Sirius XM Radio Inc has been working with its advisers to prepare for a possible bankruptcy filing, the New York Times reported on its website on Tuesday, citing people close to the company.
It was talked about on this board that it may not survive this year and it just came about.
I would not be surprised if they lost a huge portion of their revenue due to this economic storm and people canceling service even if they have to pay a cancellation fee.
This economy is really fucking everyone left and right.
