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Message from Mel

F

FRR

In my mail yesterday was a flyer that included an important message from Mel. He wanted to let me know that he raised the price of the service January 1, 2012..That is nice of him to let us know after the fact and insisted that the "best is yet to come". He also wanted to let me know that when my subscription is automatically renewed it will be a the higher rate. I may be wrong, but if SiriusXM was "serious" about making money, wouldn't it be prudent to LOWER the price to encourage new subscribers? This might be the last straw for me. With my Ipod, Pandora, and Iheart Radio and a great bluetooth connection in my car, why would I pay for his service? I could take the annual fee, buy another gig of data on my Iphone every month and not have to sweat it.

What a shame. XM was great four years ago but now with the restricted playlists, higher prices, and many more options out in the marketplace, it seems like it has seen its best days. And on April 1, when my current subscription comes up for renewal, I'm afraid SiriusXM with disappear faster than a dress on prom night.

Anyone else out there that received his "message"?
 
I got Mel's note, too. I've had XM for 6 years and that's enough. It has increased nearly 100% since I first signed up.... They've added License fees, "other taxes", local taxes, billing fees and now a sizable rate hike. I'm Done with it, too. Bye Bye Mel....
 
FRR said:
...wouldn't it be prudent to LOWER the price to encourage new subscribers?
Click to expand...
Just as prudent as it would be for the federal government to stop ordering more money from the federal reserve than they plan to ever return.
Blame presidents Woody Wilson, FD Roosevelt, LB Johnson, and Slippery Dick Nixon for transitioning from hard money to fiat currency.
 
ai4i said:
FRR said:
...wouldn't it be prudent to LOWER the price to encourage new subscribers?
Click to expand...
Just as prudent as it would be for the federal government to stop ordering more money from the federal reserve than they plan to ever return.
Blame presidents Woody Wilson, FD Roosevelt, LB Johnson, and Slippery Dick Nixon for transitioning from hard money to fiat currency.
Click to expand...



What does this post have to do with the topic????
 
They are not charging significantly more value for their service, just more Federal Reserve Bank Notes.
In other words, 1 X from a few years ago has precisely the same worth as 1.3 X today.
Consider what they charged relative to gold or silver or bread or beer ten years ago and compare it today. The only things that change value and at a fairly constant rate are fiat bank notes, dollars.
 
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