I hope I'm wrong. I love creative broadcasting, but with its stock sitting around 12 cents a share...
- "...Sirius XM does have a serious flaw in its capital structure. Its costs, which include servicing its pile of debt, appear to be too high to make the business viable.” - The New York Times
- There is no built in mechanism for knowing how many subscribers are listening to a particular channel at any given time. Programming decisions are made based on guesswork.
- Internet radio + ubiquitous wireless = unlimited competition.
I hope I'm wrong. I love creative broadcasting, but...
