Mel - Announcing Best of and Synergies

[demonotaku]

I connected ahead of time on the stream where Mel will talk about the conference Here is atleast hitting points

• Satelite and Transmission 20 Million
• Programing : 60 Million
• Customer Service and Billing: 20 million
• Sales and Marketing 150 Million
• SAC: $50mm
• General and Administrative: 50 Mm
• Research and Development: 25MM

Approx 425 Million - Synergies are still being found out

Best Of Sirius to include

• Howard 100
• Howard 101
• Martha Stewart Living Radio
• Sirius NFL Radio*
• Sirius Nascar Radio*
• Playboy Radio

Best of XM to include

• Opera and Friends
• NHL Home Ice*
• The Virius
• Public Radio featuring bob Edwards
• THE PGA Tour Network

* Sports offerings will also include channels for play by play

A-la Cart Radios and package launch on October 6th with The best of


Refinancing

Feb 2009 - 300mm convert sirius
May - 350mm bank debt XM
December- 400m convert XM


Summary Highlights

• Best Programming expected to drive subscribers and revenue growth
• Enhanced Scale and Competitive Position
• Opportunity to reduce churn
• Increased Advertising Reach
• Continued improvement in subscriber economics
• Improved financial performance through reaization of significant cost synergies
• Accelerated EBITDA and Free Cashflow Generation
• Higly Experienced Management team with proven leadership
• Significant value creation for stakeholders

[James]

Well it looks like none of the stations are going to be bandwidth hogs. I myself would have like to see the Best of XM's to include the 40s and maybe Cinemagic. Oprah (although I would have prefered opera) and Friends, the Virus and the sports channels seem obvious. Why Public Radio, I thought they tried to undermine the merger.

There is nothing there to make want to spend anothe $4.00 a month. Also is that $4.00 per radio or subscription?

[demonotaku]

Well it looks like none of the stations are going to be bandwidth hogs. I myself would have like to see the Best of XM's to include the 40s and maybe Cinemagic. Oprah (although I would have prefered opera) and Friends, the Virus and the sports channels seem obvious. Why Public Radio, I thought they tried to undermine the merger.

There is nothing there to make want to spend anothe $4.00 a month. Also is that $4.00 per radio or subscription?

I would believe subscription

[Lt6201]

I know I pay 12.95 a month for my first one and then 6.95 for the next 3. Does anyone know if the $6.95 would go up for the additional radios?

[Dlite]

Why Public Radio, I thought they tried to undermine the merger.

Bob Edwards used to be on NPR and has quite a following. His show is good enough that it deserves being considered among the "best," and more importantly, he'll attract older subscribers.

[imromo24]

If ala carte radios can come out in 2 months, what is so difficult about engineering an interoperable radio in that time?

[pdhay]

I connected ahead of time on the stream where Mel will talk about the conference Here is atleast hitting points

• Satelite and Transmission 20 Million
• Programing : 60 Million
• Customer Service and Billing: 20 million
• Sales and Marketing 150 Million
• SAC: $50mm
• General and Administrative: 50 Mm
• Research and Development: 25MM

Approx 425 Million - Synergies are still being found out

Best Of Sirius to include

• Howard 100
• Howard 101
• Martha Stewart Living Radio
• Sirius NFL Radio*
• Sirius Nascar Radio*
• Playboy Radio

Best of XM to include

• Opera and Friends
• NHL Home Ice*
• The Virius
• Public Radio featuring bob Edwards
• THE PGA Tour Network

* Sports offerings will also include channels for play by play

A-la Cart Radios and package launch on October 6th with The best of


Refinancing

Feb 2009 - 300mm convert sirius
May - 350mm bank debt XM
December- 400m convert XM


Summary Highlights

• Best Programming expected to drive subscribers and revenue growth
• Enhanced Scale and Competitive Position
• Opportunity to reduce churn
• Increased Advertising Reach
• Continued improvement in subscriber economics
• Improved financial performance through reaization of significant cost synergies
• Accelerated EBITDA and Free Cashflow Generation
• Higly Experienced Management team with proven leadership
• Significant value creation for stakeholders

Is this all sports? Specifically SEC sports?