1091530--2/25/2010--XM_SATELLITE_RADIO_INC

related topics
{capital, credit, financial}
{product, market, service}
{regulation, change, law}
{financial, litigation, operation}
{cost, operation, labor}
{regulation, government, change}
{tax, income, asset}
{property, intellectual, protect}
{stock, price, operating}
{loss, insurance, financial}
{condition, economic, financial}
{debt, indebtedness, cash}
{investment, property, distribution}
{control, financial, internal}
We must maintain and pay license fees for music rights. Higher than expected costs of attracting new subscribers, higher subscriber turnover or weaker than expected advertising revenue could each adversely affect our financial performance and operating results. We may from time to time modify our business plan, and these changes could adversely affect us and our financial condition. Our substantial indebtedness could adversely affect our ability to raise additional capital to fund our operations and could limit our ability to react to changes in the economy or our industry. Our business might never become profitable. Our business depends in large part upon automakers, a number of whom have experienced a sharp decline in sales, have reduced production and are experiencing extreme financial difficulties. Rapid technological and industry changes could adversely impact our services. Consumers could pirate our services. Failure of our satellites would significantly damage our business and potential satellite losses may not be covered by insurance. Our broadcast studios, terrestrial repeater networks, satellite uplink facilities or other ground facilities could be damaged by natural catastrophes or terrorist activities. Electromagnetic interference from others could damage our business. Failure to comply with FCC requirements could damage our business. Changes in consumer protection laws and their enforcement could damage our business. The unfavorable outcome of pending or future litigation could have a material adverse effect. Our business may be impaired by third-party intellectual property rights. Liberty Media Corporation has significant influence over our business and affairs and its interests may differ from ours. Our net operating loss carryforwards could be substantially limited if SIRIUS experiences an ownership change as defined in the Internal Revenue Code.

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