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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. |
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