Joined: Feb 2009
Ok I stand corrected on my theory then. It really is just about Howard trying to extract additional money out of SiriusXM then. His ego is really out of control-he cant stand the idea that anything can happen without him getting additional money, even if in the end he does better because what is good for siri is good for him and his massive stock holdings.
Howard needs to show some good faith and willingness to help the company that so massively overpaid him in the first place. He perpetuates this fantasy that he has saved sirius, that all of the subs are his, etc, etc, when in fact he is the chief reason that the industry is in this situation to begin with.
He's really a petty man that doesn't understand that iphone sub revenue will improve the balance sheet and improve the stock price. SIRI cannot allow the app to be a cash loser between internet radio royalties and his demands.