Sirius Beats 6 Million Subscribers and First Cash-Flow Positive Quarter - Orbitcast

Sirius Beats 6 Million Subscribers and First Cash-Flow Positive Quarter

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SiriusSirius Satellite Radio ended 2006 with roughly 6,024,000 subscribers, effectively adding 2.7 million net subscribers in 2006 (that an 82% increase over the 2005 subscriber base).

Based on preliminary financial data, Sirius also achieved their first quarter of positive free cash flow in the 4Q06. A great show of controlling costs.

Reaching this milestone means that Sirius hit essentially smack-dab in the middle of their revised subscriber guidance for 2006 (which ranged from 5.9 - 6.1 million).

Since they ended 3Q06 with 5.1 million subscribers, this means that they added about 904,692 new net subs for 4Q06 (based on the approximate amount released).

Sirius plans to release their full year 2006 financial results in February. 

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61 Comments

Awesome! good news. i expect xm to post an even more impressive year because of their head start in the industry.

Too bad they won't tell you how many of those subscriptions are in vacant cars sitting in lots.

hey Frank aren't those cars sitting on lots actually paid for by whichever car manufacturer the radio is installed in?

Yes it is paid for from the car companies, after sirius pays the whole radio subsidy..kinda like i hand you 10 bucks, you give it to me, and i tell everyone i made 10 bucks from u.

Yes, Sirius has been paid by the manufacturers for those cars.

I'm pretty sure Sirius said 10% of the subs are cars, which means 600,000 subs are cars. However, don't quote me on that.

Sirius pays the car manufacturers $X to install the radio, then the car manufacturers pay Sirius $X for the subscribtion.

Nothing shady there...(sarcasm)

WF

10% of 900k is 90,000

This is a nice surprise! Whats the idiot Cramer going to say as well as our friend who is in love with XM
I do hope XM does well too as this is a sat vs radio war still--I think the internet subs were higher then anticipated--A 900k quarter--very nice and residual sign ups im sure in the 1st Q

Cash flow positive takes into account all costs including whatever monies are paid to the car makers. Don't be morons. This is good news for the entire industry.

Great news. Merger talks are also in full swing. I know this is going off on a tangent, but I am starting to wonder if a merger is truly possible. Sirius is supposed to be releasing some sort of video service. This could be considered as a satellite service similar to Diret tv, which would then mean that they would no longer be competeing solely as a "Satellite radio" provider. In other words, competition would no longer be between XM and Sirius but would also include Direct Tv and Dish Network.


Hmmmmmmm. 2007 will be an intersting year.

My super computer has XM's adds at 585K.
Sirius took 60-65% share..... again.

Wonder who will win the Q's in 2007 with Nascar coming on line.

We still ( all of us ) need a merger to ring the profit bell.

hahaha......... eat crow, xm/0&a homos.

(sorry, got a bit excited from the great news)

Wow....close to 1 million added subs in the last quarter!!!

HOWARD STERN EFFECT!!!!! NASCAR EFFECT!!! WOOO HOO!!!!!

Howard invented Satellite Radio Cash Flow, ya bastards!!!

HEY NOW!!!

This was real surprising news at least. 2006 Q4 will go down in SIRI's record books unless 2007 Q4 gets much better.

Line Graph: http://tinyurl.com/ynyywq

Good job Sirius, but the party isn't over yet people.

Note this line:

"Based on preliminary financial data, Sirius also achieved their first quarter of positive free cash flow in the 4Q06. A great show of controlling costs."

Unfortunately, there are 4 quarters in a year, and Sirius has no chance of being positive cash flow for the next 2 to 3.

XM is bound to have the same results with cash flow.

Wow, Great news. how far did the stock fall. dumb stocks

Wait!! How can this be!?! I thought the fans of the clones over at XM said Stern was a flop!?!?!! lolz...

Great job, Mel, Howard, and everyone at Sirius. The hard work and excellent product is paying off.

Wait, didn't Howard just say on Letterman that Sirius went from 600k to 6million? This sounds like 4million to 6million. I'm so confused!!
Hoo hoo!

I'd hate to know what Mel spent to pull that last 25K subs out of his ass.

doucheman! said:
"Wait, didn't Howard just say on Letterman that Sirius went from 600k to 6million? This sounds like 4million to 6million. I'm so confused!!
Hoo hoo!"

