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502 Comments
- BurningSand, on 02/11/2009, -6/+242Say what you will, they play better stuff than the local airwaves!!
- PhoenixTx, on 02/11/2009, -9/+173Quick! Someone tell Bill Gates to buy them out! I love my Sirius satellite radia.
- teh_spazz, on 02/11/2009, -12/+128FFFFFFFFFFFFFFFFFFFFFUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU
- zuiquan, on 02/11/2009, -0/+102Seriously guys, bankruptcy does not necessarily mean the company goes away. It's a way to restructure and push debt around. The problem with Sirius right now is the debt issue looming right around the corner. If there weren't this huge credit crunch going on in the economy right now it would be a non-issue for Sirius to extend its debt and they would be rocking and rolling as per usual.
- Shao00, on 02/11/2009, -1/+71my commute is way too long to have them go under....... :(
- JiveRabbit, on 02/11/2009, -0/+67In the mornings, i really dont feel like selecting my music off a unit. And you know what? I enjoy someone picking music, sometimes i get exposed to new music
- gr00vy, on 02/11/2009, -0/+66Chapter 11 does not mean the end of satellite radio. It may mean the end of those that loaned the company money. But the Satellites will keep running.
Iridium died. And there are still satellite phones. Cheaper and better.
If anything, for consumers of Satellite radio, this means more and cheaper satellite radio. - toxicshok, on 02/11/2009, -2/+60Weren't people bitching about the giant "monopoly" forming after the two merged? Kinda shoots holes in their logic.
- colinjnk, on 02/25/2009, -4/+54I wonder what will become of the Howard Stern show if Sirius closes its doors, maybe some sort of podcast.
- Trifold, on 02/11/2009, -0/+50Chapter 11 does not equal Chapter 7. It's a financial reorganization, not a liquidation/dissolution of the company like what happened at Circuit City. The company isn't "dead", and will continue operations as normal. Unless you're a shareholder this honestly doesn't affect you all that much as a subscriber.
If you are a shareholder...my condolences. - getoffmybridge, on 05/05/2009, -0/+47I think "satellite radia" is how Hank Hill would say it.
- threemagic, on 02/11/2009, -3/+50your ipod is only limited to your imagination.. satellite radio delivered music that I had forgotten about, introduced me to things I may not hear elsewhere... all without commercials or breaking the law
- pinkpackrat, on 02/11/2009, -10/+52OMG-RIP
- NipGrip, on 02/11/2009, -2/+43DDDDDDGGGGEEEE..
"Only I didn't say fudge!" - look4bears, on 02/11/2009, -7/+47this new york times article this article is sourced from is laughable.
sirius xm might get rid of howard stern?? really? because i'm pretty sure he's a driving force behind the company, if not THE driving force at this point. - toxicshok, on 02/11/2009, -4/+40and I like my Sirius satellite radio even more!
- NipGrip, on 02/11/2009, -19/+53BABA BOOEY BABA BOOEY HOWARD STERNS PENIS!!
- inactive, on 02/11/2009, -1/+35The article goes on to say that the owner of Dish Network and EchoStar has a stake in Sirius so I will keep my fingers crossed that the sat. station will be able to stay on the air. I couldn't get along without my Sirius...here is a Reuters link with a bit more hope.
http://uk.reuters.com/article/burningIssues/idUKTR ... - czeman, on 02/11/2009, -34/+68I'd sorta like to see him fade into the sunset, never to be heard from again.
- mikelieman, on 02/11/2009, -0/+33By "FM radio" you mean ClearChannel.
- thh204, on 02/11/2009, -1/+33by delaying the merger between the two, they (FM radio and FCC) killed sat. radio. They screwed them into a hole they couldn't get out of. Well, that and that cars don't sell anymore (nearly all of the new subscribers were from new cars being purchased).
- olenick, on 02/11/2009, -0/+32Bankruptcy is likely to strengthen, not destroy, this company. They're drowning in debt but have assets -- the satellites, IP, and subscribers -- that are appealing without the debt. Depending upon how they move forward they'll either face liquidation or restructuring. Liquidation would be the easiest: another buyer could buy the satellites, brand, subscriber base ... everything that is "Sirius/XM" ... for a fraction of the debt. The debt-holders would then be paid whatever the buyer was willing to pay and the debt would be gone; most contracts would also be either wiped-out or forcefully restructured. I'm guessing without the debt payments the company could live on subscription revenue: how much does it cost to play music? So the managers and many of the higher priced disk-jockeys of Sirius/XM are probably destined for unemployment, but the service is likely to continue move viable than it's ever been.
