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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR) -- Ignore unavailable to you. Want to Upgrade?


To: psycho_killer who wrote (590)4/29/2003 4:34:26 PM
From: i-node  Read Replies (1) | Respond to of 3386
 
Didn't yahoo purchase BROADCAST.COM and has generated significant revenue from it?

Yahoo did, and I see no indication that broadcast.com has ever generated significant revenue -- except to Mark Cuban, et.al. In the tens of millions of dollars; that I don't know if anyone has ever made a profit on it. Cuban made out like a bandit because, at the time, a lot of people didn't have the good sense to look at the business model before diving in. Yahoo will never, ever make back what it paid for broadcast.com. Not in a million years (this statement was true even before XM released its new PC-based system).

Perhaps BROADCAST.COM was somehow different than IP, but history (and current success of yahoo) seem to refute the statement, "IP is not now, nor is it likely to ever be, a sensible way to broadcast audio".

No, it was IP. And the sound quality sucks. And it sucks up bandwidth. And it is moderately reliable. And a general pain in the ass.

This also seems to refute the monopolistic appeal of XMSR with regards to reaching people who listen to radio from a stationary, remote location.

Have no idea what you're talking about. XMSR has first-rate programming, now being shipped out to those users at a stationary, remote location whether or not they have a decent internet connection, reasonably good sound quality, cheap.

Broadcast.com is history. Cuban was brilliant to get out when he did.