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Old September 11th 07, 12:51 AM posted to rec.radio.shortwave
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Default iBiquity in financial mayhem

On Sep 10, 7:18?pm, "David Eduardo" wrote:
"Roadie" wrote in message

ups.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.- Hide quoted text -

- Show quoted text -


I wonder why - just like Clear Channel, that want to go private. Both
companies are DOA.

 
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