- IphtashuFitz, on 02/11/2009, -0/+30Filing for bankruptcy doesn't necessarily mean the company is doomed. MCI emerged from bankruptcy protection in 2004 and they're still around. Delta Airlines emerged from bankruptcy in 2007 and they're still around. Now I'm not saying Sirius/XM will or won't die (I have 2 Sirius radios so I hope they don't) but just because they're likely to file for chapter 11 protection doesn't mean the company is doomed. Granted it's not a good sign, especially in this economy, but don't write them off quite yet.
- cam0man, on 02/11/2009, -4/+33I knew this day would come, but I love Sirius so much. I mean seriously, I think we can agree that if God had a playlist, it would be Lithium.
- RogerStrong, on 02/11/2009, -0/+26Relax. Sirius XM the company will be gone, but the satellite service will remain - under new ownership.
The service makes money - they simply can't pay off the debt on thier startup costs (satellites, launches, etc.) Someone will step in when it goes bankrupt and buy the assets - giving them a profitable debt-free network.
This happenned before with the Iridium communications network of 66 satellites. Although the system cost $6 billion to launch, private investors stepped in and bought it for $25 million. Free of all the startup debt, it's turning a profit. - shufan, on 02/11/2009, -26/+51My iPod plays better stuff than satellite and local radio.
- VicHislop, on 02/11/2009, -0/+22I'm going to go out on a limb here and say that your car will still work if Sirius XM goes bankrupt.
- mikemil828, on 02/11/2009, -1/+22How did 'Sirius XM Prepares for Possible Bankruptcy' become 'Sirius XM to file for bankruptcy'? Let's not jump the gun here diggers, you'll have your time to celebrate the death of satellite radio, but now isn't it.
- Thefatheroftime, on 02/11/2009, -0/+21Howard has said he would never, ever do a podcast. He hates them.
And if there's one thing you can count on, it's Howard Stern never going back on his...
Did he just get married? - palmer, on 02/11/2009, -3/+23"putting things into orbit in order to download them from space will never be a cost-effective way to get MP3 files into a car."
Way to totally miss the point of satellite RADIO. First of all, you don't download MP3 files from space. Second, the point is to get exposure to NEW MUSIC. Music is dying because all of the outlets are gone. Radio stations only play the .01 percent of popular music that fits their genre and subgenre and niche of the subgenre, and then they never announce the song name and artist. There's no M on MTV anymore. Even VH1 has given up.
The failure of satellite radio leaves Internet radio (and perhaps DMX and Music Choice on cable) as the last source of continuous new music. What we have all lost is the common heritage of music that bonded generations of people together with common memories. What fun will a road trip be when you can't put on a collection of great songs that everyone loved from past years? You can say that "new music is all over the place, you just have to know where to look," but that defeats the purpose. If everybody is rooting around their own little Web sites for obscure songs that only a few others know about, music becomes a solitary passion and we no longer have those great songs that resonate with an entire section of our society.
Want to get people on their feet at a party? The time is running out for that, as new generations come along who don't know the hits of the past and no new ones are created. There's a reason '80s music enjoyed such a huge revival: The '90s brought the closed-mindedness that said a radio station could play Counting Crows but not Tom Petty, regardless of their similarity. Nobody but nobody could imagine playing Rage Against the Machine and the Go-Gos on the same station. That kind of broad exposure was possible in the '80s. The door and the minds closed in the '90s, and today the "charts" are pretty much meaningless.
Thus we foster the future of musical ignorance, inbreeding, and decline. Combine all that with the dynamic compression that the record companies are using to destroy all the old music in their catalogs as well as new, and you have a grim outlook indeed. - inactive, on 02/11/2009, -6/+24UUUUUUUUUUUUUUUUUUUUUUUCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCc
- Coottie, on 02/11/2009, -0/+18I came here to post this. Bankruptcy is not always the end of a company. It all depends on how they file and the idea of XM is a very good one with much potential. I think many people are starting to wake up to the idea now that we more and more people have it in their cars and we've "experienced" it.
