http://money.aol.com/news/articles/q.../rfid173362041
Audiovox to expand availability of TV on the road
AP ONLINE
Posted: 2009-01-07 16:58:00
LAS VEGAS (AP) — More options for watching TV in the car are on the way.
Audiovox Corp. said Wednesday it will make an in-car receiver for Qualcomm Inc.'s subscription-based mobile TV broadcasts, previously available only on AT&T Inc. and Verizon Wireless cell phones.
The receiver will be available in eight to 10 months for less than $500, Audiovox senior vice president Tom Malone said at a presentation at the International Consumer Electronics Show. It will work with all existing in-car entertainment screens, including seat-back, dashboard and ceiling-mounted ones, he said.
There are 20 million U.S. cars with such screens, according to Hauppauge, N.Y.-based Audiovox.
"We feel with this partnership, we have an opportunity to breathe new life into rear-seat entertainment," Malone said.
Users will pay a subscription fee to use the system, but details have not been finalized, said Gina Lombardi, president of Qualcomm unit MediaFLO USA.
Currently, Verizon Wireless and AT&T cellular subscribers with compatible phones can pay $15 per month to receive 10 channels through MediaFLO. The broadcast system covers 68 markets and is expanding to cover more than 100 by the end of the year, Lombardi said.
MediaFLO is designed for reception by mobile antennas. Conventional U.S. TV broadcasts, both analog and digital, are designed for stationary antennas, and don't work well for moving ones. However, TV broadcasters are gearing up to transmit channels designed for mobile reception, and may start as early as this year. At least some of those broadcasts will likely be free to receive, just like standard over-the-air TV.
There are car-mount antennas for satellite TV services like that of Dish Network Corp., but installation is expensive and the signal can be blocked by buildings. As another option, Sirius XM Radio Inc., the satellite radio company, beams three kids' channels to receivers that are available as a factory-installed option on some Chrysler LLC cars.
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On the Net:
http://www.audiovox.com
http://www.mediaflo.com
http://www.sirius.com/backseattv
Anyone take notice of this?
http://finance.yahoo.com/q?s=SIRIZ.OB
It's a warrant for '09 - up more than 700% today.
Also not sure what to make of the latest SEC filing - any ideas?
It seems to have something to do with the shares that were lent out for bondholders to short back in July.
http://investor.sirius.com/secfiling...=950123-09-263
There were 3 SEC filings today - 2 Form 4's and this...
http://investor.sirius.com/sec.cfm
Filed Pursuant to Rule 424(b)(7)
Registration File No.: 333-152548
Prospectus Supplement No. 1
(To Prospectus Supplement dated October 28, 2008
to Prospectus dated July 25, 2008)
Sirius XM Radio Inc.
COMMON STOCK
This prospectus supplement relates to the resale from time to time by selling stockholders of shares of our common stock that we have issued to them upon the exchange of XM Satellite Radio Inc.’s 7% Exchangeable Senior Subordinated Notes due 2014, which we refer to as the “notes.”
This prospectus supplement, which supplements the prospectus dated July 25, 2008, as supplemented by the prospectus supplement dated October 28, 2008, contains information about certain selling stockholders.
Last edited by Demian; 01-07-2009 at 07:13 PM.