I bet you're confused....... your head must be spinning from the great news from Sirius. You're an o&a fan, you should have enough time to figure it out, i mean, you dont go out, you have no gf, and no social life = fat,pimplyface geek with no friends= o&a pest.

Hey DodgerBlues, here is an idea: stop trying to turn every post on orbitcast into an O&A vs Howard posting battle. why cant you just look at good news and enjoy it? are you so obsessed with O&A that everytime there is good news for sirius you have to bring them up?

You say that all 'pests' are fat losers with no girlfriend etc. yet all you do is post here about how much they suck. what does that say about your social life? you sit around seeking out ways to try and offend O&A fans and 'own' them ONLINE!!

Cool dude. you really stuck it to all those internet dorks who post here.


p.s. posting at hustlerpersonals.com asking chicks what kind of panties they wear doesnt make your argument any better.

"Wait, didn't Howard just say on Letterman that Sirius went from 600k to 6million? This sounds like 4million to 6million. I'm so confused!!
Hoo hoo!"


signing = 600k
start 1/9/06= 3-4m

now 6m

so when do you count? Oh thats right if you are an O&A fan you count 4m cause it makes you feel better

PNess lying yet again. It was Howard who said subs went from 600k to 6 million in a YEAR (including "as I understand" for legal purposes of course). Go watch the link to YouTube provided right here on Orbitcast. Enjoy that crow.

>>>I'd hate to know what Mel spent to pull that last 25K subs out of his ass.

I would estimate $2.75MM. You sound bitter Frontmed. Why?

I hate this place.... nothing works here... ive been here for 7 years.....

hey people who are bitching...SSSSSSHHHHHHHHHHHHHHHHHHHHHHHH

your killing orbitcast.

think 2007 with consist of many joint ventures with various companys.

Also I think Sirius should make a ridicules system for the car with gps, video, and crystal clear sound. Alpine like product.

PNess,

You're a perfect example of Sirius's house of cards. You don't give a shit about sat radio, you just listen to Howard and that's all. To you it's all about Howard vs O&A. What will you do when he retires/returns to regular radio for more money in 4 years? You'll cancel your service just like all the other Howie fans and Sirius will collapse. Maybe that's why Mel is so desperate to have a merger before it happens.

Ryan -- you say it is a great show of controlling costs.

I predict this will turn out to be entirely wrong, and what we will find is that it was a great job of controlling payments for goods and services until after the end of the year.

This is all that is really required. Spend the money like hell -- this they did. Just don't pay the bills until after year end.

"PNess lying yet again. It was Howard who said subs went from 600k to 6 million in a YEAR (including "as I understand" for legal purposes of course). "

Yes because we all don't understand the logic behind "EXAGERATION"

Sorry i am smarter then you and can figure out what he really meant. Oh no thats right he did 5m subs in one year, he must really be that stupid that silly stern jew boy!!!

Also would you like the tapes where he has now said this three different ways, or would you like to just quote the one that favors your point of view....the one that makes stern look like a idiot?

Or how about we quote how many times "your boys" quoted they were more popular then stern, had more subs then stern, were bigger on radio then stern....do you see it yet how these personalities EXAGERATE!!! HUH??
___________________________________________
"PNess,

You're a perfect example of Sirius's house of cards. You don't give a shit about sat radio, you just listen to Howard and that's all"

Sorry Pfreak wrong again. Been sat radio from the begining and remember the first christmas present and the XM boom box...and will continue till the end if there is one.

Now have 2 XM accts in the family and 5 on my sirius acct (just got the stiletto, its great not living off mommy PFreak wait till you grow up!!). Baseball/ Nascar/ NFL/ Stern if they were merged together my family would only have 3 accts. Sigh

now i have to give you credit my friend PFreak ACCT might actually change if stern goes off the air. I ACTUALLY think XM has the better music programing by a mile for my taste. so if there was no stern i know my wife would prob change with me to XM. No need to have both.

So (i hate to say but at least i am man enough to do it vs attack me all the time) you are right there are alot of SternIdoits out there who are only here for Stern. it will be a bad bad day in 4 years even if they merge, you are looking at 1m+ losses in the first year without stern on the payroll.

________________________________________________

Off your stupid topic:
Great how i can get friends to sub when they are on my acct for 1/2 price. they should merg already so cost can be lowered per month because anything more then 10.xx per month seems to be the breaking point at this point.

seems all the people who were willing to pay more then 10 bucks have signed up, now you have those who are on the "won't pay 10+ bucks for something that is free" these are the same type of people who at first did not pay for cable. either content has to increase to make it "worth it" to these people or they have to get cost down.

