DONE DEAL: Sirius XM Radio Inc. and Liberty Media Corporation have reached an agreement in which Liberty would invest an aggregate amount of $530 million into Sirius XM, in return for an equity stake in the company.
The investment will be provided in two separate phases:
Additionally, Liberty Media will receive seats on the Board of Directors. It's expected that John C. Malone (pictured, left) and Greg Maffei will be seated.
It's important to note that this agreement does not constitute a "change in control" for Sirius XM and are not subject to the approval by the FCC.
"We are excited to be investing in Sirius XM. We have been impressed with the company, its operations and management team," said Greg Maffei, president and CEO of Liberty in a written statement. "Sirius XM's ability to grow subscribers and revenue in a difficult financial and auto market is indicative of how listeners view this as a "must have" service."
"This agreement enables Sirius XM to continue to develop the opportunities first outlined in the merger of Sirius and XM," said Mel Karmazin, CEO of Sirius XM Radio, in a written statement. "By strengthening our capital structure and enhancing our financial flexibility, this investment allows us to continue providing the great content and innovative programming our subscribers know and love."
Amazing, Mel has done it again.
- Liberty will loan Sirius XM Radio $280 million; $250 million of which will be funded today. The loan will bear an interest radio of 15% and come due in December 2012. This loan will save Sirius XM Radio from bankruptcy.
- The 2nd phase will be a loan of $150 million to XM Satellite Radio (Sirius XM's wholly owned subsidiary). Liberty has also agreed to offer to purchase up to $100 million of the loans outstanding under XM Satellite Radio's existing credit facilities.
Additionally, Liberty Media will receive seats on the Board of Directors. It's expected that John C. Malone (pictured, left) and Greg Maffei will be seated.
It's important to note that this agreement does not constitute a "change in control" for Sirius XM and are not subject to the approval by the FCC.
"We are excited to be investing in Sirius XM. We have been impressed with the company, its operations and management team," said Greg Maffei, president and CEO of Liberty in a written statement. "Sirius XM's ability to grow subscribers and revenue in a difficult financial and auto market is indicative of how listeners view this as a "must have" service."
"This agreement enables Sirius XM to continue to develop the opportunities first outlined in the merger of Sirius and XM," said Mel Karmazin, CEO of Sirius XM Radio, in a written statement. "By strengthening our capital structure and enhancing our financial flexibility, this investment allows us to continue providing the great content and innovative programming our subscribers know and love."
Amazing, Mel has done it again.
I'm actually happy it would up being Liberty instead of Echostar — I just signed up for DirecTV and I was afraid I'd lose those XM channels on my service if Ergen took over...
o da baby its ova!!
WTF, get mel out of there. He is totally fucking up satellite radio.
Here it is.
'wound up' being...
Go Mel!
I love the fact that all the pathetic, bitter, haters on this board are S.O.L.!
zero. point. zero.
Does this mean that all the SIRIUS HATERS which
post on this board will disappear into their
terrestial radio cubicles ????
How can anyone say "get rid of Mel" when he's the one that SAVED SIRIUS XM?? And before you say "they wouldn't be in this place if it weren't for him", you should research this company's financial problems and the current economic situation.
SIRIUS XM would have filed for Chapter 11 if it weren't for Mel. Get over it. He's a deal making genius.
Everyone why not give DirecTV a try. I did, last year, and it's much better than Comcast both in cost, selection, and picture quality. Don't let the "dish" and cable's negative ads scare you away.
2 questions
1--what was echostars offer and how is this superior??(im sure it is but curious of details)
2--does this dilute outstanding shares or since its convertable to common later, then not an issue right now?
I would get Direct TV tomorrow (just for the HD channels and the NFL Package) except there are way too many tall trees all around my house. None of my neighbors have it either.
I HATE the cable company, but at least I get Howard On Demand...
Nathan you and people who think like you are full of sh1t. Mel is a train wreck of a CEO and needs to be ousted. He and his yes men cronies who refused to grow a set of balls and tell Mel that he needs to invest wisely in content (not shit storm waste of money shows like mad dog russo). If it weren't for the board I don't believe Mel would have agreed to being bought out.
Oh I get it, Mel is an asshole.
EXCLUSIVE OFFER!
Hey Boys and Girls!
You like satellite radio that is screwed up like hell?
Enjoy lots of senseless DJ chatter on all your music stations?
Like the inclusion of Morning Shows run by interns who just
LOVE to laugh at each other's lame jokes?