Also, I never knew this until I started taking pilot lessons, but the Garmin 1000 uses XM radio to provide a lot of data to their "Glass Cockpit"...their full - color, LCD displays that are used as the primary flight displays in many planes. It's really incredible all the data that pilots of these planes have at their disposal.
I don't think satellite radio is going out of business by liquidation (Chapter 7 filing). I would be willing to bet they're simply going to file for restructure (Chapter 11 filing). Here's a link on Chapt 11:
http://www.uscourts.gov/bankruptcycourts/bankruptc ... - lewystud, on 02/11/2009, -1/+18for me, a loyal customer, that is bad news - I really enjoy the service both in my car and at my computer at home - I guess Pandora will have to suffice
- TrancePhreak, on 02/11/2009, -0/+16Yea, I always browse the internet while driving down the street.......
- brandita, on 02/11/2009, -0/+16That will be bad for the people who paid for a few years in advance in order to get the discount rate.
- RooX, on 02/11/2009, -1/+16I have SiriusXM in my truck. We have noticed that since the merger our favorite station, CHILL, has really changed its style, and not for the better. It use to be some really cool music, but I don't know how many times lately i have turned it on to hear the modern equivlent of elevator muzak blaring on it.
Not sure why, but as we have quickly found, we only listen to 1 station now, lithium. Can't imagine continuing our 15$ per month subscription past our term end. - zuiquan, on 02/11/2009, -1/+16I've never had anything but totally positive interactions with Sirius's customer service. XM I don't know about since I never used them.
- ThisURLNotFound, on 02/11/2009, -0/+15I have NEVER had an issue with Sirius' customer support. I have personally had 2 radios stolen from my car (damn smash and grabs in Boston) and Sirius has always been extremely helpful in getting me a new radio asap. Often times the new radio would be 75% off retail (granted it was a referb, but it worked!). The woman on the phone even gave me tips on where to place the antenna on my car for better reception.
However, like Zuiquan I have never had experience with XM customer support... so that might be a totally different situation. - inactive, on 02/11/2009, -1/+16Holy *****, I just realized that I could drive my satellite radio.
- MicrosoftBob, on 02/11/2009, -0/+14lol - Don't forgot about 'vidya games'.
- Yankees368, on 02/11/2009, -4/+18Lithium sucks, bring back Lucy!
- wilf_brim, on 02/11/2009, -0/+14Ever tried getting wireless in a place like Winnemucka, NV? Thought not. For a large portion of this country, satellite is the only viable way to deliver that kind of content.
- damndj, on 02/11/2009, -4/+17zero...point....zero...
- DaffyDuck, on 02/11/2009, -0/+13No. It's broken dude. The engine is hard-wired to the radio.
- altgeeky1, on 02/11/2009, -2/+15It's called "shareholder value". You have a pile of cash or credit, and if you just sit there say paying off your bills or biding your time.. your shareholders will SUE you. You're supposed to spike the stock price at any cost, so the original venture capital people can sell out.
Any high school dropout could see that XM and Sirius spent themselves into a bigger hole than they could fill. I'm sure these execs all get a million+ golden parachute.
Who wants streaming MUSIC to their car which requires a CLOSED player? Not me! Give me streaming DATA and the player platform of my choice.. and I'm in 100%. - mpobri, on 02/11/2009, -2/+15I wish Stern would do a paid podcast now. I'm tired of having to record his show and The Wrap-Up Show (only things I've ever listed to on Sirius) and transfer to my iPhone.
I'd pay $10/month, Stern would make a LOT more per "subscriber" and cost to broadcast would have to be 1/10th the cost of satellite.
But he'll never do it. He's afraid of new technology. - chuckDontSurf, on 02/11/2009, -1/+14You mean merging two bad business models won't result in success??
- robbob, on 02/11/2009, -0/+13Faction is filled with chatty _Old Kids_
They should just STFU and bring back the Punk channel - jgaspar, on 02/11/2009, -7/+19If someone takes Eric the Midget away from me, heads will roll!
- mikephimikephi, on 02/11/2009, -4/+16CCCCCCCCCCCCCCCCCCCCCCCCCCCKKKKKKKKKKKKKKKKKK
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