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catoismymotor (32.76)

Sirius XM, you will start to bleed to death this March.

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January 13, 2010 – Comments (17)

 

 

Sirius XM: The Beginning of the End?By Andrea Tse 01/13/10 - 08:36 AM EST

NEW YORK (TheStreet) -- A long-feared, potential threat to Sirius XM Radio(SIRI Quote) has become real for many tech-sector observers, prompting them to wonder whether the satellite radio company has reached the beginning of its end.

At last week's kick-off of the 2010 annual Consumer Electronics Show, one of the world's largest tech-trade shows, Pioneer unveiled a new car stereo that can detect Pandora Internet radio settings from iPhones or iPods -- which could then be translated into convenient access for the users to their favorite Pandora channels while driving.

Pandora's potential has been tantalizing from the moment it was launched in 2000, much of it owing to its Music Genome Project -- an ongoing compilation of painstakingly-detailed musical data analysis that Pandora has been using to create customized music stations for individual users.

Through the project, the company has steadily added listeners every year, doubling to more than 40 million in 2009, compared to Sirius' roughly 18 million subscribers as of December.

Through Pandora, users can access tunes via their Android, BlackBerry, iPhone, Palm Pre and Windows Mobile phones.

Ted Cardenas, a Pioneer director of marketing, told the Wall Street Journal that he sees the creation as an opportunity to reach out to an entirely new group of consumers. This has led some observers to conclude that the new Pioneer AVIC-X920BT will threaten the very survival of Sirius, once it becomes available to the market in March.

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17 Comments – Post Your Own

#1) On January 13, 2010 at 10:33 AM, mikebz5 (< 20) wrote:

Looks like a rehash of the BS street article from yesterday. Too bad the author didn't correct the errors pointed out in yesterdays comments.

http://www.thestreet.com/story/10659071/1/sirius-xm-the-beginning-of-the-end.html?cm_ven=GOOGLEFI

 

This JUNK further reinforces the theory of collaboration between these ultra crooked sites!

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#2) On January 13, 2010 at 10:38 AM, mikebz5 (< 20) wrote:

Looks like a rehash of the BS street article from yesterday. Too bad the author didn't correct the errors pointed out in yesterdays comments.

http://www.thestreet.com/story/10659071/1/sirius-xm-the-beginning-of-the-end.html?cm_ven=GOOGLEFI

 

This JUNK further reinforces the theory of collaboration between these ultra crooked sites!

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#3) On January 13, 2010 at 11:09 AM, JibJabs (91.54) wrote:

WOW. That is the longest thing I've scrolled over on this site. I have not, nor will I ever, read what you just wrote. Just wanted you to know that your passion made your writing unreadable. Respect my time and I'll think about what you have to say.

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#4) On January 13, 2010 at 11:27 AM, lemoneater (81.73) wrote:

I didn't read it all either. I will say that Sirius XM seems to inspire a lot of defenders, but if we are trying to invest logically the question "does Sirius have a moat to protect its business model?" is valid.

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#5) On January 13, 2010 at 11:42 AM, jddubya (40.19) wrote:

"Sirius XM, you will start to bleed to death this March."

Not likely.  The units much less advertised feature is that it is Sirius/XM ready.  Along with the $1200 price tag it's not likely to hurt SIRI at all.  The pandora/ipod hype is just that: media hype.

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#6) On January 13, 2010 at 12:18 PM, Catoisadouche (< 20) wrote:

Why in the world would anyone REPOST this trash when the original was actually PULLED by the originating site?  Only one answer....  : )

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#7) On January 13, 2010 at 12:35 PM, jddubya (40.19) wrote:

catoisadouche

Heh heh... you created a user name just to slam catoismymotor.  Plus, the article still exists on thestreet. You're a d!ck. 

And mikebz5 - you've hijacked an otherwise reasonable blog by cato and turned it into something to avoid.  You're a d!ck.

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#8) On January 13, 2010 at 12:57 PM, mikebz5 (< 20) wrote:

@jddubya- This blog was not written by catoismymotor. It is a rehashed slam piece by Andrea Tse of street.con. If Cato can cut and paste the article I think the comments should go with it.

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#9) On January 13, 2010 at 4:09 PM, catoismymotor (32.76) wrote:

Well, I certainly stirred up one arrogant and rude hornet's nest by posting 1/3 of an article and a link to the rest.

I would like to thank mikebz5 for showing us his true colors. Why did he decided to combine part of my name with a feminine hygene product? I can only guess.

I used to know a guy in middle school that fancied himself the next Eddie Murphy for such antics. But why would an adult take this approach? Does he feel scared? Anyone that feels he needs to stoop so low must feel threatened. I find that small small dogs often bark the loudest just before they lose all control and pee themselves. Mikebz5, I advise you change screen name, attitude and take a bath because that smell of wee is not going to go over well with your mom once you leave the basement.

