted by: Craig
February 10, 2009 11:05 PM

Get rid of Howard and go back to the programming before the merger.Go Mojo Nixon!


Posted by: Brad Lempera
February 10, 2009 11:19 PM

You get rid of Howard, and the company would be bankrupt the next day, after all the listeners he brought to satellite canceled!!


Posted by: long time customer no more
February 10, 2009 11:23 PM

Have had both, I liked Sirius programming best. I will not resubscribe as quality has gone down since the merger. Pay more for some XM stations (or vice versa if you are an XM subscriber) are you kidding? This should have been a huge money maker. Like all other big biz these days they only have themselves to blame for any failure. Too bad used to be a great idea.


Posted by: Jackie
February 10, 2009 11:41 PM

I really like XM, but it is really confusing sometimes with the merger. Unmerge that would be the best way to go.


Posted by: Joe
February 11, 2009 12:17 AM

I subscribed to XM before the merger. I find little difference in the programming now, but it has been very confusing with all the channel changing without notice. The price should cover a family's radios, perhaps up to five. The price is too high for something just to listen to in your car or one room in your house. By the way, they would have to pay me to get me to listen to Howard.


Posted by: CLIFF S.
February 11, 2009 12:22 AM

I HAVE BEEN WITH SIRIUS FOR 5 YR'S AND ,I DON'T LIKE THE FM STATIONS I CAN'T & MY SON(HE'S 8 )LIVE WITHOUT IT PLEASE KEEP IT ON THE AIR PLEASE,I HATE FM AND AM


Posted by: Rick
February 11, 2009 12:26 AM

Never understood why they bother with DJs - I subscribe for the commercial-free music. Dump the DJs completely and save some $$$. As for the merger -it was a bad idea to begin with and didn't solve anything. I sure will hate going back to terrestial radio, though.


Posted by: Gina
February 11, 2009 12:59 AM

Love my Sirius! If this happens, I will be greatly saddened (as most will)to even attempt OUTDATED AM/FM RADIO! Why bother? ...a slow suicide....


Posted by: Dwayne
February 11, 2009 1:22 AM

Howard Stern was only worthwhile when he was pulling his antics on public radio and defying the FCC. Once he went satellite he lost all appeal. I thought it was a waste of money then. But then, Sirius had a habit of paying way too much for franchises, sports and personality wise. Sirius had the better programming, but XM has the better equipment, I get better coverage with my XM receiver than I did with my Sirius. I also miss the pre merger programming on Sirius, Octane just isn't the same. Dump the celebs, stick with the merger and bring this company back to profitability so we don't have to go back to public radio... oh bleh, I just threw up a little in my mouth.


Posted by: Henry
February 11, 2009 3:10 AM

I loved XM before the marriage. I just got an offer to lockin my price before it goes up but what if there isn't any XM or Sirius ???


Posted by: Robert Milton
February 11, 2009 8:00 AM

I am in connection with a lot of the southern bluse
listeners, and we all agree that Sirius Bluse station
was far better before the merger. They now play many
songs from the 1800, and other songs that are not bluse. Get rid of Howard and cut some of those DJs
we are paying to hear music and not DJs If we wanted
to hear a lot of talk from DJs we could tune to regular radio for free.


Posted by: Milton
February 11, 2009 8:57 AM

A big part of the problem is that they have lost or are not getting thousands of subscriptions due to the poor auto industry. The sales or radios in cars made them a boatload and that just isn't their anymore. I'm sure that plenty of folks are cancelling or going just month to month due to the economics also. I am in a quandry now in my renewal to lock in prices since they say for both sirius or xm the free internet play won't be free if you don't do a multi year plan. What to do, what to do!


Posted by: Matt
February 11, 2009 10:33 AM

Loved Sirius before the merger. I am a district manager who drives about 2200 miles a month. I could previously listen to 1 or 2 stations per 400 mile trip and now find myself channel surfing trying to find something to listen to with little success. My subscription runs out in March and I will NOT renew!


Posted by: Louis Ricci
February 11, 2009 10:57 AM

I love my XM Radio I do lots of traveling by auto and think the fee is resonable, I signed up with XM because I didn't care for Howard Stern show.


Posted by: Frank Lewis
February 11, 2009 12:27 PM

I think XM radio was great before the merger. I love baseball and enjoy listening to the games as my local station drop the Braves. Talk is ok on Open Road, and I like the Weather Channel coverage. But when I want to listen to music thats what I want to hear. A better package would be good for more than 2 systems auto/home use. Too pricee now.


Posted by: David
February 11, 2009 12:39 PM

Get rid Howard Sterm Show I have not like his show
on tv or radio,get rid 500 million to


Posted by: jeff
February 11, 2009 2:59 PM

I had XM for a while, and thought it was okay at best. Can't remember ever hearing more than two or three good song's in a row. It didn't matter if I was listening to rock or country. Rap suck's so I never checked those channel's. I'm lucky I guess, we have several radio station's around OKC and Tulsa that I would much rather listen too. Doubt I would ever subscribe again. It just isn't worth it.


Posted by: Miller Reina
February 12, 2009 12:37 AM

Hi everybody I'am a team manager from the Sirius customer care department and I think that our customers are a bunch of assholes.


Posted by: stethescoper
February 12, 2009 9:02 AM

Without a doubt, the subscribers to both XM and Sirius were kept in the dark about the channel mergers and the decisions to add disc jockey's back in November.
To be honest, whoever made these decisions is out of step with the public and consumerism.
It constantly amazes me when I see this happen. Multi BILLION dollar companies run by idiots who couldn't find their butt's in the dark with a flashlight.


Posted by: dragon_slayer
February 15, 2009 7:57 AM

LOL get rid of all the stars there way over paid and get rid of the dj's i dont pay a fee for nothing and buy computers to play music and ive noticed that both companies cant find there asses from there cunts without a map and a flashlight and a god dam gps unit and reina miller if you think your customers are the assholes then why are you the dumb fuck thats loosing there job lol fave fun feeding the family and sirius knows about your comment cause both xm and sirius reps and find there cunts from there asses without a map a flashlight and a damm gps unit


Posted by: Jack Smith
March 22, 2009 9:30 PM

I did like xm before the merger. took off america and usa. Roadhouse replaced
america. I am planning to cancel. I think they should have ask questions before
cutting off channels. now that it is only radio satellite station they can do what that want and could care less about the customer.


Posted by: Paul in FL
October 2, 2009 7:03 PM

I agree that Howard Stern is a bit pricey going forward. A $100 million a year for five years would be too much for this company to absorb. There just isn't that kind of money to go around at this time. If Stern decides to blow town, well so be it. No one man on this earth is indespensible. Life (and Sirius-XM) will go on. There's still 148 channels left in the lineup.


Posted by: Linda Scroggs
October 3, 2009 8:53 PM

I subscribed (lifetime) to Sirius before the merger, I really hope they don't go bankrupt, what will happen to my subscription that I paid for, I lose it, do I get my money back?


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