Ad Supported Satellite Radio Possibilities 66 comments
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My latest article regarding the potential of Sirius XM (SIRI) to broadcast both a premium as well as, simultaneously, an ad supported satellite radio service brought about a feverish debate. Many of the initial responses I received were not so much against the idea as they were against my own perceived lack of understanding as it applies to FCC regulations. Some, it seems, are under the impression that the FCC has somehow banned Sirius XM from broadcasting in an advertiser supported format.
I didn't write an article, per se. I reported news that had been given to us freely by an insider of the company and by a person with the knowledge of an insider; Greg Maffei. Mr. Maffei not only stated that this will occur, he referred to it as the next leg of growth for Sirius XM. In answer to not my own, but Mr. Maffei's critiques, I offer the following FCC response from the March 11th, 1997 Original Report and Order for SDARS:
Flexibility for licensees to meet market demands is crucial and it may be that the viability of a satellite DARS service will depend on offering a mix of advertiser supported and subscription service. We find that a requirement that satellite DARS be entirely subscription is unwarranted. Mandating that providers charge for their services is not in the public interest and raises significant legal questions if done for the purpose of economic protectionism as advocated by several commenters.
Disclosure: Long SIRI
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On Apr 28 01:47 PM FloorHomo wrote:
> I am so glad that I sold all my 750,000 shares that I bought for
> a nickel and 7 cents for $.63 along with the rest of you. I would
> be kicking myself or even lying if I would have held them as I watched
> 40 % evaporate. Did anyone hold? ANYONE?
On Apr 28 02:13 PM dead elvis wrote:
> Anyone disagree with me?- that the reason we are so emotional about
> this issue-regardless of loss or gain= is that in a flash before
> our eyes , this stock has the potential to move back to 5cents or
> 2 dollars.
Of course I disagree with you. Along with virtually everybody else with the intelligence to walk upright.
There is NO CHANCE for SIRI to go to two dollars. And a very good chance it is going back into single digits before the inevitable reverse split.
You mean if you didn't average down between January an March. If you did you should be ahead now.
I don't disagree though, sell on rallies and buy on dips. Good for a few bucks if you keep your eyes open.
>The bottom line is that if you bought and held Sirius anytime before
>January of 2009 you are either underwater, or underground.
Long SiriusXM
Full disclosure: XM subscriber for four years. Canceled last sub in Jan '09.
On Apr 28 05:46 PM mlongj wrote:
> Ad supported radio possibilities are enormous going forward for SiriusXM.
> This would allow for additional revenue in the form of advertising
> dollars and would compete directly with the NAB. This is not a restrictred
> practice by the FCC, so it would be full of opportunities. Liberty
> is leading the way on many new initiatives with SatRad and we will
> be amazed as time passes as to what is unveiled. Never a dull moment!
>
>
> Long SiriusXM
It makes sense as a bargaining chip since liberty has 40% of stock that can be converted to asset at any time, which means they walk away with the XM satellites. This is just mere speculation,but I've been researching directv's new HD 1080P programming.
All sirius really needs to keep, is the XM repeater netwrork which is compatible with sirius satellites.
It's a win, win for both sirius/xm, and liberty. This stock is going to hit $3 in 2 years.
On Apr 28 12:37 PM connorport wrote:
> Facts are. SIRI and XM Subsidiaries have about 3.2 billion in debt.
> They have parallel running systems which cost twice as much to run
> as just one thats needed. Move the XM streams to SIRI Sats and you
> have about 3.5 billion in unneeded assets and have just added all
> the XM subs to SIRI. 3.5billion assets minus 3.2 billion in debt
> between both companies equals 300 million in liquid cash on top of
> the 200+ million thats coming in every month while clearing SIRI's
> debts as well. This is figured with no addition revenue streams
> as well which are most certain.
>
> This is what sold me.
BigVinnie, mlongj, and others....
Good to see a few people here, defending the truth. I see Ive been away too long. I see the bashers are back with their lies, half truths, and witty one liners. To BCharger....
Nothing, your comments defeat themselves. Any semi intelligent person can see your around 10 years old. No no comment needed.
