[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
Re: [Swprograms] OT: XM Walkman Coming
- Subject: Re: [Swprograms] OT: XM Walkman Coming
- From: "Richard Cuff" <richard@xxxxxxxxxxx>
- Date: Fri, 22 Oct 2004 13:47:01 -0400
I guess it's fine if you're someone who spends much of their time outdoors.
How well do these services work indoors if you aren't hear a south-facing
window?
Richard Cuff / Allentown, PA USA
----- Original Message -----
From: "Joe Buch" <joseph.buch@xxxxxxx>
To: <swprograms@xxxxxxxxxxxxxxxx>
Sent: Friday, October 22, 2004 1:16 PM
Subject: [Swprograms] OT: XM Walkman Coming
<http://cnn.netscape.cnn.com/ns/news/story.jsp?id=2004102207460002605881&dt=
20041022074600&w=RTR&coview=>
XM radio seen launching 'wearable' device-analyst
LOS ANGELES, Oct 21 (Reuters) - XM Satellite Radio Holdings Inc next week is
expected to unveil a "wearable" device, marking the satellite radio industry
leader's latest effort to woo audiences to the nascent format, analysts
said.
A spokesman for Washington, D.C.-based XM declined to comment beyond saying
a major product announcement was planned for Oct. 26 in New York with
automotive parts and consumer electronics products maker, Delphi Corp.
"XMSR is also likely to announce its wearable device next week. There is a
good shot this 'Walkman' type device, in the near term, will differentiate
XM's hardware from Sirius," a rival satellite radio system, said Kit Spring,
analyst with Stifel, Nicolaus in a note for investors.
He said such a device would "also get investors thinking about future
combinations of IPOD/TIVO-like satellite radios, which would increase the
value of the monthly subscription."
A radio industry executive said the device was believed to be a
satellite-radio receiver with headphones that also had a hard drive enabling
users to download XM content.
Spring could not be immediately reached for comment.
Delphi has already partnered with XM for such products as the XM SKYFi
satellite radio. Since introducing it in 2002, the company has shipped over
750,000 of the portable units.
XM rival Sirius Satellite Radio Inc has said it expects to roll out wearable
products in late summer 2005.
The new "wearable device" by XM could bolster increasing investor sentiment
about the business prospects for satellite radio, although some analysts
cautioned that both rivals are investing heavily in a bid to attract a mass
audience.
Earlier this month, Sirius reached a five-year, $500 million deal with shock
jock Howard Stern to bring his popular program to the company's line-up in a
bid to narrow the gap with XM.
XM responded this week by signing a $650 million deal to broadcast Major
League Baseball games for 11 years.
XM Satellite has about 2.5 million subscribers. Sirius' subscriber base has
exceeded 700,000 and the company said it remains on track for 1 million
subscribers by the end of the year.
© Copyright Reuters Ltd. All rights reserved. The information contained In
this news report may not be published, broadcast or otherwise distributed
without the prior written authority of Reuters Ltd.
~*-.,_,.-*~'^'~*-.,_,.-*~'^'~*-.,
Joe Buch
-*~'^'~*-.,_,.-*~'^'~*-.,_,.-*~'^
_______________________________________________
Swprograms mailing list
Swprograms@xxxxxxxxxxxxxxxx
http://dallas.hard-core-dx.com/mailman/listinfo/swprograms
To unsubscribe: Send an E-mail to
swprograms-request@xxxxxxxxxxxxxxxx?subject=unsubscribe, or visit the URL
shown above.
_______________________________________________
Swprograms mailing list
Swprograms@xxxxxxxxxxxxxxxx
http://dallas.hard-core-dx.com/mailman/listinfo/swprograms
To unsubscribe: Send an E-mail to swprograms-request@xxxxxxxxxxxxxxxx?subject=unsubscribe, or visit the URL shown above.