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XM Satellite Radio loses $666.7M in 2005
Washington Business Journal ^ | 2/16/06

Posted on 02/16/2006 2:06:45 PM PST by iPod Shuffle

click here to read article


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To: BigSkyFreeper

I will have to check it out.


61 posted on 02/17/2006 6:53:09 AM PST by bwteim (Begin With The End In Mind)
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To: LegendHasIt

But to inject some perspective here. At this juncture, the game is not about making profits, yet. It's about establishing dominance in the industry space so that eventually it will be profitable. Most new industries don't see profits for awhile, it doesn't necessarily mean the industry itself isn't viable. Taking heavy losses upfront is just the price of freight to gain ultimate market dominance.


62 posted on 02/17/2006 6:56:08 AM PST by dfwgator
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To: iPod Shuffle

bookmk ping


63 posted on 02/17/2006 7:01:57 AM PST by Dad yer funny
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To: xzins

I felt the same way when I bought my first vehicle with XM. But as someone who travels a lot I have had a change of heart. If you drive long distances through numerous radio reception areas you come to really appreciate SatRad.


64 posted on 02/17/2006 7:52:35 AM PST by redangus
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To: bwteim

I agree completely. I have XM in my Tahoe and love it, but I really liked the old digital music channels on DTV better.


65 posted on 02/17/2006 7:53:51 AM PST by redangus
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To: redangus

One of the post above was by a lady who lives in an area underserved by radio. I can sort of understand that, but I'd used internet radio instead.

I've never had problems with my scan button when I've been on the road.

I just can't see sending someone money each month just so I could listen to something that's free all around me.

FREE is my favorite price!


66 posted on 02/17/2006 8:05:07 AM PST by xzins (Retired Army Chaplain and Proud of It!)
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To: Always Right

"Sirius was headed towards penny stockland without Stern"

Actually once past the initial spurt of activity about him when it was announced in 2004, it's been heading in that direction again. He started broadcasting with them Jan 1

http://finance.yahoo.com/q/bc?s=SIRI&t=3m&l=on&z=m&q=l&c=


67 posted on 02/17/2006 8:46:58 AM PST by RS ("I took the drugs because I liked them and I found excuses to take them, so I'm not weaseling.")
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To: LegendHasIt

"Well, looks like Sirius has just reported a loss of a little less than half of what XM did "

When one of them finally goes belly-up, will the other be able to keep going even after sucking up all the subscribers from the corpse, or will it simply slow down their own demise ?

( but I suppose they can cut costs by not renewing Stern and Oprah )


68 posted on 02/17/2006 8:54:30 AM PST by RS ("I took the drugs because I liked them and I found excuses to take them, so I'm not weaseling.")
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To: dubie

So you have to be sirius to be stern?:)


69 posted on 02/17/2006 12:19:36 PM PST by moog
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To: dubie

"I listen to Mike Church, Jerry Doyle, Laura Ingrham, Tammy Bruce etc"

I also like the classic rock channels and the New York DJ's.


70 posted on 02/17/2006 12:22:42 PM PST by Revenge of Sith
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To: Revenge of Sith

I also like area33, sirius 66,67 =) 67 rox...


71 posted on 02/18/2006 5:05:38 AM PST by dubie
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To: LegendHasIt
Well, looks like Sirius has just reported a loss of a little less than half of what XM did ($311 Million 4Q05) About 50 million more than the year before. http://www.freerepublic.com/focus/f-news/1580422 Loss of 23 cents per share.

No, XM's $667M loss was for all of 2005, while Sirius' $311M loss was for just Q4. XM lost $270.4M in Q4. Sirius lost more.

72 posted on 02/19/2006 10:11:30 AM PST by Sting 11
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To: manwiththehands
but they make up for that on the News/Talk channels. It's worse than network TV.

Aint' that the truth! Gawd they get those repetitive XM other-channel ads stuck in my head! I only listen to Britt on FNC, but wow that's annoying. And to boot, I ALREADY SUBSCRIBE! Why are they advertising themselves?!?!?

....If they want to try to hook you on other channels you haven't listened to, why don't they, during the commercial....cut to another random LIVE channel instead if they want to make you aware of other channels.

73 posted on 05/02/2006 11:22:00 AM PDT by sam_paine (X .................................)
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