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Sirius Stock Slides

W

WhiskeyRobber

I just don't see satellite winning any ground. It will eventually peter out like betamax against the internets and ipods.

"In my opinion the company is executing well, but there does seem to be a flattening of growth to a slight degree. There are challenges ahead, but nothing that should cause a massive downturn in stock price. If anything, these challenges present pressure on upward movement. "

http://siriusbuzz.com/despite-records-siri-slides.php?utm_medium=twitter&utm_source=twitterfeed
 
They won't be able to keep up the growth pace they have enjoyed over the years. There is simply too much competition for it to continue.
 
They need "value-added" product to the music on SXM. They need to bite the bullet and give everybody a new radio that covers both the Sirius and XM frequency spectrum so that they can stop duplicating all the channels with half the fidelity. One double-wide band, add 50% more bitrates to the music channels so that they sound worth a sh*t again. THEN, hire real music lovers to run the music channels, especially the decades. The 60's is decent, but the 70's channel bites without a real live warm butt in the DJ's chair taking requests, talking about the music and artists and the news of the day and a song that relates to it. LIVE DJ's is the only thing that SXM has to offer over Internet radio, plus they still have too narrow of a playlist, for my tastes. BUT, I doubt SXM / Liberty will do anything and I think that they'll peak-out at 25 million as they've 'jumped the shark' by making more channels jukeboxes and less personality and listener interaction. Do they care? I don't think so, not until they lose about 5 million subs, then maybe, just maybe they'll survey their listeners or actually read some of the message boards about how to bring life back to SatRad. Until then, churn and loss of customer and stock value. I think this is the end of their growth. I went from 4 subs to one sub. Nothing special about SatRad like when XM had "IT".
 
Back when this thread was started in October, the stock had just reached a 52 week high of $4.19. It then dropped to about 3.70. At the end of the year, Liberty announced its intention to buy back all shares, and make the company a subsidiary. That charged up the stock for a week in January, and things have settled down to about the per-share price he offered back then.

The key thing is that what differs Liberty from the people who ran both Sirius and XM is the Liberty people don't know radio. They see radio as a small unhosted service they offer on their cable systems. Sirius & XM were run by former radio people. They know about traditional radio content. Liberty sees SiriusXM as a way of getting into cars, because that is the primary way people use satellite radio. No cable TV company has a way of getting into cars. So my guess is at some point, Malone will consolidate this far-flung operation from various studios around the country into one centralized plant probably in Colorado, where he can run all the channels in a cost-efficient way.
 
WELL...big change today. Liberty announced today that it will no longer pursue buying all outstanding shares of Sirius/XM. It will retain its 53% stake, and sell any remaining shares. I can't imagine that to be good news for the stock price, although I think a lot of people were shorting the stock in the hopes of there being a battle that would raise the price. Cooler heads prevailed, the stock has settled below the originally offered price, and now Liberty changes its mind.

At the same time, I expect this will mean status quo for operations, with no new products offered, and no change in services.
 
Continuing to run Sirius and XM in parallel is not a good long term move. They should have decided to sunset Sirius (or XM) and end the support of new receivers for the format not chosen. As time passed by, the number of in-use receivers for the unchosen format would decline, allowing eventual takeover of the full bandwidth by the chosen format, with limited complaints. Also - they could decide now on new specs for receivers in the chosen format, which would provide full spectrum reception of that format in the future.
 
All they have to do is stop making Sirius radios and mail an Onyx Express-EZ to all Sirius customers; job done; all spectrum on XM hardware from Jan 1 2015 onward. Probably means XM subs will also look forward to a subsidized receiver that covers the XM and the Sirius bandwidth as well. I say they do it now - and don't wait. Duplication is a waste of bandwidth and it could result in an immediate improvement in digital audio quality if they raise all the bitrates on the music channel by 30%, they can still add another dozen stations. Let's do it boys.
 
When the feds permitted the merger several years ago there were lots of promises from Mel about all the changes and how they would benefit the listeners. Within a very short time changes were made, but nothing to benefit the listener. Playlists were reduced, features eliminated, and prices increased. No wonder they aren't getting richer.....I subscribe 5 months at a time for 25 bucks and if they ever don't want to renew at that rate I am gone.
 
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