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It's a done deal!!

T

TheLaffer

Guest
Serrius and XM will merge in the 3rd quater of '07. Mel Karmizan will be President/CEO

A formal announcement will be forthcoming in a few months and official take over sometime late summer/early fall.

Serrius will have control with 54%

Done deal.

Also look for Lee Abrams to exit.
 
LOL!!!! Do we believe a guy who spells Sirius Wrong? and quarter? but spells Mel Karmazin correctly????............That has been predicted ever since O&A went back to FM.They will of course leave XM altogether if the merger happens....doesnt seem likely though.
 
TheLaffer said:
Serrius and XM will merge in the 3rd quater of '07. Mel Karmizan will be President/CEO

A formal announcement will be forthcoming in a few months and official take over sometime late summer/early fall.

Serrius will have control with 54%

Done deal.

Also look for Lee Abrams to exit.
Click to expand...


I am sure the SEC will be looking at this post for sure.
 
I would love to see that as a stockholder and subscriber of both services but I doubt it will happen that way. While Xm's stock is starting to rebound to some degree siri is still in the 3 dollar range where it has been for over a year. The problem with sirius's aquisitions is that they are huge dollar aquisitions that have done something for their subscriber count but havent turned the stock around. The suub revenues havent done that yet and 2007 is supposedly the year that sirius will break even. So having said that they'r enot in any position to aquire Xm and I thik the talk of merger is mostly Mel, being MEL. Wall street loves him and will listen whener he talks as opposed to xm's ceo who the street doesnt really care about. I also think the merger talk was Mel's attempt to move his stock price and it did about a blip. Everyone says that there is not room for more than one sat service. Both companies are supposed to be cash positive by fourth quarter of 07 and while any sort of merger would most likely be done with venture capitol money and stock trades etc I doubt that Hugh Panero would just roll over and say "Ok Mel can be the CEO" WE shall see..........

As far as Lee Abrams being out that should have been the first thing XM did. Abrams is far from a genius. He's a retread and one of the reasons that Fm got to the point that it has with limited playlists etc making Sat a viable option to fed up listeners of terrestrial radio in the first place. The laffer on the other hand cannot spell Sirius nand while his posts are interesting usually he has also made many other predictions that have yet to come true.

Then again at this point I would say anything is POSSIBLE.................
 
The way it really is...(and as TowerBuzz was saying...)

"Both XM and its smaller rival Sirius Satellite Radio Inc. are growing rapidly but losing money as they beef up their technologies and enlist top-shelf entertainment, such as professional sports leagues and popular radio hosts."

Source: http://today.reuters.com/news/artic...1849_RTRIDST_0_INDUSTRY-XM-SUBSCRIBERS-DC.XML

I gather a merge would mean lower cost to obtain the "top shelf entertainment"
in the event that it were to happen, since they would no longer be out bidding each other...?
 
Tower, have you read Abram's blog lately? He's not the devil you make him out to be, and he is part of the reason XM has kept deeper playlists and more compelling content than Sirius. Getting rid of Abrams would not be a smart move.
 
JimmyJames said:
Tower, have you read Abram's blog lately? He's not the devil you make him out to be, and he is part of the reason XM has kept deeper playlists and more compelling content than Sirius. Getting rid of Abrams would not be a smart move.
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Jimmy I dont think he's the devil, I DO KNOW though that as one of the architects consultation and essentially the strangulation of any real creativity out of american rock radio as we know it today, he has now done an about face and Ive seen him quoted in articles about how radio is over consulted etc, and that playlists need to be opened up etc. All I can say is that it's easy to play monday morning quarterback NOW but not if you have always been part of the problem and no matter what his blog may say NOW, TODAY he started the ball in motion. Dont misunderstand, formatics are necessary, look at this board where people try to cannonize WNEW (in the free form days etc) and that station to me has always been the most boring and overly hyped in terms of it's greatness, station that i have ever heard. I disagree on XM's content being mroe compelling than Sirius, I disagree entirely. I think that Sirius's channels in terms of content are far more interesting but you also get what you pay for. Their music streams are programmed well enough but the talent is pretty talentless. Either New York burn outs past their prime, or kids who sound less than seasoned. Considering they pay nothing, the less than seasoned types are no big surprise. THe worst part is that both have (had) such huge potential.
 
Valid point tower, but Abrams is working on a different model now. There's a big difference in thinking when you have 100 plus channels and you're making money regardless of how many people actually listen to, as opposed to terrestrial FM where it's more important to have a listener over the competitor. With XM and Sirius, you can listen to 5, 10 or 1 of their channels and as long as you're subscribing, they're making their money. Thus, more room for deeper formats.

However, I disagree with Sirius' musical choices on a lot of their channels and the overplay of classic rock on so many different channels. I like XM's music and formatting better for my personal tastes. The air talent on either one is of little concern to me, although I enjoy O&A, Bob Dylan, Mike Marrone on the Loft and Ted Kelly on UPop. I can't think of anyone on Sirius I'm compelled to tune into specifically.
 
I have sirius an I can't even spell it right most of the time...

TowerBuzz said:
StereoBrain said:
Dammit... Its not Serrius!!! Its not Syryus!!! Its def not SERIOUS either!!! Its S*I*R*I*U*S!!!!!! Where were you guys raised, Tennessee!?
Click to expand...

YEAH! WHAT HE SED!!!!!!!!!!!!!

What are you guys, IGNORINT?

;D
Click to expand...
 
JimmyJames said:
Valid point tower, but Abrams is working on a different model now. There's a big difference in thinking when you have 100 plus channels and you're making money regardless of how many people actually listen to, as opposed to terrestrial FM where it's more important to have a listener over the competitor. With XM and Sirius, you can listen to 5, 10 or 1 of their channels and as long as you're subscribing, they're making their money. Thus, more room for deeper formats.

However, I disagree with Sirius' musical choices on a lot of their channels and the overplay of classic rock on so many different channels. I like XM's music and formatting better for my personal tastes. The air talent on either one is of little concern to me, although I enjoy O&A, Bob Dylan, Mike Marrone on the Loft and Ted Kelly on UPop. I can't think of anyone on Sirius I'm compelled to tune into specifically.
Click to expand...

Make no mistake about it: Lee's job is to get listeners. If and when they dump him, it'll be because he was a good face for the pr campaign of the first few years of the project but he isn't a contemporary programmer or manager of content and competition for the future.
 
Exactly right however I dont think he had anything to do with getting listeners. I think that was going to happen whoever was consulting it given the enormous dissatisfaction with current terrestrial radio by listeners. Which to be honest Ive never really understood, I mean IT's FREE!.....What is there to complain about?. But that is another conversation. Lee was no huge instrument in getting listeners, Walter Sabo consults Sirius, he's no genius either and doubtful that he has had any part in their subscriber count. Nine times out of ten if you scratch a consultant you find a failed programmer. We all know this.
 
Sounds like "disinformation" to me. It is doubtful that the FCC would approve such a merger, leaving no "across the street" for the consumer. This is exactly why the FCC nixed the Echostar/Direct TV merger. Merging two such providers places the consumer in a corner. If such a merger were to take place, the layoffs would be massive, since the services are basically dupes.
You don't want to go there.
 
If you read my last couple of posts you will see that I like XM much better than Sirius. I hope they never merge. That would not be good. It won't be approved anyway.
 
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