Rumor: Price increases to come for SiriusXM

Word has come out over recent days that Sirius XM Radio Inc. is planning a price increase for multiple satellite radio subscription packages, according to a report on Digital Radio Central.

Additionally, Orbitcast's own sources have received word confirming these reports and adding further details about the rumored subscription price increases.

On Digital Radio Central, a contributor with the user name "ken.muise" originally leaked the rumored price increase. He stated that he works for Sirius Radio in the Activations Dept, and that he had "some bad news for our customers."According to this person, the multiple receiver radio is going to increase in price from $6.99/month to $8.99/month, starting in March.

Additionally, he reported that online listening will no longer be free (except for Lifetime Subscribers). The online packages will cost $2.99/month for most packages ("Mostly Music" or "Family Pack" subscribers will have to pay $8.99/month, according to this person).

Orbitcast's own sources have confirmed some of this information, and added new information on the subscription price increases.

This person did confirm that Online Listening will cost $2.99 additional, and that multiple radios will increase to $8.99 a month. Adding further weight to the report on DRC.Current subscribers will be given a chance to lock-in their rates, according to these people. You can choose to lock in the Online Listening or $6.99 multiple radio price. Notifications to subscribers are said to start going out on January 26th, and subscribers are rumored to have a chance to lock in their rates by March 11th.

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