SiriusXM Faces New Threat in Age of Connected Cars

New York Times: SiriusXM pays about $1 billion a year in subsidies and revenue splits to automakers, and 75 percent of all new vehicles sold in the U.S. come with satellite radio installed. Yet cars are changing in ways that could threaten its position. New technologies are bringing the Internet to the dashboard. For drivers, that means that various new audio apps — many of them free — will soon be available at a touch. “The major enemy of SiriusXM is Internet radio.”