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SiriusXM projected to have lower subscriber gains later in 2023

Was that for the traffic channels, or for the other channels?
That is the way the entire service was transmitted over terrestrial repeaters. I guess you've never been a subscriber, but I'm surprised that you're so unfamiliar with a competing radio service (and technology) that's been around for two decades. Of course, if your radio job is strictly in FM programming or the country music industry, maybe there was never a reason for you to know about the technical aspects of satellite radio. This is one of those situations where letting us know, without providing specifics, what your involvement with the industry is would be helpful. I have nothing to hide but my name -- I'm a retired copy editor who loves radio. But we non-insiders know zilch about you, yet you offer confident statements about all aspects of the radio business here just about every day.
 
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Was that for the traffic channels, or for the other channels?
That is the The entire "ensembles" of Both Sirius and XM Networks. Each use 12.5Mhz total to broadcast the Satellite Channel lineup across the country, From 2320-2345 mhz. The Ground Repeaters send a redundant "Copy" of the satellite lineups.

If they suddenly didn't exist, we would have 25mhz of spectrum, which doesn't do much on a cellular network.
 
According to an article today in RadioInsight, the traffic channels had been dropped back in October 2016, and brought back a few months later, due to "subscriber demand."
Guess that means John must have called or E-mailed to complain.
 
The local boosters continue just as before, but they are intended to fill in shadow areas for the whole spectrum of either Sirius or XM channels. The shadow areas include terrain shadows, bridge / freeway shadows and high-rise building shadows.
Over time, many of the repeaters were never replaced once they went down. Money was better spent on streaming initiatives.
 
Repeaters/boosters/translators- the differences can be confusing.
The article I referenced called them repeaters. Within the past few posts, they were also referred to as boosters and translators.
I believe the three terms all relate to systems that supplement broadcast signals, but are not the same.
 
Repeaters/boosters/translators- the differences can be confusing.
The article I referenced called them repeaters. Within the past few posts, they were also referred to as boosters and translators.
I believe the three terms all relate to systems that supplement broadcast signals, but are not the same.
Since we're talking about satellite radio and not FM, the meanings would be different, anyway.

I would consider terrestrial transmitters that rebroadcast satellite signals as repeaters.
 
SXM announced huge layoffs today, approx 475 positions or 8% of the staff,

Going to be interesting to see who on the on air side gets sent to the beach
 
My guess most would be moved to contractor status rather than employees.

Although they already work that way with a number of people. Some of their channels are outsourced to various contractors, such as Little Steven Van Zant and people like that. Interesting that even subscriber radio such as SXM or NPR, are being effected by the current economy.

Here's a story from All Access:


At one time they had multiple studios or locations in several cities including New York, and the article confirms that've decreased their "real estate footprint." Some of the duplication went back to before the merger.
 
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At one time they had multiple studios or locations in several cities including New York, and the article confirms that've decreased their "real estate footprint." Some of the duplication went back to before the merger.
They were gradually moving toward the contractor-studios-from-talent-home model starting about three years ago. That was a model that Sirius was doing prior to the merger, verses XM, who had a ton of on-premise radio studios in DC, Atlanta, and LA. Once all the technical infrastructure was in place, it makes sense to move forward with that model.

In DC they've been facing a huge capital expense of rebuilding something like 70 radio studios, which all had been built and outfitted when XM went live over twenty years ago. If you make remaining talent contractors outfit their own home studios, and negotiate their rate as a contractor, all those employee benefits and capital expense becomes a non-factor.
 
The stock seems to be responding positively to the announcement. As expected, the stock dropped quickly after the projections made in the OP. It went from $6.20 down to about $4.20, and is up about a nickel today.
 
The stock seems to be responding positively to the announcement. As expected, the stock dropped quickly after the projections made in the OP. It went from $6.20 down to about $4.20, and is up about a nickel today.
The Street loves a good FTE reduction story. It's something simple that analysis understand.
 
At the same time they're adding more "shows" to some of the music channels. The growth of SXM was partly due to being able to hear music without the talk.
 
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