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Technology Stocks : Satellite Radio & Competing Technologies
SIRI 21.69-6.5%Oct 31 9:30 AM EDT

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From: i-node4/28/2005 11:21:12 PM
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Panero in TMF Interview:

"Major League Baseball was a terrific deal for us. It was an expensive deal, but we thought it was the right deal. You can't make every single investment in every piece of programming out there, because my experience from the cable industry and the pay-per-view industry and other content platforms I have been on is that those kinds of expenses can eventually bury you. We try to make them in a very reasonable way and with the idea that those investments are not just to create a splash because they get a headline someplace but because they are actually going to add subscribers, which adds to revenue and adds to us getting to the cash flow breakeven in certain time frames."
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