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Stephen Faulkner  

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  • Sirius XM Is Increasing Prices [View article]
    I'm with CN on this. I could do without my phone if it wasn't necessary for work.

    It's pathetic looking around in restaurants. People buried in their phones not talking. Or (*gag*) taking pictures of their food and sending it to everyone / posting it on Facebook...
    Jun 8, 2015. 08:58 PM | 1 Like Like |Link to Comment
  • Sirius XM: Explaining The 1 Cent 'Miss' In Q1 Earnings [View article]
    Where did I say between $4.85 an $6.10?
    Jun 8, 2015. 08:40 PM | Likes Like |Link to Comment
  • Sirius XM Is Increasing Prices [View article]
    That's a lot of money.
    Jun 8, 2015. 12:29 PM | 1 Like Like |Link to Comment
  • Sirius XM Is Increasing Prices [View article]
    What if no? What if Stern slips on a banana peel dropped by Bababooey and can't continue the show? What if solar flares consume the satellites? What if Schwarznegger is successful in his plot to blow up the moon?

    Ring around the rosy, a pocket full of posies. The rest is history.
    Jun 8, 2015. 12:29 PM | 1 Like Like |Link to Comment
  • Sirius XM Is Increasing Prices [View article]
    Nobody has offered Howard Stern $1 billion to leave SIRI...

    So why not say "Why would Stern turn down $1 billion kajallion kablooeyfillion in cash, post tax, and royalties?"

    ?

    May as well. Make it sound even better!
    Jun 7, 2015. 09:10 PM | 2 Likes Like |Link to Comment
  • Sirius XM Is Increasing Prices [View article]
    My targets are high value / opinion shift targets where I would consider selling. The 4.75-5.25 was the same for Jan 2015 as 4.25 was for Jan 2014 or the same as 5.50 is (again roughly) for Jan 2016.

    Beyond that needs to be re evaluated based on share repurchase quantities and average price as well as ongoing company performance.

    My target shouldn't be taken as a "it will hit this" but more "it might hit this and if it does I'd shift strategy" which, in many cases, means exit and wait.

    I really don't know what other people mean by "targets." I see analysts with hold targets that are below share price (doesn't make sense) and buy targets that are 15 cents over share price (doesn't make sense). Unfortunately there is not a rule as to what "target" means and unfortunately people take it to mean "It will hit this exact price at this exact time."
    Jun 4, 2015. 10:18 PM | 3 Likes Like |Link to Comment
  • Sirius XM: Explaining The 1 Cent 'Miss' In Q1 Earnings [View article]
    I'm not sure why there would be any concern at all.
    Jun 2, 2015. 03:22 PM | Likes Like |Link to Comment
  • Judge certifies potentially huge class action against Sirius XM [View news story]
    This is incorrect. Pandora would pay less if they charged for their service at a level comparative to other services and / or provided enough advertising to provide them with enough income to reach that point on a per user basis.

    The ONLY reason Pandora pays a higher percentage of income on a per play streamed basis is because they give it away for FREE and thus have little to no income per play. Their per play rate is actually lower than Sirius XM on streamed content. They have a sweetheart deal at the moment (slowly eroding).

    If Pandora charged every subscriber $10 a month their percentage payout would be extremely low.
    May 29, 2015. 08:43 AM | 1 Like Like |Link to Comment
  • Judge certifies potentially huge class action against Sirius XM [View news story]
    My comment was to the other guy :P
    May 29, 2015. 01:20 AM | Likes Like |Link to Comment
  • Judge certifies potentially huge class action against Sirius XM [View news story]
    Here :

    http://yhoo.it/1dB2SPl

    Convenient this showed up on the front page of yahoo but it goes with my point. People don't ask enough questions. They read it one place and go "this sounds good to me" and don't bother to dig.

    Things *I* have said and stated as OPINION and clearly indicated as such have been repeated as *fact* later on by others... the internet is full of that nonsense, and media is full of crap / lazy / generally worthless when it comes to banging out that quick piece of news and being first to print.
    May 29, 2015. 12:02 AM | 3 Likes Like |Link to Comment
  • Judge certifies potentially huge class action against Sirius XM [View news story]
    Eh, I thought you said you were a student and that part of your class assignment was to analyze ongoing discussions about Sirius XM?

    Then you said you worked for an undisclosed large investment firm and that your firm owned Sirius XM's convertible notes.

    Now you're a lawyer?

    In that case I'm a student lawyer working for UBS too! We all are. Including John Jacob Jingle-Heimerschmidt over here. His name? It's all of ours, and the people? they're shoutin'! ;)
    May 28, 2015. 11:56 PM | 3 Likes Like |Link to Comment
  • Judge certifies potentially huge class action against Sirius XM [View news story]
    It's % total revenue. The company does not derive 100% of revenue from music only offerings except in the case of music only packages. I think there's some sort of disconnect here.

    The 10 to 15% is alleged by SoundExchange. It is not a published amount disclosed by Sirius XM.

    If Sirius XM is paying royalties based upon 100% of all revenues I would argue that they have been overpaying and the all artists who have been paid to date should owe Sirius XM in carry forward credit for the overpayment. My understanding is the company adjusts to some degree the difference between a music only sub and premium / premier / whatever "not music only sub" and the pricing of each in calculation (this is also under question.)

    Please don't link "The Hollywood Reporter" as a credible source. Credible sources should be the official documents and the statements contained within.
    May 28, 2015. 11:49 PM | 1 Like Like |Link to Comment
  • Judge certifies potentially huge class action against Sirius XM [View news story]
    To that effect so would traditional radio, cable companies which have music channels, etc.
    May 28, 2015. 11:57 AM | 2 Likes Like |Link to Comment
  • Sirius XM: Explaining The 1 Cent 'Miss' In Q1 Earnings [View article]
    I doubt it will have much impact at all. Good for the buyback though, and like I said gives the lawyers something to do :P
    May 28, 2015. 10:50 AM | 1 Like Like |Link to Comment
  • Judge certifies potentially huge class action against Sirius XM [View news story]
    "10-15% of that attributable to pre-1972 recordings"

    The problem is that this is a definitive statement. It is not a maybe, or "I estimate" or "The Turtles estimate" or "XXXX estimates" or guesses or assumes etc. etc.

    Sirius XM has not indicated that 10-15% of their revenue comes from recordings before 1972.

    Anyone familiar with the service and anyone who has followed the company for some time will know that not only do they have only a few channels devoted to or that partially play pre 1972 recordings, but the company's most popular channel is not anything pre 1972 (it's 80's on 8 and then 90's on 9 for music), and given that there is a wealth of other content that the company pays for (Howard Stern, sports, comedy, news, talk, financial, etc etc etc) to say the company pulls 10% MINIMUM of its revenue from such a small selection of the content it provides leaves a LOT of questions.

    It doesn't matter what the documents say or what can be calculated from them. They are ALL assumptions.

    Sirius XM has not ever released that it generates a minimum of 10% of revenue from pre 1972 content.

    Because it is a guess, an estimation, an assumption, it is "made up" regardless of the calculations (which are made up of numbers that are also in part assumptions / guesses / estimations). This should be stated clearly.

    The problem with not stating it is someone reads this, then quotes it, and they're quoted, and more people read it, and eventually it becomes some "fact" that isn't really a fact at all. Perhaps it never gets to that point but it's important to indicate when something is an estimation or when it simply IS.
    May 28, 2015. 10:41 AM | 3 Likes Like |Link to Comment
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