XM In Talks To Broadcast To Cell Phones. Hits 4 Million Subcribers.

From CNet News.com: "XM Satellite Radio is holding active discussions with wireless carriers about offering some form of its radio service on mobile phones, XM CEO Hugh Panero said on Monday…

"Panero [said] in an interview: ‘They are clearly looking for content to support their platform, and we are a logical place for them to go.’

"XM, which earlier on Monday said it extended its lead in the nascent pay radio market tomore than 4 million subscribers, does not have any deals in place, and Panero did not specify how close it is to signing an agreement."

Read the full CNet News story here.