Broadcasting
Satellite Radio
2009 – Satellite Radio – Snapshot
The digital audio radio services sector, known as satellite radio, experienced a slight decline in 2009 due to the sluggish economy and a poor year for the auto industry. Satellite radio revenue decreased to an estimated $## billion in 2009 compared to $## billion in 2008. It is expected that growth in the satellite radio market will continue to be closely tied to the economic situation in the United States, particularly to the negative impact of declining sales in the…
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