Digital Radio: Big Development for 2001
Radio will finally go digital in 2001. Among the oldest analog media, radio will be the last to make the transition, but it should make much faster headway in the market than digital television has. Satellite digital radio broadcasters <A HREF="http://www.xmradio.com/">XM Satellite Radio Holdings, Inc</A>. and <A HREF="http://www.siriusradio.com/">Sirius Satellite Radio, Inc</A>. are both on schedule to go live in the coming year, aided by partnerships with automakers to make digital receivers available as options in new cars. A strong automotive aftermarket for digital radio receivers is expected, with some industry insiders predicting that the first models will retail at approximately $100 apiece. Both XM and Sirius will offer multiple channels of music, news, comedy, sports, and talk show entertainment—all for about $10 per month per subscriber.