Quote:
Originally posted by howard
The only thing that worries me is how much they commited to the NFL, Howard Stern and the new CEO...I don't know if they did overpay but it seems it.....It doesn't seem like the subcribers are jumping in that quick. The stock will eith get buried or go through the roof once stern starts his broadcasts..
what determine whether it goes up or down is the expectations of how many new member they should get and not how many they actually get..
|
I am sure you have done the Due diligence on who the new CEO is, and the role he has played in the Entertainment industry.
Mel Karmazin is without a doubt one of ther more influential people in the entertainment space today.
I see Sirius as being the next Comcast, Adelphia, etc. If you think they are going to put on the brakes with audio i would say think again. With the pool of talent they are pulling in and the aggressive tactics they are deploying to build the brand. i definately see this as one of the most progressive and forward thinking groups in the entertainment space today.
With IP delivered content on the horizon, I fully expect to see Sirius with Mel at the wheel to turn the corner into rich media offerings. Keep in mind Mel sits on the board of Movie Link and has a vested interest in the success of digital distribution of full screen video to the desk top, set top box, hospitality industry, and mobile devices.
I think Sirius is going to win this battle folks.