XM Dead?
#1
11-29-2007 | 08:21 PM
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Tourer
Joined: Apr 2007
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From: Georgia
XM Dead?
What's going to happen to all the XM stuff? SIRIUSis buyingXM see:
NEW YORK — Friendly satellite radio rivals Sirius (SIRI) and XM (XMSR) enter the final month of 2007 with reasons to be wary. [/align]They have to worry whether the softening economy will hurt new car sales — the largest generator of new satellite radio subscribers.
Also up in the air is how many holiday shoppers put portable satellite radios on their gift lists.
Several analysts were disappointed by non-car radio sales for Sirius and XM in the third quarter. That led Goldman Sachs analyst Mark Wienkes to write that "The retail satellite radio market is on life support."
But more than anything, the companies are anxiously waiting to see whether federal officials will OK Sirius' agreement last February to offer stock currently worth about $5 billion for XM.
NEW YORK — Friendly satellite radio rivals Sirius (SIRI) and XM (XMSR) enter the final month of 2007 with reasons to be wary. [/align]They have to worry whether the softening economy will hurt new car sales — the largest generator of new satellite radio subscribers.
Also up in the air is how many holiday shoppers put portable satellite radios on their gift lists.
Several analysts were disappointed by non-car radio sales for Sirius and XM in the third quarter. That led Goldman Sachs analyst Mark Wienkes to write that "The retail satellite radio market is on life support."
But more than anything, the companies are anxiously waiting to see whether federal officials will OK Sirius' agreement last February to offer stock currently worth about $5 billion for XM.
#2
11-29-2007 | 08:35 PM
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Joined: Aug 2007
Posts: 620
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From: Oakdale, CT
RE: XM Dead?
don't know but I had Sirius and loved it but they had a problem, you had to pay for the year in advance. The fact is that Sirius has been working to buy XM for a year or more... however from what we were told they were going to keep the formats seperate and then eventually switch to the Sirius format.
#3
11-29-2007 | 09:04 PM
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#7
11-30-2007 | 12:19 PM
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#8
11-30-2007 | 01:45 PM
Road Captain
Joined: Nov 2005
Posts: 680
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From: Seattle area
RE: XM Dead?
Is that something new? I've had Sirius for a couple of years and it's been month-to-month since I got it.
ORIGINAL: connsmith
don't know but I had Sirius and loved it but they had a problem, you had to pay for the year in advance. The fact is that Sirius has been working to buy XM for a year or more... however from what we were told they were going to keep the formats seperate and then eventually switch to the Sirius format.
don't know but I had Sirius and loved it but they had a problem, you had to pay for the year in advance. The fact is that Sirius has been working to buy XM for a year or more... however from what we were told they were going to keep the formats seperate and then eventually switch to the Sirius format.
#9
11-30-2007 | 02:06 PM
Road Warrior
Joined: Oct 2006
Posts: 1,354
Likes: 13
From: CO
RE: XM Dead?
ORIGINAL: vettedog72
What's going to happen to all the XM stuff? SIRIUSis buyingXM see:
NEW YORK — Friendly satellite radio rivals Sirius (SIRI) and XM (XMSR) enter the final month of 2007 with reasons to be wary. [/align]They have to worry whether the softening economy will hurt new car sales — the largest generator of new satellite radio subscribers.
Also up in the air is how many holiday shoppers put portable satellite radios on their gift lists.
Several analysts were disappointed by non-car radio sales for Sirius and XM in the third quarter. That led Goldman Sachs analyst Mark Wienkes to write that "The retail satellite radio market is on life support."
But more than anything, the companies are anxiously waiting to see whether federal officials will OK Sirius' agreement last February to offer stock currently worth about $5 billion for XM.
What's going to happen to all the XM stuff? SIRIUSis buyingXM see:
NEW YORK — Friendly satellite radio rivals Sirius (SIRI) and XM (XMSR) enter the final month of 2007 with reasons to be wary. [/align]They have to worry whether the softening economy will hurt new car sales — the largest generator of new satellite radio subscribers.
Also up in the air is how many holiday shoppers put portable satellite radios on their gift lists.
Several analysts were disappointed by non-car radio sales for Sirius and XM in the third quarter. That led Goldman Sachs analyst Mark Wienkes to write that "The retail satellite radio market is on life support."
But more than anything, the companies are anxiously waiting to see whether federal officials will OK Sirius' agreement last February to offer stock currently worth about $5 billion for XM.
So what has the FCC done towards acting on the FEB 07 proposal?
