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XM Satellite Radio unveiled $2 million Performance Studio at Wash...

XM Satellite Radio unveiled $2 million Performance Studio at Washington hq in effort to bring back live performances to radio. Performance by jazz trumpeter Wynton Marsalis highlighted event. “We want to be considered the HBO of radio” CEO Hugh…

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Panero said. XM spokesman repeated pledge that XM wouldn’t use terrestrial repeaters for local programming: “XM is totally committed to following the 1997 rules established by the FCC governing the broadcast of local content on satellite radio.”