Mel Wants FOX but the Price is too high

Wednesday, November 30, 2005

On Mad Money today Mel was asked about the FOX News deal. He said that SIRIUS wants to have FOX but the price is too high, he added we want SIRIUS to make money...

Read more about FOX NEWS SIRIUS DEAL Here

Listen to the interview here

5 Comments:

Blogger Dominick said...

I liked a few of the things he had to say. His focus right now is obviously Howard. He mentioned that Howard will now reach 55% more people than the most he's ever had access to. I also liked the comment regarding a possible slowdown in xm retail sales to wit Mel replied: "Absolutely no retail slowdown (at Sirius)" He reiterated guidance on subs and "free cash flow positive by this time next year", which is always welcome, although increased guidance would have been better for those (like myself) who lack patience.

Wed Nov 30, 07:02:00 PM EST  
Blogger Dominick said...

Mel also stated that Stern related sirius sales were going so well, that if Howard were to renegotiate his contract today, they'd have to pay more than 500 million.

That is a huge statement. It means growth is occuring faster than they had anticipated.

Wed Nov 30, 07:22:00 PM EST  
Blogger Damian said...

We will post the audio at 12:01am Thursday. It is embargoed until then, so you can get the full interview

Wed Nov 30, 07:33:00 PM EST  
Blogger wazzu92 said...

Right now I'm totally onboard with Mel. As the owner of TWO lifetime subscriptions, I'm more concerned with this company's bottom line than with one particular brand's ego being salved. I really don't think losing Fox News is going to prompt a sea change of listeners to jump from Sirius to XM, not with the investment in equipment that's required and the subscription signup costs, etc. Besides, Fox or no Fox, Sirius simply has a better lineup and better, more flexible subscription plans. I know, I started out an XM subscriber.

Don't get me wrong, I listen to Fox News; in fact at one point I got almost all my news from Fox. Lately, however, that's no longer the case because I think they've gone from a effort at being "fair and balanced" to a concerted undertaking to counter the other major media outlets' bias. It's as if they said to themselves, "well if ABC, NBC, NPR, et al., are going to be ultra liberal, we're going to be wacko conservative. Then 'fair and balanced' won't apply to what we do, it will apply to what we bring to media as a whole." Take their morning program for example. I've heard Baptists revivals less dogmatic and judgmental than that show.

Personally, I feel that if they want to go, let them. If it helps Sirius' bottom line to let them go, let them go.

Fri Dec 09, 11:58:00 AM EST  
Blogger Scott said...

Glad you think that Fox is no big deal. Personally, I purchased Sirius soley for Fox News. The rest of the programming was just icing on the cake. I and my father will be dropping Sirius when our current subscriptions run out. I wish Mel the best of luck, but Fox customers will go where Fox is, in my opinion.

Wed Jan 04, 11:34:00 PM EST  

Post a Comment

<< Home

Get Around GSI

GSI: Blog Home
GSI: Home
EMAIL/SEND SIRIUS TIPS

Inside SIRIUS Alliance

TSS Radio

Sirius radios, sirius antennas, sirius accessories

SIRIUS Stock Watch

The Coffee Fool

About GSI

We are 100% independent from SIRIUS, unlike other SIRIUS related pages, who have agreements and arrangements with SIRIUS. We do not sell SIRIUS related products and thus we do not worry about any business relationship with SIRIUS. GSI: is a not for profit blog, we do not do this for money like others; with do it out of love for the product. *Some GSI team members are SIRIUS shareholders

Archives

07/01/2005 - 08/01/2005 08/01/2005 - 09/01/2005 09/01/2005 - 10/01/2005 10/01/2005 - 11/01/2005 11/01/2005 - 12/01/2005 12/01/2005 - 01/01/2006 01/01/2006 - 02/01/2006 02/01/2006 - 03/01/2006 03/01/2006 - 04/01/2006 04/01/2006 - 05/01/2006 05/01/2006 - 06/01/2006 06/01/2006 - 07/01/2006 07/01/2006 - 08/01/2006 08/01/2006 - 09/01/2006 09/01/2006 - 10/01/2006 10/01/2006 - 11/01/2006 01/01/2007 - 02/01/2007 02/01/2007 - 03/01/2007 10/01/2007 - 11/01/2007

TSS Radio

Sirius radios, sirius antennas, sirius accessories

Powered By