Important highlights from the article I posted:
These are some of the statements that you should find alarming, seeing as you have already given CDRD a 1 billion dollar valuation, without so much as a satellite in orbit:
..."Broadcasters say there are
technical problems with the new services"...
and this:
..."Paul Heine, editor of Friday Morning Quarterback, a radio-programming trade magazine. He said the new services would appeal to "very narrow bands of audience." "...
And the big one:
..."The biggest problem with satellite radio is that it requires a direct line of transmission from the satellites to the antenna, which is difficult to achieve in cities and many suburbs."...
One more:
..."Consumer-electronics manufacturers also have argued that the new radio systems won't work, saying that S-band signals are difficult to receive consistently and would require large investments in land equipment. "If they succeed, we sell radios," said Gary Shapiro, president of the Consumer Electronics Manufacturers
Association. "But based on tests we did ... we don't see how they can pull off a service like this."...
lastly....
"CD Radio and American Mobile are seeking final FCC approval to build hundreds of
Earth-based transmitters or repeaters,....Broadcasters have fiercely contested those plans. John Earnhardt, a spokesman for the National Association of Broadcasters, said that putting up repeaters would be no different than building radio transmitters across the country: "If it's satellite, what's the purpose of putting stations all over the ground?" "
You see, CDRD does not even have permission yet to build the ground transmitters,(the key word is seeking) their system won't work without it, AND it is being "fiercely contested", by those who have a lot to lose......this is by no means a sure thing at all.................;^)
Good luck, you will need it.........;^)
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