Isn't Stern leaving Infinity to go to Sirius? Do I have the story right?
Bought in for a penny, now up to a pound. Wheee!
I'm glad private radio is taking off, but I don't think it will do well. Once the price goes to nearly free instead of $10 or $20 a month, it'll be worth it. Until then, it's just not something I'd see most people paying for--and buying a radio for.
Now, if they offered a Stern-plus package, for $15 a year and a free radio, people would buy in droves.
They are shipping money out in train car loads. What is flowing in? I know it will be a century or two before I start paying for radio.
I got sirius a couple of months ago. I will NEVER switch back. I paid a year up front and got a month free. For the hour each way I commute to work, 13 bucks a month is worth it.
Nice... I haven't listened to Stern much lately because of his Bush bashing and whining, but I had been a regular listener since the late 80's. Before I stopped listening, he was hinting at going to satellite, so I picked up a chunk of Sirius at around $2/share.
After hours trading has it at $5.75 after the Karmazin announcement. Now when to sell....
the audience who is willing to pay for radio is limited. commercial radio needs to start developing some new talent - if all the top talk people and shock jocks are going to leave and go to pay radio, I'm not going with them.