View Single Post
  #4   Report Post  
Old February 19th 08, 04:18 PM posted to rec.radio.shortwave
IBOCcrock IBOCcrock is offline
external usenet poster
 
First recorded activity by RadioBanter: Aug 2007
Posts: 707
Default The Death of the Ubiquitous Cheap Radio

On Feb 19, 7:56 am, dave wrote:
If any of you doubt that the FCC wants to kill free radio, read on:

"Analyst: XM+Sirius+HD is likely.
Stifel Nicolaus analyst Blair Levin thinks it's likely the FCC will
require such a mandate as part of its approval of the deal, as well as a
requirement that any new receivers include terrestrial HD capabilities.
Meanwhile, U.S. Electronics is pushing the FCC to hold a summit among a
number of parties citing a "newly emerged consensus" that a combined
XM-Sirius be required to make their receiver technology "open" allowing
more choices for consumers. Among those backing the requirement are
iBiquity and the HD Digital Radio Alliance."

--insideradio


"Satellite Radio Facing Bankruptcy?"

"Satellite radio companies have been suffering heavy losses - and
plunging stock prices - even as they continue to add subscribers. And
a front-page story in Tuesday's Wall Street Journal warns that the
worst may be yet to come... Industry leader XM Satellite Radio
Holdings Inc. lost $667 million last year, and rival Sirius Satellite
Radio Inc. lost $863 million. The big losses have shaken investor
confidence in the industry. XM shares have lost 71 percent of their
value this year, and Sirius shares have lost 51 percent... For one
thing, a substantial number of people who buy vehicles with pre-
installed satellite radios don't activate them, nor do many who
receive a radio as a gift. It's estimated that 10 percent of all store-
bought radios given as gifts during the last holiday season were never
activated. Also, those who do subscribe often abandon the service
after a period of time, some switching to iPod adapters to provide
music in their vehicle."

http://archive.newsmax.com/archives/...5/175258.shtml

Satrad is a bust.