NEW YORK -- December 19, 2008: Sirius XM Radio is offering its lifetime subscription plan for $300 to existing XM subscribers via spots on XM and e-mail offers, Motley Fool reports today. That's a $100 discount on its usual price for the deal.
Says Motley Fool, "This offer is so hush-hush -- targeted only to existing subs -- that even XM's pricing plan page is devoid of any information. Interested XM listeners are simply referred to a toll-free number to hash it out directly with the company."
Motley Fool points out that if a million subscribers take up Sirius XM on the offer, that will bring in "more than enough" cash to get past the planned February debt refinancing.