Like the fact that talent like Opie and Anthony is being micromanaged
by executives who have less talent?
THEN YOU WILL LOVE SIRIUS RADIO!
That's right kiddies...it can be all yours for $12.99 a month!
But wait! You don't have to pay $12.99 a month. Threaten to cancel
and Sirius will make you offers to stay at dollars less a month! You
don't even have to pay the extra rate increase on secondary radios.
Threaten to cancel and Sirius will make you a deal on that too!
That's because they need to hang on to angry subscribers who are
threatening to quit. They won't let you go, but they will continue to
provide the shittiest music programming around.
....and be sure to thank Jon Zellner who claims to be a friend to all, but
really doesn't give a shit about anyone's opinion.
So come on and join the best Paid FM Programming around. SIRIUS
RADIO where our motto is, "The Customer is always WRONG!"
This is really great news. Mel is expected to update his personal Blog on his website a bit later today to discuss his point of view.
www.theseriouspolice.com
GO TO HELL MEL
EVERYONE who owned stock just lost 40% of their stake in the company...
If it were Bankrupsy, Takeover or partnership.. the outcome is the same. You lost a signifigant portion of your stake in the company...
Liberty media just got 2.1 BILLION SHARES of common stock after they convert their prefered shares.
This is a mess for investors. This is why I did not want the merger, this is why I did not want the issuance of shares to be approved. This is why Satellite radio will die.
"We have been impressed with the company, its operations and management team," said Greg Maffei, president and CEO of Liberty..."
You're kidding, right?
Does Greg Maffei have his own morning talk show on one of the Sirius music channels?
The loan is at 15%. Talk about unfavorable.
You go Mel,now that you've taken care of all that XM debt, or at least some of it, now make us some MONEY!!!!! WAaaaaaaHHHHHHHHH!!!! HEy Now!!!
To all the rubes out there, don't be fooled by any comments made in the next few days.
The fact is when you invest $530 million into a failing company, you DO NOT KEEP THE STATUS QUO.
There will be an entire new slate of execs, and MEL WILL BE GONE WITHIN 90 DAYS. It's that simple. He caused this mess, and so he won't be allowed to waste Liberty's money.
From what I'm hearing this morning, expect the return of some of the former XM execs who were around during the "glory days".
Also expect Martha Stewart and Oprah to be gone as soon as contractually possible. Stern will also take a significant paycut. O&A are more than secure.
Finally, the crimes of Mel and Sirius will begin to be reversed.
Ron & Fez, noon to 3.
As "leader of the pests", you likely haven't heard this: Stern will NOT take a significant "paycut". He's said this himself, that there's no negotiating.
With the terms of the deal and the prefered stock amount, there is a suggestion that the reverse split may be about 180-200 to 1. I'm not saying this is it, but it would make some sense. I just did the calculation of 3.4 billion shares outstanding now, plus 12 million future shares (as x) would make up 100%, and then 40% of those would be (x)... if you do the math you get x to be about 2.26 billion shares, but since they are giving 12.5 million, the conversion is 181 to 1.
I thought about about getting direct tv many years ago BUT I am a hockey fan in Comca$t country soooo no dice. That is why their market share is so large especially in philly.
Second. FIOS came to town when I still had 6 months of free pay channels (HBO, Showtime, Cinemax, etc.) I canceled anyway. Totally incompetent Customer Service.
With that being said, I am so happy Direct TV came in although I would have been happy with anyone except comca$t coming in.
"From what I'm hearing this morning, expect the return of some of the former XM execs who were around during the "glory days".
Also expect Martha Stewart and Oprah to be gone as soon as contractually possible. Stern will also take a significant paycut. O&A are more than secure.
Finally, the crimes of Mel and Sirius will begin to be reversed."
@leader of the pest -- where have you "heard" all of this? It just seems funny how someone who's SN references a show, makes sure his statement says "more than secure".
And before you get all hyped up, I don't subscribe to this radio war nonsense.
I find the best way to handle all the Greg & Tony morons and other assorted obese, bitter virgins on this board is to ignore them.
zero. point. zero.
Do you have any sources for that? It almost sounds too good to be true.
I wonder if there's any chance of Lee Abrams returning.. I think he did a tremendous job at XM, but from what I've heard, he's not fitting in as well at the Tribune.
Goo bye O & A, Martha and O. Go Mel!
"From what I'm hearing this morning, expect the return of some of the former XM execs who were around during the "glory days"."
Ssssshhhh!
Don't taunt the long-time Sirius subscribers.