Im Not Jim Cramer...
OMG dude, just go away.
That guy that bought at .07 and sold at .63. LOL LOL LOL LOL
LOL LOL LOL LOL
Enough said on that.
Floorhome, that was his name. His name literally discredits his arguements as well. I must admit the quality of bashing has gone way down. Is this it? Numbers are up a bit, but the quality is way down. Im Not Jim Cramer is the best they got. Sad....
"Mr. George Putnam is Trustee of Putnam Master Int. Income Trust Fund. He is Chairman of New Generation Research, Inc. (a publisher of financial advisory and other research services), and President of New Generation Advisers, Inc. (a registered investment advisor to private funds). Mr. Putnam founded the New Generation companies in 1986. Prior to June 2007, Mr. Putnam was President of the Putnam funds. Mr. Putnam is a Director of The Boston Family Office, LLC (a registered investment adviser). He is a Trustee of St. Mark’s School. Until 2006, he was a Trustee of Shore Country Day School and until 2002 he was a Trustee of the Sea Education Association. Mr. Putnam previously worked as an attorney with the law firm of Dechert LLP (formerly known as Dechert Price & Rhoads) in Philadelphia. He is a graduate of Harvard College, Harvard Business School and Harvard Law School."
www.reuters.com/financ...
On Apr 28 01:47 PM FloorHomo wrote:
> I am so glad that I sold all my 750,000 shares that I bought for
> a nickel and 7 cents for $.63 along with the rest of you. I would
> be kicking myself or even lying if I would have held them as I watched
> 40 % evaporate. Did anyone hold? ANYONE?
On Apr 28 02:07 PM BadCompany wrote:
> Sorry kids, satellite is a dated concept. When it was first introduced,
> mp3 players weren't the prevalent way to listen to music. Now, we
> can listen to all the music we want, commercial free, and we can
> also do our own programming, as opposed to some random programmer
> ramming his tastes down our throats.
On Apr 28 10:11 PM BigVinnie wrote:
> My understanding is that liberty wants the XM satellites for more
> bandwidth of its HD programming. Liberty would want to extend most
> of its HD programming to a new 120HZ 1080 P signal, which can't be
> done with out the additional xm satellites. Most of directvs signal
> is only 60hz 1080i.
> It makes sense as a bargaining chip since liberty has 40% of stock
> that can be converted to asset at any time, which means they walk
> away with the XM satellites. This is just mere speculation,but I've
> been researching directv's new HD 1080P programming.
> All sirius really needs to keep, is the XM repeater netwrork which
> is compatible with sirius satellites.
> It's a win, win for both sirius/xm, and liberty. This stock is going
> to hit $3 in 2 years.
On Apr 28 05:46 PM mlongj wrote:
> Ad supported radio possibilities are enormous going forward for SiriusXM.
> This would allow for additional revenue in the form of advertising
> dollars and would compete directly with the NAB. This is not a restrictred
> practice by the FCC, so it would be full of opportunities. Liberty
> is leading the way on many new initiatives with SatRad and we will
> be amazed as time passes as to what is unveiled. Never a dull moment!
>
>
> Long SiriusXM
On Apr 28 08:43 PM coloneldebugger wrote:
> SIRI might as well fully assimilate themselves to FM since their
> music content and useless DJs have been there forever. The advantage
> XM and Sirius had over terrestrial was commercial free and unique
> content. Sirius took over XM and destroyed what was left of the
> unique content, now they're moving more and more toward giving up
> the commercial free advantage. The only thing they can offer better
> than FM today is live content like sports broadcasts.
>
> Full disclosure: XM subscriber for four years. Canceled last sub
> in Jan '09.
On Apr 28 05:36 PM I'm Not Jim Cramer wrote:
> TRADE, TRADE, and above all, TRADE! It's not at all about whether
> you love it or not, it's about next week, or next month. The bottom
> line is that if you bought and held Sirius anytime before January
> of 2009 you are either underwater, or underground. That doesn't
> even mention the lost opportunities in not buying other stocks.
> Get six receivers and ten subscriptions if you want, but NEVER buy
> and hold on this stock for any significatn length of time.