So happy to hear Maffei finally agreeing with Meyer (and Mel I might add) in basically trashing the streaming music/internet radio business model. Finally. It makes me feel confident that they won't chase acquisitions in this unprofitable space and instead build complementary ip services on their own to enhance sub retention of their core sat subscribers. Very good to hear Maffei and Meyer address the streaming question today at the conference. I am sure Mel would have been even more aggressive in the trashing of internet radio business model but they both did fine.
Business models matter...................