We're going to do to radio what DBS (Direct Broadcast Satellite) and cable television did to the TV industry...providing lots more choices.

Through our strong partnership with CSR, XM will have an opportunity to expand the XM service beyond the United States and serve millions of Canadians with compelling Canadian and American programming.

Time will tell whether that is a deal that is going to make sense for my competitor or simply make sense for Howard Stern.

Stern effect. Howard Stern has raised the awareness of the entire satellite radio category.

This is just a competitive market. It depends on hardware, innovative radios, and content that has a certain seasonal nature to it.

There's no radio station in New York City where you can hear Sinatra sing 'New York, New York.' On XM you can.