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#1
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"Kimba W. Lion" wrote in message
Actually, I was trying to look beyond his proselytizing. I used his own phrase as a reference point. If you think ownership doesn't matter, well... dream on, silly dreamer. Thanks for the "if", Kim. I didn't say this and don't believe it. Ownership matters. But business model matters more, including the ability to design and subsidize proprietary receivers. The delivery system matters more because it permits the aggregation of niche tastes. The absence of content regulation, particularly television-style coerced, non-marketplace, nabcaster carriage is hugely important. This enables satellite radio to build a secular, pro-liberty constituency that in time will let it win the battle against terrestrial for full First Amendment rights. But ownership is in there somewhere. Regs chose duopoly rather than monopoly for satellite radio, and chose well. Never forget that satellite radio is *hometown* radio. It brings the best of the culture, seven jazz channels for example, to every community in America. Including the "flyover" communities whose limited commercial potential makes them irrelevant to terrestrial media elites. Jerome |
#2
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Cooperstown.Net wrote:
Never forget that satellite radio is *hometown* radio. It brings the best of the culture, seven jazz channels for example, to every community in America. Including the "flyover" communities whose limited commercial potential makes them irrelevant to terrestrial media elites. You have a very odd definition of hometown. I suppose if you're listening to XM and are from San Antonio, Texas, it's "hometown" radio because that's where Clear Channel's corporate headquarters are. :P Or if you're in NYC and listening to Sirius. At any rate, "beamed down from a bird in orbit thousands of miles above Earth" doesn't qualify as hometown radio as far as I'm concerned. And you forget who owns the satellite companies... "terrestrial media elites." At least here in the US. (OK, that's true of XM for sure... not sure about Sirius's corporate pedigree, but the people in charge are from large communications companies...) -- JustThe.net - Apple Valley, CA - http://JustThe.net/ - 888.480.4NET (4638) Steven J. Sobol, Geek In Charge / / PGP: 0xE3AE35ED "The wisdom of a fool won't set you free" --New Order, "Bizarre Love Triangle" |
#3
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In article ,
Steve Sobol wrote: I suppose if you're listening to XM and are from San Antonio, Texas, it's "hometown" radio because that's where Clear Channel's corporate headquarters are. :P Or if you're in NYC and listening to Sirius. Correction: Clear Channel no longer owns an attributable stake in XM. They never owned as much as 25% in any case. (XM's headquarters are in Washington, BTW.) The biggest owner of XM is Rupert Murdoch's DIRECTV Group. -GAWollman -- Garrett A. Wollman | As the Constitution endures, persons in every | generation can invoke its principles in their own Opinions not those | search for greater freedom. of MIT or CSAIL. | - A. Kennedy, Lawrence v. Texas, 539 U.S. 558 (2003) |
#4
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Garrett Wollman wrote:
In article , Steve Sobol wrote: I suppose if you're listening to XM and are from San Antonio, Texas, it's "hometown" radio because that's where Clear Channel's corporate headquarters are. :P Or if you're in NYC and listening to Sirius. Correction: Clear Channel no longer owns an attributable stake in XM. They never owned as much as 25% in any case. (XM's headquarters are in Washington, BTW.) The biggest owner of XM is Rupert Murdoch's DIRECTV Group. Thanks; ok, details are slightly off, but the concept is still the same. Perhaps even more so in Murdoch's case. ![]() -- JustThe.net - Apple Valley, CA - http://JustThe.net/ - 888.480.4NET (4638) Steven J. Sobol, Geek In Charge / / PGP: 0xE3AE35ED "The wisdom of a fool won't set you free" --New Order, "Bizarre Love Triangle" |
#5
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![]() "Steve Sobol" wrote in message ... Garrett Wollman wrote: In article , Steve Sobol wrote: I suppose if you're listening to XM and are from San Antonio, Texas, it's "hometown" radio because that's where Clear Channel's corporate headquarters are. :P Or if you're in NYC and listening to Sirius. Correction: Clear Channel no longer owns an attributable stake in XM. They never owned as much as 25% in any case. (XM's headquarters are in Washington, BTW.) The biggest owner of XM is Rupert Murdoch's DIRECTV Group. Thanks; ok, details are slightly off, but the concept is still the same. Perhaps even more so in Murdoch's case. ![]() Even the Hughes ownership, which started at over 20%, which transferred to DirecTV, was sold a year ago. DirecTV Sells XM Stake By TSC Staff 3/26/2004 10:02 AM EST Shares of XM Satellite Radio (XMSR:Nasdaq - news - research) slipped Friday after longtime backer DirecTV (DTV:NYSE - news - research) sold its stake. DirecTV raised $230 million