SiriusXM Radio was the result of a controversial 2007 merger between Sirius Satellite Radio and XM Satellite Radio. XM Radio was first established in 1988 as the American Mobile Satellite Corporation. The company established a division in 1992 which eventually became XM Radio. Their satellite service initially launched in 2001. A year later, in 2002, Sirius Satellite Radio launched.
In 2009, DirecTV acquired 40% of SiriusXM. The company also raised their rates in 2009.
In 2011, the company dropped BBC Radio 1 with no advance notice.
SiriusXM currently serves more than 18.5 million subscribers in the US and Canada.