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SiriusXM Sees Success In The Embrace Of The Auto Industry (NASDAQ:SIRI)

SiriusXM has become a financial powerhouse at a time when other radio and digital music outlets are struggling to make a profit. Last year, the company reportedly earned $510 million on $4.6 billion in revenue. The company attributes most of its success to its presence in cars across the nation. According to the company, 75 percent of all new vehicles sold in the United States come with satellite radio installed. SiriusXM has nearly 30 million people paying for radio, a form of media that has always been free. With more than 175 channels, SiriusXM... 
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