Friday by selling the public 9 million shares in the fast-growing Washington, D.C., satellite radio broadcaster, XM said in a Friday morning press release. DirecTV, which until this year was a General Motors (GM:NYSE - news - research) unit called Hughes Electronics, was an early investor in XM and remained its largest shareholder through January, according to Yahoo! Finance. The investment was surely a profitable one for DirecTV, which recently came under the control of Rupert Murdoch's News Corp. (NWS:NYSE - news - research) . After all, XM shares posted a staggering 1,000% gain last year as investors bought into its promise of early leadership in a fast-growing tech niche. At the end of 2002, before the XM rally began in earnest, GM and its affiliates held nearly 20% of the company. . |
#6
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It wouldn't bother me in the slightest if DirecTV or Clear owned a bunch of
XM, but they don't: DirecTV Sells XM Stake -- 3/26/2004 10:02 AM EST .....investment was surely a profitable one for DirecTV,...XM shares posted a staggering 1,000% gain last year... http://www.thestreet.com/_tsclsii/ma.../10150897.html This angle of attack appears to be going noplace. So I expect we'll shortly be reminded that Karmazin runs Sirius and that both providers are teamed with good terrestrial radio people. It's the absence of a coinbox that has turned terrestrial into a wasteland, not "corporate greed." Jerome "Steve Sobol" wrote in message ... Garrett Wollman wrote: In article , Steve Sobol wrote: I suppose if you're listening to XM and are from San Antonio, Texas, it's "hometown" radio because that's where Clear Channel's corporate headquarters are. :P Or if you're in NYC and listening to Sirius. Correction: Clear Channel no longer owns an attributable stake in XM. They never owned as much as 25% in any case. (XM's headquarters are in Washington, BTW.) The biggest owner of XM is Rupert Murdoch's DIRECTV Group. Thanks; ok, details are slightly off, but the concept is still the same. Perhaps even more so in Murdoch's case. ![]() |
#7
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Cooperstown.Net wrote:
This angle of attack appears to be going noplace. So I expect we'll shortly be reminded that Karmazin runs Sirius and that both providers are teamed with good terrestrial radio people. Look, folks, perhaps I shouldn't have named names. Especially since I don't follow the satellite radio business as closely as I could. Especially, especially since there are people who are much more familiar with the players involved than I am. ![]() However, if y'all really want to argue that satellite radio is "hometown" radio, I'll argue until my dying day that it's not. It is the diametric OPPOSITE of hometown radio. "Hometown" implies a broadcast outlet directing its programming at an audience in the same geographical area. Jerome, THAT is the point I was trying to make (and apparently failed to make). For us ("us" including you, if I recall correctly) to have complained for years about industry consolidation and the homogenization of radio outlets across the USA, and then for you to tout satellite as "hometown" programming, is beyond my comprehension, and I'm shocked to hear such a thing from any of the regulars, ESPECIALLY you. Maybe I'm just confused. Perhaps you could clarify your statement. **SJS -- JustThe.net - Apple Valley, CA - http://JustThe.net/ - 888.480.4NET (4638) Steven J. Sobol, Geek In Charge / / PGP: 0xE3AE35ED "The wisdom of a fool won't set you free" --New Order, "Bizarre Love Triangle" |
#8
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![]() "Steve Sobol" wrote in message ... However, if y'all really want to argue that satellite radio is "hometown" radio, I'll argue until my dying day that it's not. It is the diametric OPPOSITE of hometown radio. "Hometown" implies a broadcast outlet directing its programming at an audience in the same geographical area. And... we have the only two users of satellite radio spectrum with nearly 300 channels controlled by 2 companies. Hometown? Bzzt. Independent? Bzzzt. Anti-consolidation? Bzzzzt. |
#9
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Steve, I'm sure you've confused me with another poster. I've never pined
for a different and supposedly golden era of radio with council meetings, lost puppies and local artists. These were Hendricks and gaffo's themes, not mine. Consolidation was a theme of others. Payola was a theme of others. Live and local, a fetish of others. Automated and local is cheaper and works as well on radio as it does on the web. My issues are, typically 1) The sheer inefficiency of paying for content through undifferentiated commercial sponsorship. Not that long ago, the only way for a listener to pay for radio was to be harangued. 