Radio Ink reports that Kagan Research is predicting the satellite radio industry as a whole will reach cash-flow postive in 2008. Brilliant! This incredible insight is brought to us in full detail in Kagan’s Datebook Satellite Radio Outlook 2005: Analysis and Projections for the Industry.
It truly amazes me the level of repetition these analysts can regurgitate over and over, yet using different words they can charge for it all over again! Earlier this year, Kagan gave us an eye-opening discovery that XM will reach positive cash flow by 2007 and Sirius will likely do so in 2008. Brilliant!
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