They have no idea how good the glory days of XM radio really were.
Best to let them think Sirius has been providing the best satellite
radio can offer.
chuckle!
Take your own advice Dumbass!!
HOO HOO HOO!! Tell 'em Fred.
"Goo bye O & A, Martha and O. Go Mel!"
and Goo bye to you sir!!
This is great news for people like me who enjoy Sirius. I was worried that I'd lose my daily Howard and Jay Thomas.
nice. now do something about the marketing and start giving away (or close to it) hardware so the rubes will sign up. That's the only way to go.
15% & a dilution!!!!!!
This is a terrible deal!
Read the 8-K. I don't think the 12.5M preferred shares are a done deal. Mel has not committed to that yet. How could all of the media have gotten that wrong. Unless I am wrong, but I don't think so.
There are some really misguided people in these comments-
1) Mel isn't going anywhere. He is the reason the company is not in bankruptcy. Those that say otherwise know NOTHING about business. Gone in 90 days? I'll take that bet in a heartbeat.
2) There is significant dilution, but Mel just saved you 60%. This company was headed to bankruptcy court at which point the equity holders would have been wiped out.
3) We don't know what Ergen's offer was- but you can be assured it was worse. He was trying to force Sirius into bankruptcy so he could control the company afterward when the equity holders (the common stock holders) would have been wiped out. No way he would suddenly offer the common stock holders 60% of this company.
4) This company is worth more than its current value. Do you think Malone would invest more than half a billion dollars into Sirius if he didn't believe they would make money?
Mel is a genius. Its just a shame that the economy cost Sirius/XM 40% of its value.
Mel... Now FIX these sorry ass contracts given out!
BASEBALL.. renegotiate or die...
OPRAH... Gone
Martha.....Gone
FoxxHole... Sucks
Springsteen... Bye
Mel is the MAN. The stock is climbing!
PS.... 0.0 and their fans, grow up, you guy's are pathetic and epic FAILURES! Someone needs to email a direct link to hackbag to all Sirius executives.. I am sure Mr. Karmazin would love to read the crap over there about him.... Good job Mel!
Rats, I knew I should have bought at $0.05 :p
Mel is not a hero. Mel will forever be known as the man who pioneered the ability to strip radio of all entertainment quality while "legally" turning record breaking profit. Those were the 1990's, Mel. Your strategy to transform satelite into the same type of money grab has failed. It is the dawn of a new day. Content will soon be reborn, and the falafel king will be reduced to managing tanning salons after his failed money grab. Love me daddy. Love me...
WAY TO GET HELP MEL! NOW GET RID OF JON ZELLNER! LETS TURN THIS COMPANY AROUND AND LETS GO UP FROM HERE. I'VE BEEN A FAN OF SATELLITE RADIO SINCE THE DAY IT CAME OUT AND I DON'T WANT TO SEE A FAILING COMPANY! AT LEAST I WILL GET TO LISTEN TO BASEBALL!!!
Very cool! My service stays alive. That makes me happy.
I can see Oprah, Martha and the Foxxhole being terminated. They bring nothing to the table. Springsteen is temporary, but he does have a huge following. O&A will only be brought back if they're cheap as they've proved (judging by their awful morning testicle ratings) that their appeal is limited at best to a few fanatics who don't leave their mom's basements. I doubt Mel cares all that much about them one way or the other.
I can see them keeping some of the more affordable personality-programmed channels and shows like Bob Dylan, Willie's Place and Underground Garage.
Baseball will be renegotiated, but it'll be reupped, somehow. Same with the NFL (though I wonder how this deal with Direct TV/Liberty will affect that).
Stern will remain untouched as long as Mel's in charge. His is the most listened to station on SatRad and it would be corporate suicide to let him go during these very unstable financial times. I look forward to seeing what it will take to keep Howard on Sirius and don't be surprised if he re-ups early next year.
Don't forget, things are still not great, financially, so a lot can happen in the next year. Good and bad.
Liberty media... FIX these awful contracts mel gave out to useless talents.
BASEBALL.. WOO HOO!
OPRAH... Boring!
Martha.....BOO!
Bubba... Be more funny
Foxxhole... This Sucks Man
Mel is a troll. his debt is climbing!
Give up HOO HOO fans! 0.0 is not only UN-Funny its inaccurate nobody gets 0.0 in radio its impossible...even when howie was at WWWW detroit his show was so bad he was barely above 0.0.
but im sure you believe your leader...you donkeys probally though he really was in vietnam... "isnt that right robin" "tell em fred"
"Fred?"
