Sirius and XM Satellite Radio as a Monopoly

In the word monopoly, most people immediately come up with a board game made by Parker Brothers. Clearly, the relationship between the board game and the term definition is literally. The term monopoly is defined as "exclusive administration of goods or services in a particular market, or management of price manipulation" (Dictionary.com, 2008).

Martine Rothblatt (formerly Martin) is a good example. He / she integrated satellite technology and wireless service (then completely independent technology and industry) into the Sirius Satellite Radio. It became Sirius XM Holdings with market capitalization of $ 24 billion. Although there is no history of drug discovery, in order to save her daughter's life, she established United Theraputics to complete drug discovery that can save her. The market capitalization of UT currently exceeds 600 million dollars. Martine is also one of the top 25 CEOs in the world. More importantly, her daughter 's life was saved by reaching, connecting, creating and building her field, just like many others - this is because the original drug development company It was not done.

A new type of radio that is becoming increasingly popular is satellite broadcasting. The two largest subscription-based wireless services are Sirius Satellite Radio and XM Satellite Radio, which were recently integrated into Sirius XM Radio. Unlike terrestrial radio music channels, commercials are free and few commercials on other channels. Satellite broadcasting is not regulated by the FCC. Internet broadcasting and digital streaming service appeared during the advent of the Internet in the 21st century. Popular brands include Pandora and iHeartRadio. Nevertheless, the recording industry considers Internet radio as a threat and is trying to impose a high patent rate on the use of recorded music to prevent independent radio stations from playing popular songs.

Satellite and wireless technologies are gaining great advantage in the fierce competition and tide of the multichannel video market in the United States. Both XM Satellite Radio and Sirius Satellite Radio are exhibiting the latest products in cars, stars, and music-filled stands. Industry leader XM announced that the total number of users reached 36 million at the end of 2003, compared with the cumulative total of about 350,000 customers at the end of 2002. For rival Sirius, the number at the end of 2003 was 261,000. This is because the growth of users in the fourth quarter exceeded the growth of DirecTV, the leader of satellite television service. XM added 430 thousand in the fourth quarter and DirecTV added 45 thousand new users (see figure). XM announced that it will be the first time in the satellite radio industry to display radio services on JetBlue Airways and AirTran Airways flights.