Satellite television C. Clarke proposed a worldwide communications system which would function by means of three satellites equally spaced apart in earth orbit. This was published in the October 1945 issue of the Wireless World magazine and won him the Franklin Institute's Stuart Ballantine Medal in 1963. The first public satellite television signals from Europe to North America were relayed via the Telstar satellite over the Atlantic ocean on 23 July 1962, although a test broadcast had taken place almost two weeks earlier on 11 July. The signals were received and broadcast in North American and European countries and watched by over
Satellite radio bought out by CD Radio in 1993 for $2 million. In November 1999, Margolese changed the name of CD Radio to Sirius Satellite Radio. In November 2001, Margolese stepped down as CEO, remaining as chairman until November 2003, with Sirius issuing a statement thanking him "for his great vision, leadership and dedication in creating both Sirius and the satellite radio industry." XM’s first satellite was launched on March 18, 2001 and its second on May 8, 2001. Its first broadcast occurred on September 25, 2001, nearly four months before Sirius. Sirius launched the initial phase of its service in four