Re: [Swprograms] PRI Gone from Sirius

[jfiglio1@xxxxxxxxxxxx]

Having said what I said about competition earlier, I don't necessarily 
disagree with your overall analysis here.  Those of us who see value 
other than hard dollars in anything in this life (you name it--radio, 
food, religion even) are bound to be disappointed by the actions of 
many of our "peers".

jaf

----- Original Message -----
From: Joseph Buch <joseph.buch@xxxxxxx>
Date: Tuesday, September 26, 2006 11:34 am
Subject: Re: [Swprograms] PRI Gone from Sirius
To: Shortwave programming discussion <swprograms@xxxxxxxxxxxxxxxx>

> At 09:34 AM 09/26/2006, you wrote:
> 
> >Does everything have to be treated like some state secret?  If 
> Sirius lost the contract, why not just say so?  If 
> >they decided to go in a different direction, why not just explain 
> >why?  
> >
> >John Figliozzi
> 
> John,
> 
> Did Macy's tell Gimbels?  This is a competition.  For SIRIUS to 
> announce in advance what they were going to do could only help the 
> competition at best and overload the in box with protests at 
> worst.  So they just do it and see if anybody complains or 
> unsubscribes.  My guess is that the overwhelming majority of 
> present subscribers will hang on evn if abused because they cannot 
> switch without buying new radios or they are in long term 
> contracts.  In the case of dashboard-embedded radios installed in 
> the car as an OEM option, that would be too hard.  As the long 
> term contracts expire and folks elect to not renew, the climbing 
> churn rate will not be attributable to any single event but will 
> be blamed on economic conditions, falling new vehicle purchases, 
> declining home prices eroding the wealth effect, etc.
> 
> I have been observing this DBS industry since a couple years 
> before the first launch.  I made some money on both competitors' 
> stock back in the days when everything was speculation and glowing 
> press releases.  When the incompetence of SIRIUS management became 
> clear to me I dumped out of that one.  I chuckled the other 
> morning as Don Imus ruminated over the fact that he was under 
> water on his Sirius investment.  Once it became clear that XM and 
> SIRIUS were eventually going to eat each other's lunch, I also 
> dumped out of XM at a nice profit.
> 
> I believe these two companies are in a race to the bottom of the 
> barrel because they are being driven by the same numbers game that 
> is driving commercial terrestrial broadcasters.  They have 
> abandoned their lofty goals of proving a diverse choice of ideas 
> and musical formats to instead simply trying to attract the most 
> listeners.  Quality be damned.  Out damned diversity!
> 
> I see this as good news for the public radio stations across the 
> country who now have less competition and anything that helps 
> public radio is OK by me.
> 
> Joe Buch
> 
> 
> 
> 
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