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#10) On January 13, 2010 at 4:18 PM, catoismymotor (32.76) wrote:

#7 - Oh, BTW: I'm still waiting to learn the answer as to why I would post a link to this article? If your answer is anything other than "Cato thought it sounded intersting that a possible rival to Sirius was about to enter the scene and wanted to share the news." then it is wrong.

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#11) On January 13, 2010 at 4:30 PM, rofgile (99.31) wrote:

Cato:

 I think you are right-on.  Smart phone use is growing in huge strides.  The same people who use smart phones are into satellite radio.  The audio quality is better on the internet streams of the smart phone than is the Satellite beamed streams.  The internet streams are free if you are already paying for a data plan with your smart phone.  SIRI has raised their monthly rates to a fairly high cost.

 I see the end as well.  (Which I why I sold out shares last year at 0.75/share), if you could rate SIRI in CAPS I would give it a downthumb right now.

 -Rof

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#12) On January 14, 2010 at 9:30 AM, mikebz5 (< 20) wrote:

@Cato- If you re-read the posts authors I think you will see my screenname has nothing to do with feminine products.

 

It is interesting to me how you resort to personal attacks and namecalling when you are called out on reposting slam pieces without merit.

 

Maybe you can enlighten us on how Pandora will remain viable with an ad based business model? Terrestrial radio has proven this does not work.

I guess the bright side is that when Pandora fails the Pioneer buyers can subscribe and use THE BUILT IN SIRIUSXM capability of this radio.. 

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#13) On January 14, 2010 at 10:02 AM, Turfscape (43.31) wrote:

mikebz5 wrote:
"Maybe you can enlighten us on how Pandora will remain viable with an ad based business model? Terrestrial radio has proven this does not work."

Did terrestrial radio disappear? What was I listening to in my car? Oh...that's right, it was one of the 20 FM terrestrial radio stations in my market.

Funny how I never sit around complaining that there simply aren't enough stations, but rather that the two or three stations that I do tune in aren't quite exactly the way I would program them, were I in charge.

I don't call for the demise of SiriusXM, but to ignore the Pandora/Pioneer development as a threat to SiriusXM growth is willful ignorance. Now, those dissatisfied with terrestrial radio have a choice that doesn't include a SiriusXM subscription.

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#14) On January 14, 2010 at 10:05 AM, ChannelDunlap (< 20) wrote:

mike what are you talkin' about?  Terrestrial radio has proven that ad-based doesn't work?  That explains why it's been around for over a century now?  (The first audio-broadcasting radio station started in 1906, I looked it up, so theres your tidbit for the day.)

Besides that, Pandora is no longer purely ad-based.  It's free to listen 40 hours per month, and then it's $0.99 for the rest of the month, or $36 (which comes with higher sound quality and some other bonuses) for a whole year.  I, and plenty of other people I know who use Pandora (and not Sirius/XM) pay one or the other.  

While Sirius/XM certainly fills a role that Pandora does not with live DJ's and talk/news/traffic/sports stations, what the advent of the iPod and the rash of other MP3 plays has shown is that a lot of people don't really care about such things.  I know I don't.  Just give me my music.  And that's what Pandora does.

So, in closing, I don't want to come off like I expect Pandora to spell the death of sat. radio, but it certainly doesn't deserve to be shrugged off as some comments here have suggested.

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#15) On January 14, 2010 at 10:30 AM, catoismymotor (32.76) wrote:

****ATTENTION FELLOW FOOLS****

mikebz5 (AKA: catoisadouche) has managed to pollute this blog entry with his childish attacks against me and negative comments. I will not continue to add to or visit this blog. I advise you to take what actions you feel are appropriate to make mikebz5 realize his kind of input is not welcomed on TMF.

Thank you,

Cato 

 

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#16) On January 14, 2010 at 1:55 PM, mikebz5 (< 20) wrote:

@Channeldunlap-The terrestrial business model is and has been failing for at least the last 5 years. The rates at which the operators are losing money are increasing. These losses started BEFORE the economic meltdown! You may have 20 channels now but you won't if the losses keep mounting.

Have you heard of Citadel broadcasting(CTDB)? ClearChannel(CCO)? Entercom communication(ENT)? Radio one(ROIK)? Cumulus Media(CMLS)? Check the financials. How's that Ad based business model going for them? How long will they keep the money losing operations running? 

How much will your data plan on your cell phone run when you go over your limit?How will pandora pay the artist royalties on more than 40 hours of music for just $.99? Will advertisers continue to pay Pandora for advertising if if no one is looking at it? Time will tell....

@cato- I have one screenname on MF and only 1.

 If providing facts to refute an erroneous and bogus article makes me childish and negative, I am guilty as charged.

If you don't want comments contesting what you have put on your blog I suggest you buy a webpage on godaddy and publish a web page.

 

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#17) On January 19, 2010 at 5:49 PM, mikebz5 (< 20) wrote:

@Cato- Did you catch this PR?

 

http://finance.yahoo.com/news/Sirius-XM-Just-Crushed-siliconalley-1039062503.html?x=0&.v=3

 

Pandora is crushing em....NOT!

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