Satellite Radio in Fiscal Trouble
prostoalex writes "It looks like Sirius Satellite Radio is going through its worse times. From the same article XM Satellite does not seem to be doing well either, even with 200K customers. Will it signify the end of the satellite radio?"
Like we didn't see this coming? The market for pay radio has got to be slim. Who wants to pay a monthly fee for radio sat or no sat? This would be a great service if it weren't for one small, tiny miscalculation: THERE ARE THOUSANDS OF FREE RADIO STATIONS ALL OVER AMERICA! Hey, when interplanetary travel becomes commonplace, then this shit will be the bomb! Never underestimate a venture capitalist with more money than brains. Hey, I realize some of you subscribe and love it. That's great. Most of us just won't buy it. The upfront investment coupled with the subscription just make it impractical. >
Since I got XM I've been intorduced to a vast verity of music and artists that I simply wouldn't know about had they not been on XM. While my cd changer in my car still gets a good amount of use, the two simply aren't the same thing in my opinion. I also think you'd be suprised at the number of people such as myself that spend a good amount of time in their car every day. I might be seeing things in rose colored glasses because I use the service, but I consider XM to be just as important as my Tivo, and that's saying a lot.
Keep Austin Weird!
XM will benefit from a sort of compulsory adoption by way of GM installing XM radios in upwards of 20 models of it's vehicles The important quote here...
Leading manufacturers such as Sony, Alpine and Pioneer will offer a broad array of XM radios including models that will easily enable any existing car stereo system to receive XM service (the Pioneer Universal Receiver and the Sony Plug-and-Play) and over 20 models of new AM/FM/XM systems offering many other great features. General Motors this month rolled out factory-installed Delphi-Delco XM radios in Cadillac DeVille and Seville models, and will expand to more than 20 GM models next year.
Oh, and satan^H^H^H^H^H ClearChannel is an investor in XM. Seriously, read the previous link. The article neglected to disclose when ClearChannel and Microsoft were to merge into MegaCorp, Inc. and implant the chips in our brains, but I'll let you know if I find out a date.
Quidquid latine dictum sit, altum viditur