By Spencer Osborne:
While Sirius XM (NASDAQ:SIRI) is most widely known for its satellite radio service, a major part of its success going forward will be tied to the Internet radio side of the business, aptly called Sirius XM Internet Radio.
Many think that the Sirius XM Internet Radio feed is merely a duplication of the satellite service, but nothing could be further from the truth. The company has a couple of dozen channels on the Internet platform that are not available on the satellite side, as well as several channels available on satellite that cannot be streamed. In addition there is another couple of dozen channels associated with Satellite Radio 2.0 that are available only on select (new) satellite radio receivers as well as the Internet service.
All of this seems great, but the competition in the audio entertainment landscape is heating up quickly. It is time for Sirius XM to take
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