Satellite Radio?

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I’ve always just blanked when it comes to satellite radio. Who wants it? Why would you want it? It seems so, I dunno, old-think. It has always struck me as kinda lame. Apparently it is:

Sirius Satellite Radio said on Tuesday that its quarterly loss doubled, mainly due to a $225 million stock payment to shock jock Howard Stern. For the quarter ending March 30, the satellite radio operator posted a $458.5 million loss, compared with $193.6 million a year ago.

Stock compensation charges were nearly $285 million of that loss. This compares with a $38.7 million charge a year ago. However, revenue tripled from $43.2 million a year ago to $126.7 million, and the company showed strong subscriber growth.

And I’m sure it has nothing to do with the fact that Howard Stern is a waste of air…time. With bleeding that severe, they must have some serious backage.

Satellite Radio?

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- tony
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have you ever listened to satellite radio? if you really like music you should try it before writing it off as old-think. listen for 1 week and you will be hooked.

sirius is not in bad shape. their growth numbers are huge. the big paper loss is mostly due to stern’s sky-high comp.
- admin
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I’m skeptical. I have all the music I could ever want on my Laptop. I burn CDs, download music to try before buy, listen to more quality streaming stations than I can possibly get through - for free. I have an iPod with 5000 songs that use in the car. I have an FM radio with dozens of stations and if I get tired of that I have am from Vancouver, Seattle, San Fransisco, etc.. I have a multi CD changer. What is it about music on satellite radio that makes is so special. I mean, you have pay for it, right? Hardware and subscription costs. I’m willing to be sold, but I still don’t see it.

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I am a communications technology pro by trade, an activist at heart. I care deeply about the health of my family and work hard to contribute to solutions to the great challenges of our day such as climate change and an out-of-control food system. I am a bon vivant, artist, writer and wannabe musician. I deeply appreciate my friends and colleagues and all the creativity and knowledge they bring. I hope I am always learning from them.