2) NAB's attempts to brake technical progress and its chokehold on the bandwidth and the fundamental liberties of its competitors 3) If excessive competition were a problem (the Bakersfield principle) the license prices wouldn't be going up 4) If even more competition eventually forces profitability and license prices down, terrestrial radio would survive nonetheless, and might even find it necessary to invest in local content to differentiate and compete. Am I a little nostalgic for Wm. B Williams, Shep, Carlton Fredericks, Brad Crandall, Bill Watson, BAI and Monitor? Of course. What thinking listener doesn't have a set of names like these, exemplifying calm, worldliness, spontaneity and respect. But they were rarities even then, they can't be regulated back into existence, and I probably wouldn't have time for them today. The golden era of radio is the one we're in, with satellite, internet and time-shifting through Winamp, CD burning and flash memory. As dismal as AM and FM became, the marketplace found other ways to meet listener demand. Good radio people may have landed out on their ear, but we listeners definitely got our portion. What makes Satellite radio hometown? Well, when NAB does its annual brag about how many artists and songs terrestrial radio introduced, its tally includes about 12,000 signals that any given listener cannot receive. It is satellite that brings these niche formats to every community in the contiguous states. A far richer variety in East Jesus, USA than was available in the biggest markets a few years ago. Each listener is a hometown subscriber/sponsor; satellite has a name on file, a feedback and accountability mechanism in place, and a keen awareness of the economic value that listener represents. XM is developing digital fountain technology and will be as locally differentiated as regulators permit it to be. No longer will the information you need be tied to the music or commercials you despise; it'll be stored in the background and available at your convenience. Including, perhaps, a traffic report from terrestrial, and real-time room availabilities from the local motels. Onscreen or via synthesized voice. NAB will have a fit. I'll admit there's a disigenuous element to the "hometown" crack, though I stand by it. I'm actually on very friendly terms with most of the broadcasters in this community. Jim and Jim, the former owners of one group. Cindy and Jen, the voice talent. George, the new manager. Jan, owner of the other group. Doug and Tracy on the air. Known 'em and liked 'em for years. But I don't listen. Home is where the eardrums are. Jerome "Steve Sobol" wrote in message ... Cooperstown.Net wrote: This angle of attack appears to be going noplace. So I expect we'll shortly be reminded that Karmazin runs Sirius and that both providers are teamed with good terrestrial radio people. Look, folks, perhaps I shouldn't have named names. Especially since I don't follow the satellite radio business as closely as I could. Especially, especially since there are people who are much more familiar with the players involved than I am. ![]() However, if y'all really want to argue that satellite radio is "hometown" radio, I'll argue until my dying day that it's not. It is the diametric OPPOSITE of hometown radio. "Hometown" implies a broadcast outlet directing its programming at an audience in the same geographical area. Jerome, THAT is the point I was trying to make (and apparently failed to make). For us ("us" including you, if I recall correctly) to have complained for years about industry consolidation and the homogenization of radio outlets across the USA, and then for you to tout satellite as "hometown" programming, is beyond my comprehension, and I'm shocked to hear such a thing from any of the regulars, ESPECIALLY you. Maybe I'm just confused. Perhaps you could clarify your statement. **SJS -- JustThe.net - Apple Valley, CA - http://JustThe.net/ - 888.480.4NET (4638) Steven J. Sobol, Geek In Charge / / PGP: 0xE3AE35ED "The wisdom of a fool won't set you free" --New Order, "Bizarre Love Triangle" |
#10
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![]() "Steve Sobol" wrote in message ... Cooperstown.Net wrote: Never forget that satellite radio is *hometown* radio. It brings the best of the culture, seven jazz channels for example, to every community in America. Including the "flyover" communities whose limited commercial potential makes them irrelevant to terrestrial media elites. You have a very odd definition of hometown. I suppose if you're listening to XM and are from San Antonio, Texas, it's "hometown" radio because that's where Clear Channel's corporate headquarters are. :P Or if you're in NYC and listening to Sirius. At any rate, "beamed down from a bird in orbit thousands of miles above Earth" doesn't qualify as hometown radio as far as I'm concerned. And you forget who owns the satellite companies... "terrestrial media elites." At least here in the US. (OK, that's true of XM for sure... not sure about Sirius's corporate pedigree, but the people in charge are from large communications companies...) Steve, Clear now has less than 1% of XM; they never were more than 5% to 6% before the dilution of equity due to the constant issuance of more stock to pay for the huge losses. No other media company has any position in XM... the biggest players are car manufacturers and mutual funds. |
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