Based outside Washington, D.C., WORLDSPACE® (NASDAQ: WRSP) is the world’s only global media and entertainment company positioned to offer a satellite radio experience to consumers in more than 130 countries with five billion people, driving 300 million cars. WORLDSPACE delivers the latest tunes, trends and information from around the world, and around the corner.
The company’s goal is to deliver an unprecedented variety of high-quality audio entertainment and information to global markets in the Middle East, India, China, Africa and Western Europe.
Worldspace Satellite Radio is a unique digital experience offering a wide variety of original and branded programming in multiple languages, to subscribers wherever they are and whenever they want.
A UNIQUE OFFERING FOR THE MIDDLE EAST
WORLDSPACE Middle East, based in Dubai, UAE offers over 50 channels of unique programming to subscribers in the Middle East and North Africa.
WORLDSPACE offers a wide variety of programming with 12 different languages (Arabic, English, Hindi, French, German, Swahili, Tamil, Kannada, Telugu, Punjabi, Bengali and Malayalam), and seven different types of channels: music, news, talk, sports, educational, lifestyle and spiritual.
There are approximately 25 WORLDSPACE-branded channels available. These channels represent the most popular international music genres including contemporary hits, Club, pop, country, Hip-Hop, Classical, R&B, rock, jazz, retro-hits and more. These channels offer a constant stream of entertainment content, advertisement-free.
WORLDSPACE also offers programming from top content providers around the world including: BBC (UK), CNN (USA), NDTV (India), talkSPORT (UK), RFI (France), NGOMA (Africa), Virgin Radio UK, WRN (global public radio), NPR (US) and more.
This unique, uninterrupted round the clock programming is delivered in digital quality sound.
WORLDSPACE has two fully operational geostationary satellites, AfriStar and AsiaStar to reach more than 130 countries across 3 continents under its coverage area.
http://www.worldspace.ae/english/corporate.asp?pg=02
1worldspace was founded in 1990 by Noah A. Samara, its Chairman and CEO, with a mission to provide digital satellite audio, data and multimedia services primarily to the emerging markets of Africa and Asia. A pioneer of digital satellite radio, Mr. Samara was also instrumental in the development of the satellite radio industry through his early involvement with XM Satellite Radio in the United States.
The company's mission is to provide a variety of high quality programming through a subscription-based service that uses low-cost portable satellite radios and is available in underserved markets that today lack programming choice. 1worldspace is the first and only company with rights to the world's globally allocated spectrum for digital satellite radio. Its broadcast footprint covers over 130 countries including India and China, all of Africa and the Middle East and most of Western Europe - an area that includes five billion people and more than 300 million automobiles. Its two fully operational satellites and ground infrastructure are based on proprietary and patented technology.
The Content
The company has assembled an extraordinary combination of news, sports, music, brand name content and education programming which it delivers to Africa, Asia, the Middle East and Western Europe. Currently, 1worldspace broadcasts 62 channels - 38 of which are content provided by international, national and regional third parties and 24 1worldspace-branded stations produced by or for 1worldspace. These stations represent the most popular international music formats including contemporary hits, country, classic rock and jazz.
1worldspace's program directors and radio jockeys operate from studios in Washington, DC, Bangalore, India and Nairobi, Kenya, where 18 original music and lifestyle channels are created for distribution. Four of these stations are also available in the United States, on the XM Satellite Radio network.
The Technology
The 1worldspace satellite network is comprised of two operational satellites that service three large geographic areas through three beams that are each capable of carrying up to 80 channels. These powerful L-band satellites have traveling wave tube amplifiers and on-board baseband processors that link with 1worldspace radio receivers equipped with a special micro-integrated circuit that processes the satellites' high-quality audio and data transmissions.
Broadcasters and organizations can uplink their content through a centralized hub site or an individual feeder link station. The satellite then transmits the signal received from the uplink, to any combination of the three downlink beams.
WRSP (common stock)
Exchange NASDAQ (US Dollar)
Price $0.04
Change (%) 0.00 (0.00%)
Volume 27,674
Today's Open $0.05
Previous Close $0.04
Intraday High $0.05
Intraday Low $0.04
52 Week High $4.00
52 Week Low $0.01
Data as of 12/01/08 3:20 p.m. ET
asm610, World Space was in trouble almost right from the start. The reason is they were based and started in India. The problem with that is India is a poverty state. They never had more then 500,000 subscribers most from India and at a rate of about 4 dollars per subscriber. With those kinds of metrics they were doomed before they had a chance.
XMSR of Canada has more then they do now and it only took them 3 years. SIRI of Canada now has about 1 million in about the same time as XMSR of Canada, and they charge 14.95 (Canadian) big difference.
Last edited by john; 03-05-2009 at 06:03 PM.
Noah A. Samara
Chairman & Chief Executive Officer
Kassahun Kebede
Director
James R. Laramie
Director
William Schneider, Jr.
Director
Donald J. Frickel
General Counsel, Secretary of the Board
asm...
All I know is they BK'd, I want to say Sept or Oct '08. As the only other SatRad provider, I didn't think much of it at the time...didn't give it much issue...