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credit where credit is due . . . Charles reported on this a few months ago including a discussion of Twitter and Sirius XM's pathetic marketing & innovation (sorry we mocked you Charles)Quote:
Originally Posted by SiriusBuzz
Slacker/Pandora continue to innovate and grow while Mel, Frear, Blaylock & Meyer do the circle-jerk . . . just keepin it real.
Right...but how much $$$ they bringing in? Free always attracts a lot of people, till they realize it ain't really free, and that to get the better service you have to pay. And, wait till the talent sees them making $....bye bye free, because the ad revenue probably won't be enough to fund it. And, no sports....that's a huge draw which SIRI has and internet radio doesn't (except for when the leagues do it themselves, like MLB). Like I said, they have overlapping market for sure, but enough differences to keep them from head to head competition. Soon SIRI has iPhone app, which will help too. And, with SIRI iPhone app, number of downloads will directly correlate to cash because you have to pay to get the programming, as opposed to a million slacker downloads for free. SIRI could offer free programming via iPhone for a while, who knows what they'll do. If they play this right, they can prevail. But, no doubt they have to do a major anal-cranial extraction in the marketing dept! :)Quote:
Originally Posted by SiriusBuzz
We don't know how much they are bringing in because they are private but, make no mistake about the fact that they do have a subscription service and they are selling hardware as well.
People throw around the word free an awful low but they do have a subscription based service and that FREE service that is constantly belittled is actually 'ad supported' so, they are making revenue either way.
The rest of what you say is speculation and you might be right (even though I disagree) but, the fact remains... TODAY they are cutting into the bottom line of Sirius XM.
BTW, I personally do not think that a Sirius XM iPhone app is going to add a ton of subscribers or revenue. I think it will be value added for current subscribers but, it will not be the reason that people sign up. UNLESS they offer a free 1-3 month trial (which they will not unless they have been listening to me).
Before anyone jumps in with their two cents... use slacker.com for a couple of days and then get back to me. It is hands down, far and away, better then the online version of Sirius XM. If you are commenting without listening for at least a day, I don't want to hear it. DO SOME RESEARCH.
No argument about the interface being superior to S-XM internet app. That was apparent after 2 minutes. But, you are also making a huge assumption that the 'ad supported model' is making money for them. They could be bleeding cash in an attempt to buy business, a very common startup tactic, and can be successful....or not. But, as you said, they're private company, so who knows. Time will tell. We can both speculate all we want, but have no way to know whether this internet model will monetize. As an example, I've read about YouTube model as not generating enough revenue. Founders got rich by selling the company to Google but now Google isn't making money off of it. They may eventually, who knows. But, I guess my point is that just because something's 'free' on the internet and is 'way cool', it may not monetize. That's the hard part!Quote:
Originally Posted by SiriusBuzz
I've always wondered how the internet ad model works. I know how it is designed, with advertisers paying per click or ads served, whatever. But what I don't get is how legit it really is. Maybe it's just me, but I rarely click on internet ads. They annoy the sh$t out of me. And, a lot of annecdotal evidence seems to indicate that a lot of people feel that way. I spend a ton of time on the internet every day as part of work and just lookin' up junk like everyone else. I practically NEVER click on ads. So, money is coming in from advertisers, but, are they really getting true conversions to actual sales? It's weird. I guess they are, but, something about it smells, especially the 'per click' model. Obviously, ad revenue is paying for much of the internet web presence. but it seems strange. TV ads support broadcasting, but I think there's been a ton of statistical evidence proving the value of TV advertising because your eye is on the screen and not diverted to another part of the screen. Sure, you flip channels or walk out of the room to get a snack, but, think of all the thousands of ads you actually watch. A lot. When on internet pages, I avoid looking at the stupid ads to get to the content I'm looking for. Again, it's weird. just sayin'
Youtube does not have a premium subscription... slacker and pandora do.
Define threat?Quote:
Originally Posted by SiriusBuzz
Charles, does Pandora and Slacker use the same program to generate play lists? Simliar? or completely different?
underway, I'm with you. Those ads annoy the living shit out of me. I'd recommend you download the latest version of firefox along with the adblock addon. It's great. Very intuitive to set up and you can add filters to ads that are not caught. You can also do the same thing with Internet Explorer 8, but it is more of a kludge. I'm guessing it will be more integrated in an up coming version.Quote:
Originally Posted by underway
We have 30 or so folks in my shop as well. A few listen to their own downloaded music. I have Sirius Internet feed and noone has slacker or pandora. Based on my evidence slacker and pandora are not a threat?? :)
Without getting too detailed? They are able to take away from the Sirius XM userbase or potential future userbase. That would be the threat to a shareholder. We already know based on comments and other forums that people actually do switch from Sirius to Slacker and Slacker to Pandora (and all of the other possible combinations), I mean it is happening. I use to listen to Sirius exclusively and that is no longer the case.Quote:
Originally Posted by relmor2003
No, they are different. In addition to their regular programming, you can actually define your own channel with whatever artists you please. I have my own custom station with about 30 different bands and between all of their music and live music that you wouldn't hear on any other radio station, it never gets old.Quote:
Originally Posted by relmor2003