Seeking Alpha

The FCC dismisses Liberty Media's (LMCA) application for approval to take de facto control of...

The FCC dismisses Liberty Media's (LMCA) application for approval to take de facto control of Sirius XM (SIRI). Liberty, which owns preferred shares convertible into a 40% stake in SIRI, was unable to obtain the necessary passwords and other info needed to file the application electronically, which rendered the application "unacceptable."
Comments (3)
  • It's time for our Great Leader John Malone to purchase the other 11% of Siruis and carry on! With the 6 billion that LMCA has profited to date it really makes sense to spend 1.6 billion to take control of Siruis and go World Wide now! China and other countries are waiting!!!
    It's time to grow like facebook with the very best Radio Network in the World!!!
    C. Timothy Maloney
    Shareholder
    Las Vegas, Nevada
    4 May 2012, 09:31 PM Reply Like
  • Thanks to C. Timothy Maloney for bringing up the concept of "world wide" applications of satellite radio.

     

    I wish that the authors of the analytical articles in Seeking Alpha like Stephen Faulkner and Rocco Pendola would write to us about whether SIRI can go global.

     

    What are the obstacles and or risks for going global; and what are the potential benefits to us the stockholders!
    5 May 2012, 04:13 PM Reply Like
  • Risks to going global - cost. More satellites, more licensing of spectrum, and more country specific content. A service that's currently US content heavy won't translate well outside of North America. Just take a look at DirecTVs expansion into Latin America to see the risks of launching a satellite service in a foreign country.

     

    But I think it's inevitable that at some point, satellite radio will be a world wide phenomenon.
    7 May 2012, 07:49 PM Reply Like
DJIA (DIA) S&P 500 (SPY)