Sorry PNess, I'm no idiot and neither is Stern. When he made his misleading statement he knew exactly what he was saying. He didn't exagerate, he lied. Did he clarify later? Sure, but not to a massive TV audience. He got his misinformation out there just as planned.

And hate to break it to you but O&A do have more listeners. Terrestrial has a huge reach. There's no real reason to single out O&A, many many shows on terrestrial have more listeners than Stern now. Just a fact of his being on satellite.

BTW, when you say someone is living off mommy, that is an attack so don't later in your post say you're above attacking people, that's the majority of what you do. For the record, I'm probably older than you, own my own home and owned a piece of shit called the Stiletto for over 3 weeks. Then it went back to the store because it gets no reception. And of your listed great things to come out of a merger, I love two of them, NASCAR & the NFL. Never really listened to NASCAR on XM, it's terrible. Never really listened to NFL on Sirius (games are on something called a TV where you get to watch) and both are on regular radio already. Stern is a nostalga act for his hardcore fans. Baseball is really the only thing to crow about. While I don't like it, it's definitely a good radio sport.

"Sorry PNess, I'm no idiot and neither is Stern. When he made his misleading statement he knew exactly what he was saying. He didn't exagerate, he lied. Did he clarify later? Sure, but not to a massive TV audience. He got his misinformation out there just as planned.


So you are now talking about publicity and exageration. Lies, highly doubt it, he either screwed up what he was trying to say or exageratted in order to get more buzz out. guess there is no winning this since people will have either/or opinions.

as for your attacks vs mine, you do nothing but attack. no proof, no dates, no studies, no links, just attack. i looked at ya over at the xm forums too and you do the same thing, just attack with little proof.

"And hate to break it to you but O&A do have more listeners"

see. show me a study? show me the numbers? show me anything but your opinion? sorry if they in fact had more listeners then they would be a tad bit more on the radar then they are, but that is my opinion. although i look at the numbers for each radio station and cannot see how you come up with more then 2m people. Hell XM won't even release numbers, last years report they listed the top 5 and no sign of O&A.


i await your links and studies my friend on this one, i am sure you are man enough to really admit to yourself that the old dried up jew is more popular then o&a....

and I guess that means Stern has 6 million listners now right Pness. Because we all know everyone that signs up for Sirius does so for Howard.

Ah, now I get it. You're a liar too. You looked at me on XM forums did you? I have never posted on any sat radio site but this one. I'm not signed up to any other online forums and don't ever read them. Sorry, you've been exposed.

And again, you end your statement by bringing up O&A vs Howard, the reason for your existence. Enjoy your safe dried up old jew, you're one of the few left that do. You probably one of the mindless that think Adam Sandler's funny.

How did this become a war of words thread? Jeesh.

Ryan, I bet if you removed anyone who posted about Stern or O&A, there'd only be 3 of us left! :P

StackPointer: You do bring up a good point, and one that I quickly mentioned in this post. The associated payments with gaining subscribers is simply deferred to Q1.

This is normal and just a nice benefit that the holiday shopping season provides us with since it's so late in the quarter. So retailer commissions are paid in 2007 and let's not forget about the increased cash from subscriber prepayments either.

It's a seasonal effect.

But there was a good amount of cost controlling as well. Sirius didn't do any massive ad campaigns - they instead leveraged OEM relationships to boost brand recognition.

It's a good, and smart, tactic for a company that has a lot of debt.

Ah, now I get it. You're a liar too. You looked at me on XM forums did you? I have never posted on any sat radio site but this one. I'm not signed up to any other online forums and don't ever read them. Sorry, you've been exposed.
___________________________

YA got me, my mistake thought you were ahigee....

SEE a MISTAKE...gee if i could make one, what would a stupid dried up jew do on the letterman show? hmmm..
______________________________

"And again, you end your statement by bringing up O&A vs Howard, the reason for your existence."

Nope, as i have stated time and time again since i started posting here i am fans of both O&A and Howard the only difference is i am REALITY and you sir are an idiot who only sees one side of the story.

i KNOW o&a are not as popular as stern, does it stop me from listening to both. Nope. Does it make me lie. Nope.


Sorry but you are not willing to admit the easy FACTS are ya because of your blind following of "your" favorite. You are no different then the Stern Zombies, well except they have the advantage of being on the side of the more popular show.


