Sirius XM, Level 3: Investing in 'Hope' Is a Recipe for Disaster [View article]
Sirius is a one sad playlist after another. Their recent decision to replace BBC Radio 1 with a 70's disco channel I think is a perfect representation of where the company is headed. There is a complete lack of innovation in this company which will ultimately result in them being crushed by a competitor. In order to remain relevant, they need to be offering something that cannot be acquired elsewhere. Channels devoted to single artists, a large devotion to music that is more than a decade old, and a lack of international channels will be the death of them. As long as we're quoting Warren Buffet, Don't invest in a company you don't believe it. You've become so involved in the numbers, you've forgotten about the company itself. It's well on it's way to obsolete. Technology is rapidly catching up with, and in many cases, surpassing this company already. Put your money somewhere else.
Sirius XM Radio (NASDAQ:SIRI) Listeners Want BBC Radio 1 Back On The Satellites [View instapost]
Demian, First I'd like to thank you for this article and your positive response to what is a very frustrating situation for many. I have a question from your show the other night. You mentioned that Sirius doesn't participate in ratings and therefore has no way of knowing how many subscribers are listening to each channel. This seems like an incredible fail to me and I am deeply curious why a company, who's success is directly tied to customer satisfaction, would not participate in this. Surely, they would want to know what channels are the most successful and base their decision on the removal of a channel on low numbers rather than random drawing of straws. Is the technology currently unavailable to them to track each station?
Sirius XM, Level 3: Investing in 'Hope' Is a Recipe for Disaster [View article]
Sirius XM Radio (NASDAQ:SIRI) Listeners Want BBC Radio 1 Back On The Satellites [View instapost]