UPDATE 4-XM Satellite's loss widens but subscriptions rise

Newswire

(Recasts, adds CEO comment and analyst comment, updates stock) By Franklin Paul NEW YORK, Oct 27 (Reuters) - XM Satellite Radio Holdings Inc. on Thursday said its quarterly loss widened on rising programming costs, and its shares fell on concern over a delayed digital music player and the pay-radio company's reliance on car makers for new users. Both XM Satellite and rival Sirius Satellite Radio Inc. are growing rapidly in a nascent market, but losing money as they spend heavily on new ...

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