iBiquity in financial mayhem
On Mon, 10 Sep 2007 16:18:00 -0700, "David Eduardo"
wrote:
"Roadie" wrote in message
oups.com...
On Sep 10, 12:42 pm, Rfburns wrote:
Tuesday, April 11, 2006 at 4:07 PM
Tags:
HD Radio
I'm hearing some very interesting rumors about iBiquity, the company
behind terrestrial radio's savior technology HD Radio (just a little
refresher, the "HD" doesn't actually stand for "high definition" -
funny huh?). Word has it that iBiquity is experiencing so much
financial mayhem that they've stopped all projects, both current and
future, and are regrouping or possibily worse.
Rather than posting messages with vague unsupported claims why don't
you give us the details. Where did you read the rumors, who wrote
them and most importantly what specifically was written (or spoken).
iBiquity is owned by private equity firms and by the major station groups.
It does not put out financials to Wall Street.
The owners of Ibiquity are publicentities who must account for every
penny. Word gets around. HD is a big flop.
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