Are we up because of the strength in the market, because of the feeling that we are getting ever closer to a decision, or a little of both?
Are we up because of the strength in the market, because of the feeling that we are getting ever closer to a decision, or a little of both?
I believe we are up due to the broader market rallying on the sell-off in oil.
Oil is to the market what FCC approval is to satellite radio. Nothing else ultimately matters.
Does anyone think the FCC has the gall to take longer than 500 days? They would just look ridiculous once that headline hits the wires.
I think we're up partially because of the market, but also to close in to the arbitrage difference. At this rate we might be at 4.6 as of Friday.
Here's a bit of opinion re: HD Radio. This guy doesn't hold a high opinion of it.
Q: Cameron Wong of Oak Creek - Do you think there is any future to the so-called HD Radio? Seems like something that isn'r portable is never going to go anywhere and all of the radios I have ever seen are table radios.
A: Tim Cuprisin - Nope. It's the broadcast business' attempt to stave off the challenge from iPods and satellite radio. But it hasn't caught on and I'm just waiting for one of the big chains to drop its HD subchannels.
http://www.jsonline.com/story/index.aspx?id=773331
If HD Radio is as bad as Cuprison indicates, its no small wonder that the NAB is so incredibly desperate to hook its disaster to SATRAD coattails. Let them make their own way. The NAB and its friends have beaten the hell out of many an honest man's stock portfolio with their extended barrage of baseless demands and SIRI bashing.
If the consumer is looking for premium quality audio they have plenty of more enticing options than digital terrestrial radio. At what point do they admit their failed experiment, go back to the masses who, let's admit, will never pay for audio entertainment, and work within the demographic that they still command. Maybe there are people out there who find HD radio to be compelling, but if they are in the minority is all this investment and marketing worth the listening audience? Their traditional business model is still viable if they would decide to reinvest some of that cash on improving programming, and content.
Your house is on fire terrestrial radio, instead of pointing fingers and screaming at your neighbors house for being renovated, how about your put out the flames on your property first.
Taking a wrecking ball to their business model was not a great idea. They saved a fortune firing all those deejays and running canned music. Too bad the customers don't like them. Is it too late to fix it? Probably not, but its gonna be expensive.