hdl1000

Sirius XM Dips Beneath $1: Will the Street Give It Any More Time?

The answer to dealing with the debt is simple - *aggressively* get new subscribers. Mel seems to have no idea how to do that. By hanging the fate of satellite radio to the moribund domestic auto industry, he's condemning the industry to failure. When Mel seemed to dismiss things like partnering with Apple that was the last straw. Let's just ignore the whole mobile media market as an avenue for new subscribers and pretend everyone lives in the NY metro area and spends an hour and a half commuting to and from work. Probably time for the shareholders to demand some new leadership.