Interesting deal. Will XM look to add Podcasts as part of the mix? If so, they may want to talk to TVEyes and it's new service, Podscope. XM could become a hosting service that empowers Podcasting for satellite radio. I also wouldn't be surprised to see AOL's Singingfish group involved somehow; that product has some amazing capabilities.

AOL, XM Satellite to Start Web Radio Service


1 hour, 44 minutes ago

NEW YORK (Reuters) - America Online on Monday announced plans to launch a Web-based radio service with XM Satellite Radio in a move that may help XM win customers from AOL's 24 million subscribers, driving XM shares higher.

 

The service, which will offer about 200 channels streamed over the Web in CD-quality sound for a monthly fee, will combine existing stations from both partners and will begin to roll out this summer.

The service, which will cost an estimated $5 a month, will be available for free to AOL's current paying subscribers. AOL is a unit of Time Warner Inc. , the world's largest media company.

XM Radio subscribers will have access only to XM's online stations, but some AOL programing will be available on XM's stations.

The deal represents another attempt by AOL, the world's largest online service, to stem the loss in its paying subscribers. It increases exposure for XM, the leading U.S satellite radio provider, which hopes to win more customers from AOL's estimated 24 million subscribers.