Mel talks to Citigroup

Monday, January 09, 2006

Some key points:
-Activations after Jan 1st looking good.
-Today, midnight - 8:45a ET, activated around 5,000 radios.
-Hardware price point at $49.95 is a sweet spot.
-SIRIUS programming is "so compelling, so sticky, so strong"
-So far January ad revenue is 800 time higher as to all of January 2005
-Noted that ads will not be on music stations
-$3 million saved at CES this year over 2005, they are not looking for more retail outlets.
-SIRIUS had a private show and tell about new products for retails at CES about other items to be out in 2006.
-Video service will be pushed back to 2007
-Launch vehicle deal made to put something up by 2010 the ground spare or something new
Listen to it all here

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