P.S ryan- Oh its so fun i cannot resist.

you can't argue with pfreak, you could tell him that world war 2 happened, and he would argue with you. spell baseball pfreak; ok, b-a-s-e-b-a-l-l. no wrong!

Sorry PNess, you are no O&A fan. I read your posts. You, FaFa, Pockpie, Satradioman, Mike Hunt, etc post nothing but Stern shit. Don't try to pretent to like and listen to something you don't just to appear unbiased. You're not.

You made a mistake? Huh, like Howie you just spoke, threw something out there that was completely untrue. You can't make it okay by taking it back. When you lied to your parents was it okay if you finally admitted it? No, you're still a liar.

Waaahhh, PFreak you sadden me, my life will never be the same.

say what you may, i used to listen to O&A in NY as well when they were still on regular radio only. used to be the only thing that kept me from going postal on my drives out of manhattan.

but FaFa is right, howard can admit 75 different ways he mispoke, lied, embelished, exageratted, ect and you would still be a one sided prick who quotes the same statement over and over and over.

no on also said i was unbiased, i have a favorite show. i have a second show i listen too. i support my favorite show, the other things i listen too don't mean as much... so i guess i am biased toward stern more so then O&A. Can you say that you are not 120% biased in the things you say toward sirius and howard?

hmm guess not

O&A do a completely different show from the one they did 5 years ago. If you don't listen to the current show you shouldn't comment on it. Saying you listened to a different show is like comparing the "Michael Richard's Show" to "Seinfeld". Just because they have the same talent doesn't mean they are the same show.

Howard is no dummy, you must be if you think he "mispoke". Did he lie about sub numbers? Oh, that's right, he did. Did he lie about the gag order on O&A? Oh, that's right he did. He made an ass out of me and everyone of his listeners that supported him and his right to free speech. I'm not one sided, I'm just not a blindly loyal fool. He's a liar. Spin it how you want but if it makes you feel better. Am I biased against Howard? No, I'm a 20 year Howard fan and subscriber but I call a spade a spade and Stern is a liar.

Sorry to sadden you, perhaps you can console yourself with a nice cock in your mouth.

"O&A do a completely different show from the one they did 5 years ago"

Yea it used to be alot funnier then it is today....


hmm cock in mouth, seems you have thoughts of homosexuality you need to take care of, good luck with that, dont be afraid to be yourself!!

pfreak, have you ever thought that pness just doesn't like you? i don't like you; its hard to imagine anyone else liking you. nice little potshot at the end, grow up.

pfreek, do you support O and A more than sat radio? If you can say that and you support their move to free fm then don't you real that you are on the wrong site here?
Just A ?, but you are welcome to throw out some dick in mouth statement.

Stern lied on Letterman. No sane and/or intelligent person can deny it. Stern said Sirius went from six thousand subscribers to six million in one year. Well its actually two years. Look at the numbers. I admit doing it over two years is impressive though.

Don’t just believe every single thing that comes out of this Stern’s mouth. I’m an Opie & Anthony fan and I don’t believe every single thing they say or think they can do no wrong. Stern has to stop the constant lying. Also his listeners have to stop buying it. How do you zombies believe anything he says without doing a little research?

Why are the XM People so defensive. Just chill.

I will tell you this... I've had XM and Sirius experience. Sirius is so much better of a service that it is not even close... better music, better entertainment, better sports, much better quality.

I got Sirius when howard announced his move in 2005. Since then, I got hooked and it spread to my wife, sister, parents, friends... etc.. CANT LIVE W/O IT.

LONG LIVE SIRIUS! LOVE IT LOVE IT.

Listen to me people... if you're on here contemplating what service to get, dont walk, RUN and get Sirius.

How about when O&A were gloating about Sirius lowering their year-end subscribers by 300,000 when XM lowered their year-end subscribers by over 1,300,000. Bad mouthing regular radio for years and then selling out and going back, screwing their audience. How about spitting on a stupid Stern fan and saying it never happened. Censoring Stern fans from saying "Lobster Girl" while saying "We let everyone speak their piece."

O&A lie and spin facts, Stern lies and spin facts. There are zombies from both camps.

Oh no, FaFa doesn't like me. Please. You're such a miserable cunt your wife hates you.

can't wait until sirius mergers with xm and kicks o&a off...all the way to terrestrial radio where they can continue their plunge into obscurity.

howard might boast and brag about numbers but at least he doesn't suck.

