Yes, I had based the revenue share on 50% of $12.95, but it's actually 50% of $9.99. My follow up point was that the difference only lowered my estimate from $98MM in negative burn to $91MM in...
SIRIUS XM SATELLITE RADIO FORUM
Type: Posts; User: homer985
Yes, I had based the revenue share on 50% of $12.95, but it's actually 50% of $9.99. My follow up point was that the difference only lowered my estimate from $98MM in negative burn to $91MM in...
Yes John, you are correct. But the difference to my calculations is not significant. Instead of losing $98MM in cashflow on GM installs in one year, they lose $91MM, in such a calculation change.
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That is because Sirius pays their subsidies at the time of manufacture; XM pays the bulk of theirs at the time of sale. This was a point of discussion Tyler and I had several years ago. Sorry I...
Churn will go up... no two ways about it. Especially a $2 increase. I was contemplating canceling my second sub, because it is increasing to $8.99/month. Adding an additional $1 to it? I'm done with...
Tyler, keep in mind that if Sirius does decide to do the "pass through" expense of the SoundExchange royalty starting in August... then I estimate that it will cut approximately $150-160MM of...
XM doesn't provide the radios to GM... GM buys them from XM suppliers.
In return, GM gets a guarantee payment from XM (which XM has already paid for the term of the contract... but they are...