Originally Posted by pilotfish
What in the world are you talking about??? What "brushed with the law do you refer to???? The man has NEVER had legal issues. Do some research you peice of Monkey S%$T before you run someones name through the mud.
Why has no one else challangeg Pilotshits claims about Stern?? If he only brought over 2 mill subs when he announced (and those are VERY conservative #'s) that translates to 288 mill in annual sub fees.He signed for 5 years thats a total of 1.4 BILLION. JUST FOR SUBS!!!!!!!
When he announced his move to sat rad siri had 700k listeners. It is NOT a coinsedence that they basically pulled even with xm in just 3 short years. So one could argue he is responsible for almost 5 mill subs!!!
BEST investment ever. Hands down.I challange anyone to name a person or company that could have acheived this.NFL,baseball or even Limbough all shit.compared to what he did.
Homer, while I agree with your numbers unquestionably regarding the current limitations on local broadcasting, the question is how long these requirements will stand? DARS is unquestionably gaining a foothold in the radio listening audience. How long can the FCC allow the limitation of not allowing local broadcasting stand before it hurts the public? I would argue that it already hurts the public as a most subscribers to satellite radio already listen to very little terrestrial broadcasts. . . . so while your point about EMS broadcasts is very valid, so too is the fact that when the FCC disallows this service to a significant portion of the population then this rule will be challenged. What is the breakpoint? I certainly will not make an estimate of what that will be, but you tell me; is 20 million (just the current number of subs) people enough to disregard?? I say NO! And with the growing strength of numbers when satrad reaches … what number, tell me? The regulation will fall; it’s just a matter of time. It is nothing more than an NAB stronghold on their antiquated business model. Terrestrial radio will certainly always be around, but the business model to run it like today will surely not be. Yes, this is the $14BB in local ad revenue that they currently rely on. There will surely be concessions to the FCC, and I shudder to think what they will be, but in the end the subscription model will win out. It’s just good business, and we’ll end up diligently doling out our monthly payments just like we now do with cable TV . . . and we’ll have commercials and most likely censorship to boot! Rats, I’ve just ruined everything I love about satellite radio!
PS, It may be a 10 year timeframe, but I don't think it will be a lot more than that. The point about people giving a 10 year timferame 10 years ago is noted, but the satrad industry is just now starting to hit it's stride and the next 10 will be very different.
Last edited by FoolNHisMoney; 03-26-2009 at 01:15 AM.
There's a bit of a difference between "Howard K. Stern" and "Howard A. Stern", LOL...
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We'll just have to disagree then. It's not just the NAB... there is still too many people that rely on terrestrial broadcasts for TV and radio -- who will NEVER get cable or satellite (radio and/or TV). As long as this is the case, the FCC and Congress have an obligation to make sure those industries can stay viable and healthy.
Don't let your disdain for the NAB and Clear Channel cloud your judgement via rose-colored glasses -- to believe that the government will just abandon terrestrial broadcasting. Because removing the regulation on local advertising WILL destroy terrestrial radio, to the point it cannot survive. The FCC knows this and will never allow it to happen... they cannot.
FWIW, look at what Congress imposed on the FCC over terrestrial TV broadcasting -- as they convert over to digital broadcasting. They bent over backwards to accomodate the broadcasters and have done everything they can to make sure they are viable. An example of this are the "must carry" rules, for cable and satellite broadcasters... forcing them to carry both the local analog and local digital transmissions.
Terrestrial TV-only homes make up just 20% of the country now -- with cable/satellite homes at 80%... yet Congress and the FCC are implementing conditions on cable and satellite, to keep the local TV stations viable and healthy. If you allow DARS to take local advertising -- it will put terrestrial radio out of business (and I'm not being overly dramatic... it will); and they reach 75% of the country right now.
If Sirius XM reaches the kind of listenership that terrestrial has right now -- then that will be equivolent to over 100MM subscribers. Again, if this is true then Sirius should not be valued at $0.38/share.
Regardless, my point is that Congress and the FCC has consistantly supported traditional media; and they're not going to stop now and allow an entire industry to go under. What people are suggesting in this thread (allowing local advertising) will do just that, IMHO.
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Last edited by homer985; 03-26-2009 at 08:53 AM.
i tottaly agree, its a simple fact that stern kept sirius from going under to xm. And i did say something earlier to pilot i always gotta defend my boy howard heh
homer are u kidding me? YES SIRI SHOULD NOT BE VALUED AT .38 CENTS
I'm afraid you're not following me... 100MM subs would put the stock value at over $5 RIGHT NOW, based on DCF alone. Do you really believe that any Sirius insider, wall street analyst or other media company thinks that the stock is worth that right now? It's because Sirius is not ever going to reach 100MM subs (based on the current business model). Even at the best of times -- the two companies and anlysts never predicted subs being that high.
Again, the FCC and Congress have an obligation to keep terrestrial radio and TV healthy and viable. Don't let your disdain for radio create wild expectations -- you're only going to be disappointed in the end.
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whos prediciting a 100mm subs, you dont think sirius will ever be allowed to compete for local advertising i think they will, you dont think they will ever hjave a free service with commercials, i do. The fcc will change its retarded rules, watch and learn. You are looking at it through your nothing ever changes glasses, things change, the fcc will change, american will change, and yoyu keep saying terrestrial isnt going anywhere, who is saying its going anywhere? I consider am radio pretty much dead but yea peopkle listen to that still. it will be the same with fm, homer you seem to think retardedass regulation thats been written bye a nutty ass form of the fcc is going to last forever, it wont.
i dont know anybody who relies on terrestrial broadcasts. nobody i know who has terresatrial radio EVEER has their radio actually on, NO ONE LISTENS TOO IT. ph yea they can say they have 250mm listeners but thats just potential not people listening all at once, TERRESTRIAL RADIO WILL LOSE ADVEERTISING TO SATRAD, ANDS EVEN EVNTUALLY LOCAL ADVERTISERS, I WILLL BET U A 1000 RIGHT NOW, THAT IT HAPPENS BY 2030, SIRIUS RUNNING LOCAL ADVERTISING, NOT NATIONALLY EITHER BUT TARGETED TO SPECIFIC REGIONS, 1000 BUCKSHOMER YOU DOWN OR WHAT!
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