If Howard is such great friends with Mel, and he truly believes that satellite is the future, then why can't Howard just lend Mel the money? He's got more than enough to go around.
So wait you bring up wwww? Seriously you have to go that far back? You sir are fucking dumb.
"Give up HOO HOO fans! 0.0 is not only UN-Funny its inaccurate nobody gets 0.0 in radio its impossible...even when howie was at WWWW detroit his show was so bad he was barely above 0.0.
but im sure you believe your leader...you donkeys probally though he really was in vietnam... "isnt that right robin" "tell em fred"
"Fred?""
I LOVE THE SMELL OF FAILED PEST IN THE MORNING!!!!!
@ iLLRATED, The only one signed by Mel was Foxxhole. He was signed during the merger negotiations, just to keep minority interest up for the democrats on the FCC... Stern brought Bubba and he rest were XM's or before Mel.. At least get it right...
A loan to pay off a loan, Brilliant!
LINTA & DTV both going down today. ....but then again almost everything is.
Great, but they still have not cut costs firing Stern would almost solve the financial problem right there,a sinking company paying some one 500 million is absolutely stupid!
I had DirecTV for years, dropped it for Verizon FIOS last year, and I am glad I did. Picture quality is much better on FIOS for SD channels and their HD pictures are true HD, not compressed like DirecTV's.
Only thing I miss is their Tivo! I don't miss hanging out the 2nd floor window when we have a sticky wet snow to clean the dish off in order to get our picture back.
0.0
The amount of profit Mel and Howie have made for Sirius.
Bring back Fred on 44!
Why is everybody so damned negative? Most of this mess was created when Sirius & XM were competing by trying to outdo each other. Just keep the basic subscription services in the plan, then add sports packages, women's packages, etc. as extra services like DirecTV does. If you love baseball, football, and hockey like I do, you will not hesitate to purchase them.
People calling out O&A fans are hypocrites. Just shut up. Try to stick to things that are actually in the article. You guys bash people so much, I guess you find it hard NOT to. This goes the same for O&A pests, but it appears you guys have more sense.
I love MikeHunts comments. Every single comment has to do with bashing O&A one way or another. Obsessed are we? Regardless of whether you like O&A and hate Stern and vice versa, SiriusXM is gonna be around. Whether it was all Mel or just the fact that DirectTV had a deal with XM before and knows that Sat Radio is still growing. Kudos to whoever sealed this deal. Howard and O&A and Bubba will be around for at least 2 more years(contract wise). If you dont like one or the other, change the fucking channel. There are so many to choose. STOP OBSESSING!!
Make MikeHunt be T-boned by an oncoming big rig listening to O&A
From the Home Office in Tinton Falls
Late Day's Top 10 Reasons Why We Love Sirius So Much
10. That Zellner guy, what a pussycat, he's tough enough to ignore
all the angry subscriber complaints and put an "it's going great" smile
on his face.
9. We all love the fact that in addition to giving us great talents like
Stern and O&A, Sirius feels the need to put Interns with their own morning shows on the music channels, of all places.
8. Everyone loves to hear DJs create their own shows complete with sound effects and lame jokes that step all over the music.
7. We no longer need soup cans with string. We can get the same sound quality through Sirius' limited bandwidth.
6. Everyone loves to hear the words PRICE INCREASE even after Mel said he wouldn't do that. Oh, how stupid of us not to think secondary radios wasn't included in that scenario.
5. Everyone loves to hear the same songs repeated several times throughout the day. Thanks for sparing us from hearing the thousands of thousands of other songs that make up a particular decade. You keep playing "Rambling Man" compadre!
4. "The Customer is always wrong!" displayed on corporate doors. Gotta love it.
3. Terrific idea to trash all the channels that made XM Radio great and put your own brand of shit in place instead.
2. The fact you guys interfere with top talent like O&A. Why would they know how to run a high rated show better than you do?
1. Debt! Debt! Debt!
Why is everybody so damned negative? Most of this mess was created when Sirius & XM were competing by trying to outdo each other. Just keep the basic subscription services in the plan, then add sports packages, women's packages, etc. as extra services like DirecTV does. If you love baseball, football, and hockey like I do, you will not hesitate to purchase them.
"A loan to pay off a loan, Brilliant!"
Yup! One that is at 15%, too! This is only delaying the inevitable.
NJRonbo,
Well posted/said.
