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Sirius Radio's loss grows in 4Q to $311.4M
Business Week Online ^
| 02/17/2006
| AP
Posted on 02/17/2006 6:16:09 AM PST by iowamark
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To: stacytec
And the way the technology is growing , you kind of wonder how far down the road music on demand and/or Tivo for radio will be. There already was an XM/Sirius Tivo for radio, but the RIAA forced them to stop making it, just like they are going after file-sharers.
Peer-to-peer wireless network grids could make satellite radio obsolete before it even begins, and there is no way the RIAA will be able to stop it.
21
posted on
02/17/2006 6:45:24 AM PST
by
E. Pluribus Unum
(Islam Factoid:After forcing young girls to watch his men execute their fathers, Muhammad raped them.)
To: iowamark
but but but I thought strippers and obscene material are guarantees of success?!?!
22
posted on
02/17/2006 6:46:23 AM PST
by
finnman69
(cum puella incedit minore medio corpore sub quo manifestu s globus, inflammare animos)
To: finnman69
ok, granted Stern was not yet on the air, but I see what's coming.
23
posted on
02/17/2006 6:46:59 AM PST
by
finnman69
(cum puella incedit minore medio corpore sub quo manifestu s globus, inflammare animos)
To: iowamark
It has always floored and mystified me when I've heard of various businesses posting these kinds of losses. I mean, if I lost $5,000 in a year - much less a quarter - I'd be doing good to live in my van, but these outfits lose a couple hundred million and go right on with the show.
To: iowamark
I don't have Sirius, but a coworker does, and commented to me this morning that there are commercials? I thought part of the appeal, and the reason for the monthly fee, was no commercials?
25
posted on
02/17/2006 6:47:26 AM PST
by
FairfaxVA
(SELECT * FROM liberals WHERE clue > 0. Zero rows returned!)
To: E. Pluribus Unum
XM and Sirius are both in trouble. Looks like the world wasn't ready for subscription radio after all.I like talk radio and my wife loves music. But she listens to CD's, and I listen to...free talk radio. We have never even had a discussion about satellite radio.
To: Individual Rights in NJ
I agree. My wife and I subscribed to XM last year and I have got to say that XM blows. Over a hundred channels and never a song you would want to listen to. We had a year subscription and it sucked so bad we stopped even trying to enjoy it after a month or so. Sirius on the other hand is a different kettle of fish entirely. I painted 3 rooms in my house while listening to Sirius Buzzsaw classic rock via dish network. Sirius kicks A$$.
27
posted on
02/17/2006 6:49:28 AM PST
by
Vote 4 Nixon
(EAT...FISH...SLEEP...REDUX)
To: dfwgator
The problem is most people don't listen to radio outside of drive time. So you have a few hours of high listenership, but the rest of the day few are listening.
I have a at home attacment
28
posted on
02/17/2006 6:49:51 AM PST
by
LynnHam
To: LynnHam
I'm sure there are people who do listen to satellite radio for significant portions of the day, the question is, are there enough of them?
29
posted on
02/17/2006 6:51:03 AM PST
by
dfwgator
To: iowamark
$311.4 million
Howard Stern's salary?
30
posted on
02/17/2006 6:51:06 AM PST
by
maggief
(and the dessert cart rolls on ...)
To: FairfaxVA
There are only commercials on the talk channels....read the fine print...commercial free music....
To: ken5050
I thought I read that he had sold all, or most of it..He filed an intent to sell, so he can sell whenever he wants. He has not sold (and the market will know when he does dump...that's for sure).
To: dfwgator
Mel K said today he thinks there is a potential market of 40M listeners...I have a hard time believing that.
To: FairfaxVA
The music channels are commercial free, but the news channels have commercials. Stern has commercials, but they are short.
34
posted on
02/17/2006 6:56:58 AM PST
by
hoosierboy
(I am not a gun nut, I am a firearm enthusiast)
To: AZRepublican
They already paid out over $400 million in cash to him.And that accounts for more than their loss.
To: iowamark
Sirius has cut back on a lot of talk radio shows, choosing to run repeats and interrupt others nightly with obscure college basketball games. That, adding Stern, and dumping FOX News has moved my thumb up to thumbs down.
36
posted on
02/17/2006 7:04:51 AM PST
by
Shqipo
(2006 is Bush Country!)
To: Individual Rights in NJ
I'll trade you the GEICO ads for those godawful ads for Ovaltine.
37
posted on
02/17/2006 7:06:00 AM PST
by
uglybiker
(If a Liberal said something, and there was no one around to hear. Would it still be stupid?)
To: Vote 4 Nixon
XM blows. Over a hundred channels and never a song you would want to listen to. Depends on what you are looking for. I listen mainly to classical music, and they have 3 stations devoted to that. I also get my weather and traffic report as soon as I get into my vehicle.
Here in Houston, practically all the free FM stations now only play Mexican music. The only remaining classical station is a Public Radio one that plays nothing but NPR crap during drive time.
I never saw the need to pay for something I could get for free, until I could no longer get it for free anymore. I do not worry about the lack of conservative talk radio on XM, because that is one thing I still get for free on AM.
38
posted on
02/17/2006 7:08:50 AM PST
by
Sans-Culotte
(Meadows Place, TX-"Tom DeLay Country")
To: ContemptofCourt; hoosierboy
Interesting, thanks for the info.
39
posted on
02/17/2006 7:09:10 AM PST
by
FairfaxVA
(SELECT * FROM liberals WHERE clue > 0. Zero rows returned!)
To: iowamark
(Listening to XM and Freeping....)
40
posted on
02/17/2006 7:10:56 AM PST
by
Uncle Miltie
(The Prophet Muhammed, Piss Be Upon Him)
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