Tapp leaving XM Canada
EmptyTORONTO -- XM Canada, the Canadian licensee of U.S.-based XM Satellite Radio, said Thursday that Stephen Tapp is stepping down as its president and COO.
Toronto-based Canadian Satellite Radio Holdings Inc., which operates XM Canada, said Tapp will leave the domestic satellite radio service June 15 to pursue other opportunities.
"Now that we have successfully launched the business, it is my time to move on to new media projects of my own," Tapp said in a statement.
His departure follows continuing speculation about a possible merger between XM Canada and rival Sirius Satellite Radio Canada, the Canadian licensee for the U.S.-based Sirius subscription radio service, as XM Satellite Radio and Sirius go forward with their own merger plans stateside.
XM Canada and Sirius Canada both launched in late 2005. The possible merger of the two Canadian companies would require approval from the Canadian Radio-television and Telecommunications Commission, which originally licensed them as separate Canadian satellite radio services.