On February 9, 2006, XM Satellite announced a three-year, $55 million deal with Oprah Winfrey. The announcement stated that “Oprah and Friends,” a new channel on XM, would begin broadcasting in September 2006. What was the change in XM’s market value from January 30, 2006, through February 13, 2006? Does the $55 million investment appear to have been a good idea? B) What other industries tend to pay exuberant salaries to their employees? Is it good for business? Why or why not?
Online Tutoring, Online Tutors
