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FM came out in 1946, with better quality of sounds and trendy programming. The newcomer, satellite radio, allows listeners to follow a single channel of music no matter where they are because the signal is sent from transmitters orbiting thousands of miles above the
18.104.22.168 Market Environment
Satellite radio can be widely used in media and entertainment market, for example, into
auto mobiles, through a home stereo, portable boom box and online through a
computer. In seeking market acceptance, XM will encounter competition for
distribution, listeners and revenues from many source, including Sirius satellite
radio, traditional radio (AM/FM radio), internet radio, direct broadcast and cable
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