Hey, I hope to read more of this battle between pfreak and pness.

Hope you guys aren't done; very entertaining, keep it up *lol*

Does the stilleto allow you to hear live satellite, like an old pair of sony headsets would pick up AM/FM or do you have to record it off your car or home sirius receiver...??? anyway bonaduce's joined adam carolla think I'll stay with that

Canhandlasboy says .... " Listen to me people... if you're on here contemplating what service to get, dont walk, RUN and get Sirius. "

Pockpie says ..... " They did " .

Case Dismissed.

such a kind-hearted young man you are mr spielberg. shows how much of a little man you are when you shoot off these retarded high school comebacks. can't wait for your next one.

Great news!!! I am one of the "new subsribers," and I couldn't be happier!!! Howard is the reason I bought sirius and the only reason I will keep it!!! Rock On!!!
Opee and Anthony SUCK and they should kiss the ground that Howard walks on. Obviously, if Opee and Anthony are on XM you don't need talent to make it on the other satellite carrier.

EDDIE G.

wow...all you guys need to get a life!! Howard lied on Letterman?? Or he mispoke?? Who gives a F**K?? O&A got 35k people to pay for their show...lets discuss that! But who cares!? You morons are arguing over a radio show.
And by the way.....XM missed their numbers.

As someone who has tried both XM and Sirius (XM first, now Sirius), Sirius has by far the better product. I'm not talking Stern. I mean the entire package of sports, music, news, and entertainment. It doesn't surprise me that they are growing faster than XM. XM needs to do a better job on their content.

Amazing that a stock can tank so badly,
while a company is performing so well.

Satellite radio is growing faster than cable TV did.
It is second only to the Ipod right now.

I think the reason, is that the people who own the radio stations,
whose dominance is threatened by this new media,
also control much of the television, newspaper and magazine ownership.

Some independant analysts might praise Sirius...
but the dominant talking heads seem to be actively
looking for ways to put a bad spin on the situation.

As a result, even though things are going fabulously,
the stock takes a steady dive, because people are more concerned about 'appearances',
than they are about actual facts.

Besides Satellite being a threat to terrestrial radio,
many media organizations are pre-disposed to hate Howard Stern,
because of the goofballs that do things like posing as next of kin
and shouting out 'Baba Booey', during live broadcasts.

Howard Stern denies any culpability in such pranks
but he gives the culprits a national audience and much encouragement.


I have Sirius. It's great.
As soon as wireless Internet is ubiquitous,
there will be no reason to subscribe to Sirius,
other than Howard Stern.

hey what's important is 13 million people have decided to pay for radio than listen to that crap on the AM/FM dial. I choose Sirius because of Howard Stern he's the greatest the rest of the channels are icing on the cake.

I am excited in three ways, I am an investor, I love Howard and lastly, the rest of the channels are great too. Go satellite, many of us are rooting for ya in all three ways. Plus, even if I have to pay, I would rather have free speech.

Never guess what. I'm one of the lucky subscribers to the one and only SIRIUS SATELLITE RADIO! I couldn't be more happier then now. If your thinking about joining the team...Don't think about it anymore. Go do get it! It doesn't surprise me that SIRIUS has had this much success. When I heard "The King of All Media" was coming to the team, I thought of one word (Success)!

Bababooey to you all.

I have had Sirius for a year now. When I first got satellite radio I stopped listening to local radio stations. Since then I now have satellite in my house and in my other vehicle. I LOVE IT!!! If you don't have satellite go out and get it. Sirius/XM it doesn't matter. What really matters is free speech and screwing over the FCC. Make sure you check which service offers what you want.

great for the lil doggy company with stern's 500 million taking fridays off and all the subs the doggys count in unsold cars....... wait i think ford carrys the doggy and didnt ford post red ? hmmmmm that's terrible. what the frrrrruuunnnnnkis is the doggy tryin to talk up sales they haven't even made yet and whats doggys stock at under 4 wow hoooo hooo he changed radio. how long did it take for doggy to go fully mobile (not plug record and take with you) ..... yeah..... its to bad they had to pay so much for a HACK who cant work 5 days a week. oh yeah "hes done it all" had they devloped good tech stuff they might have been above 5 a share. but no mr HOO HOO over there said, F you company pay me, its your only out. now they suffering from it.

Does anyone listen to the Be Happy Dammit! Radio show on Sirius LIME 114?

Very interested to hear...

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