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Technology Stocks : Sirius Satellite Radio (SIRI)
SIRI 21.78+1.6%Jan 9 9:30 AM EST
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To: kovachs who wrote (5117)9/20/2006 11:37:19 AM
From: pcstel  Read Replies (1) of 8420
 
XM simply rebroadcasts the home teams radio feed. I doubt there are "travel expenses" or any such "overhead" costs involved in that.

The "Home Team" Radio Network pays a Fee to MLB through their franchise fees to broadcast the "Home Team Games". The production costs associated with both the away and home games is paid for by someone (Team owned production compay). If you believe that the local production company of the "Home Team" games, simply gives XM a feed for nothing. You are in serious denial.

60 million a year (plus costs) for MLB, or 100 million for Stern who SIRI has claimed has brought AT LEAST 1 MILLION SUBSCRIBERS GENERATING 155 MILLION IN ANNUAL SUBSCRIPTION REVENUES, not including any Ad Revenue generated.

I will allow the reader to determine which is the "non-performing asset".

And so it goes,
PCSTEL
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