Passing the new royalty rate for music onto you . an Xm employee leaked this on Xmfan http://www.xmfan.com/viewtopic.php?t=103093 how do they think this is a good idea ?
SIRIUS XM SATELLITE RADIO FORUM
Passing the new royalty rate for music onto you . an Xm employee leaked this on Xmfan http://www.xmfan.com/viewtopic.php?t=103093 how do they think this is a good idea ?
wait for the spin the media trys to put on this issue, if or when, its reaches the press it could contribute to more near term, downward pressure on the share price. as it could be an indicator that points to more loss from the subscriber base.Originally Posted by fm no more
I understand why but tend to agree with Ryan on the numbers used in the information.
i think there will be more Subs lost this quarter because of this, especially since there are so many alternatives to SiriusXm as far as music goes that are free and allow you to program channels yourself like Slaker and Pandora. Not to mention ipod's.
one of the members of a radio board posted whats below, as this issue and information has already reached into their world. get ready for the trades to spin this issue
Posted by stan on May 29, 2009 at 00:19:45:
In Reply to: Sirius XM May Pass Along Music Royalty Fees posted by Barry on May 28, 2009 at 23:23:34:
I just looked at my online invoice. There's a line item for "Music Royalty Fee", but it has a zero dollar amount.
Last edited by tim wallick; 05-29-2009 at 07:08 AM.
Hey Charles, now we can talk about people leaving because of a increase, I would not blame them myself, after the second increase in almost as many months.
I think the timing could not be worse for them.
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