SiriusXM To Raise Rates

SiriusXM Price Increase Subscriptions During its Q3 earnings announcement today, SiriusXM CEO Jim Meyer revealed that the service will raise its monthly subscription rate by 50 cents in the first quarter of 2014.

SiriusXM previously raised its monthly rates in January 2012 from $12.95 to $14.49. The company will also be adding a premium $5.99 a month Latino package on February 15.

The company will begin to notify subscribers of the rate increase next week.

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