Now that Sirius and XM are close to consummating the merger that gained FCC approval Friday, this may be the last subscriber chart that separates out the subscribers of Sirius and XM.
In Q2 2008, XM tallied more NET subscribers than Sirius for the first time in several quarters. XM’s performance in the quarter came on the heels of increased subscriber penetration from OEM deals. While the self paying churn for both companies is about the same, XM has performed better at converting OEM trial subscribers to self paying subscribers. XM converts 53% while Sirius is five points lower at 48%.