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Liberty Media rescues Sirius from bankruptcy
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The following comments relate to this news article:

Liberty Media rescues Sirius from bankruptcy

article published on 17 February, 2009

Liberty Media, the parent company of DirecTV, has saved Sirius XM Radio from a likely bankruptcy by announcing it will lend the struggling satellite radio company $530 million USD. Sirius had warned that bankruptcy could come as early as today if they could not negotiate with their debt holders. The company has been in talks with Liberty for a few days now. The company's current situation ... [ read the full article ]

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SuckRaven
Member
_ 		17. February 2009 @ 23:53 _ Link to this message    Send private message to this user   
Sweet Jebus... Their stock price was up like 83% or so at its highest point today, and they were selling like hot cakes. The volume was like 200,000,000 +. Of course given the ridiculously diluted value of their stock, this makes sense.

Unfortunately, I still do not think they have a viable long-term business model, but we shall see.

Kinda sucks though, I could have made a pretty penny off of them by doing a bit of day trading, hehehe. Oh well....
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This message has been edited since posting. Last time this message was edited on 17. February 2009 @ 23:53
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ZippyDSM
AfterDawn Addict

4 product reviews
_ 		18. February 2009 @ 03:21 _ Link to this message    Send private message to this user   
they need to open up their series and add more features, free streaming from the web for most consumers, alacart plans that start at 10 a month that gives you 5-10 stations to chose from which you can change online but from your S/XM radio you only get those choices.

And finally they need to offer stream re broadcast to your account/radio if they had this I would get them if its offered with a basic plan for under 20$
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wiseguy0
Junior Member
_ 		18. February 2009 @ 14:20 _ Link to this message    Send private message to this user   
When are we going to let businesses that don't work die?? How can we progress when we don't learn from failure?
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ivymike
Member
_ 		19. February 2009 @ 23:35 _ Link to this message    Send private message to this user   
"The loans have 15 percent interest rates and will mature at the end of 2012."

Isn't the world supposed to end in 2012?
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wdtv
Newbie
_ 		20. February 2009 @ 10:48 _ Link to this message    Send private message to this user   
2012 true, look up planet x, it is coming.


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This message has been edited since posting. Last time this message was edited on 20. February 2009 @ 10:49
Ransack
Newbie
_ 		22. February 2009 @ 22:39 _ Link to this message    Send private message to this user   
They need to start playing more indie artists in order of generating more listeners. Major record companies already control the airwaves of major record label recording artists so Sirius radio stations should involved themselves with more indie unsigned artists in order of giving the audience a drastic difference from mainstream radio stations.
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loubat
Junior Member
_ 		27. February 2009 @ 13:27 _ Link to this message    Send private message to this user   
Originally posted by ZippyDSM:
 they need to open up their series and add more features, free streaming from the web for most consumers, alacart plans that start at 10 a month that gives you 5-10 stations to chose from which you can change online but from your S/XM radio you only get those choices.

And finally they need to offer stream re broadcast to your account/radio if they had this I would get them if its offered with a basic plan for under 20$

I only pay $12/month for all of Sirius. All they could add IMO to make them any better would be a higher bitrate for their broadcasts.

Lol, I just went to the sirius site to make sure I wasn't talking out my ass... here's what I found:

Sirius Everything Plan: All of Sirius = $12.95/month
Sirius Everything Plus Best of XM: $16.99/month
Mostly Music plan: 65 music channels = $9.99/month
A La Carte Plan: Pick 50 channels = $6.99/month

So, they're already about 3/4 of the way to exactly what you've described. Not bad, eh?
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