Sirius to raise subscription rates?

Tuesday, February 7, 2006 at 4:26 PM
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According to The Street, there's a bit of speculation flying around that Sirius may announce a price hike at the conference call next Friday.

"Sirius has spent a fortune acquiring talent like Stern, and some investors are starting to want to see some payback on their investment. One analyst says it wouldn't be surprising to see Sirius raise its monthly rate $1 to $14. Consumers might not flinch if they think Sirius has better programming, and Wall Street can appreciate the move's boost to the top line."

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