I sure hope that these "suits" see the light and boot Karmazin,Greenstein, & Zellner out on their sorry asses. But then again these days, who knows?
I am in favor of having "regional" protests(example:NY,Washington,Atlanta,Charlotte,Chicago,Denver,LA,SF,Seattle,etc) in the near future on the same date to express our displeasure on how Mel & his minions have f**ked up the greatest type of radio broadcasting. I'll go anywhere from Richmond - Atlanta to participate.
Go Mel. Thnk u Mr. Malone. I'll do what I can to support Liberty n its ventures. Howie---be more of a cheerleader. Satrad need your voice out there to sell more subs. Programmers: anytime you inclined to play the Cars or Genesis, opt for Zappa. O n A: I just don't get you; mebe if u sucked Howards ass and paid props, I'd cut u d-bags some slack. FINALLY APPLE-- get the App approved n on my frakkin IPHONE!!!
Oh I forgot:
DirecTV subscriber since 1983,XM since Feb 2002,broke assed stockholder since 2005.
Go Howard, I love listening to Eric the Midget for 4 hours a week. How much does he make to be Howards cruch.
This just in, radio wars stink, O&A are slowly dying and Howard has been irrelevant for years now... all of you need to grow up.
Radio wars are gay and faggot!
Mike Hunt,
I love your name!
Sincerely,
1990
Hey Laptop Gamer,
First off move out of your mothers basement and get your own place. Second...... World of Warcraft is fake pal. Try getting a job. Last but not least..... Firing Howard would be the dumbest move they could make.Lets not forget who brought in the most subscribers. It wasn't NFL,MLB,NASCAR,OPRAH or Martha. Grow up man and get a real girlfriend. I'm sure that hot avatar your seeing will get over it.
LAPTOP GAY-MER...
You are brilliant too I see.... Stern gone = mass exodus, the majority of Sterns contract is already paid... duh.
They didn't file for bankruptcy so Sirius is still stuck with the contracts they have. Liberty now owns 40 percent of the common stock of Sirius so that's 40 percent that current stockholders own now. But I guess owning 60 percent of a stock that has some value is better than owning 100 percent of nothing.
Wow a 15 percent secured loan. That will bite them in the end, but I'm sure Mel just wants to run his fantasy company for a few years and then will turn over the company to his white knight Malone and then move the the Hampton's with Howie and retire.
I love the way Mel's success has the Opie & HairPlug fans in a tizzy of denial.
Don't you dopes realize? Unlike the massively successful Howard Stern, your dying heroes have utterly failed on terrestrial radio. Mel just saved their jobs.
Simply put, this is one of the worse run companies... their "customer service" sucks in that they have no customer service. What further evidences this is the fact that after March 11th, online listening costs $2.85 more. Now they try to justify this decision by saying it is better quality listening, which is simple bullshit.
The only option the offer the consumer is to re-negotiate and commit to a yearly contract, which requires up front payment... and they offer no alternative payment options (quarterly billing).
Plus, I have an XM and Sirius subscription but they offer no "second subscription" discounts although they are a merged company.
Their policies and service simply suck....
Mel is not the problem.
It's his management team. Lesson... look at IPOD. Cool hardware. Keep preaching content, when consumers want COOL hardware. You have the bandwith... how about a wireless ITune? How about instant rebate and service include for x -years at retail level? Sales Team and Engineering Team lacks Vision! Sirius is great, once you are on you will never leave it... Getting on... appealing to kids... that's their challenge.. Second lesson... you cant have 40 Plus old x car stereo radio manufacturer sales people.. making design and lifestyle decisions... for today's 3G consumers!
This is about an expensive commodity -- satellites and bandwith. For Liberty and Echostar, those satellites represent value and what they're really fighting over.
This sounds like what my ex use to do. Get another credit card to pay off the first one. Besides,15% interest??? That's a whole lot of extra dollars being added to the bottom line everyday. 15% on 280-250 million...Yikes! And this is why she's my ex.
Jon Zellner is the problem with the music channels .
We're in a depression, and what do Americans do? Have disgruntles complain about a Co. on the brink of b/k that actually survived, with a tremendous debt-load to sport! TRMP gone today, CHTR last week, and the list is too long to compile!
No, as a long and subscriber, today's trading action was kind-of week, but I thank God I have another day to listen to my Sirius radio, and the opportunity to make some money!
Who knows, maybe SIRI will survive this Depression, and make it to profitability! Wonder what that NAB-bashers would do then?
