Sirius gains

Sirius XM the now sole satellite radio player in the US, added 257,000 net new subscribers for the fourth quarter 2009 and reported $100 million free cash flow for the full year. Mel Karmazin (CEO) noted that 2009 is the first year ever for Sirius XM to report positive free cash flow for an entire year. The company’s subs base now stands at 15.7 million.