XM Satellite and Sirius Completes Merger

XM Satellite and Sirius Satellite Radio have completed their merger. The merged company will change its name to Sirius XM Radio Inc. Their stock will continue to be traded on the Nasdaq under the symbol SIRI. The company now has more than 18.5 million subscribers and expects to save about $400 million in costs in 2009.

Jay-Z Takes Over Sirius Radio’s Hip-Hop Channel

The rapper Jay-Z is taking over Sirius Satellite Radio’s hip-hop channel for a week. He will be the host of Jay-Z Nation starting Monday. Jay-Z Nation will have music from his albums and songs from his favorite hip-hop artists.

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