Thanks for posting a relevant comment. If you could please point out where in the article it says anything about O&A or Howard. I must be blind cause I don't see it. Stop obsessing over this long, drawn out, children's argument.
First off, you O&A / Howie fans need to seriously get a life, a job, a hobby. Whatever it takes, because there are way too many of you morons hijacking this thread and this site.
Second, I see now why siriusbackstage was justified in kicking NJRon-Blow off their site. What an a-hole!
Satellite radio has its issues, and I do miss XM somewhat, but I think there are plenty of other more pressing matters to worry about in our country these days.
If you don't like it, then get lost and don't let the door hit you in the a*s.
I can’t help but to laugh when I read posts stating Mel saved Sirius XM. The truth is Liberty Media saved Sirius XM. If not for Liberty Media Sirius XM would be filing for bankruptcy today. The only credit Mel deserves is he came knocking at the right door and got Liberty Media to bale his sorry ass out.
The Stern vs. Opie & Anthony crowd is sickeningly pathetic. What could be more irrelevant to the majority of people then two unfunny hack radio shows?
Awesome news today, my favorite entertainment device(s) I have 5 subscriptions between Sirius and XM. Comedy from Howard, O @A , Bubba, Ron and Fez plus Ferrell does not get better!!! Mad Dog Radio, NHL, MLB, ESPN, Fox etc the best in sports plus commercial free music....Entertainment does not get better than Sirius and/or XM Satellite Radio!!!! Thanks Mel and Direct TV!!!!
with the failboat set to sail,i was in shock and aww of a wackbagger with a original thought of there own
http://www.wackbag.com/showthread.php?t=103856&page=3
"I have not listened to ONA since late NOV 2008 (after listening nearly every day since summer '99) and i dont plan on listening to them anytime soon BUT i wish the best for them and i hope they go back to sat radio only and are emplyed there as long as they want to be.
I just stopped listening b/c of shit like the "peanut butter hat" bits. Its stupid it takes up too much of the show and its lame. When they are not doing lame shit like that its constant playing of audio clips and talking about it (ala mystery science theater 3000) again zzzzzzzzzzz. And i would have agreed with Cromwell about Anthony if this was 3 years ago but not now. Somewhere along the line despite being paid millions and supposedly doing his dream job Anthony has become this whiney, preachy, bitter old man screaming into the microphone. So bitter and angry its depressing. And not what i signed up for.
OnA are disappointing and embarrassing thats why i dont listen anymore. But good luck on Sat only boyzzzzzzzz.
I know "buy flush fuck, ona win in the end" bla bla bla. Whatever they stink and even they know it. Being off fm might change that but i just dont think they care anymore. Why should i care about the OnA show when they dont seem to care about the OnA show?
__________________
oh
from krocks office today
http://twitpic.com/1jip8
http://twitpic.com/1jipm
"linger longer" and all that jerry lewis telethon shit they say
zzzzzzzzzzzzzzzzzzzzzzz
I fully expected to turn on my receiver Wednesday to nothing...so I am ecstatic that there is a deal in place that will allow Sirius XM to grow and become better. The beauty of Sat radio is that there is something for everyone...Stern or O &A...I don't have to choose because I get both! I agree that I hope the management...whomever survives this transition...gives us great programming.
I had to listen to 2 painful days of terrestrial radio until I could get my new receiver in...I don't want to settle for 18 minutes of commercials each half-hour and all the static of the old AM days...I'm rural so it sucks. Long live Sirius XM and may we all get what will make us happy.
Does this mean THe Virus will be back on DirecTV???
::hopes::
steelsox1,
I hear you, man! I was without my sat radio one afternoon, and I swear to God I almost thought I was going to die without it. I turned on some FM, and the first thing I got was a six minute block of commercials. Then when that was over, I got 5 minutes of banter from a desperate to be witty DJ and his desperate to sound coquettish air head bimbo sidekick broad. She was one of these little teases that is simultaneously putting out a vibe of "please, please do me... but don't touch me." After that borefest, they played some Kenny Rogers and the band Toto. That was followed up with some Christopher Cross, then some James Taylor, and then some Neil Diamond. At this point, I couldn't take it any more; just as I went to turn off this shit, they started playing more commercials! On it's worst day EVER, satellite radio will never be as horrifically bad as this, I thought.
Like you said - IF, and that is the key word, IF they would ever give us what we want, then people will respond and subs will grow. Nobody gives a damn what the delivery method is, but a lot of people give a damn about the quality of the content. Wouldn't you think the management would get this through their thick sculls!