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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
FUBAR the ORIGINATOR
Industry Role:
Join Date: Jan 2002
Location: FUBARLAND
Posts: 67,374
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![]() Just read it on CNN , He already gets a 500 Mill compensation package. How long can Sirius expext to lose $ and still stay in business?
http://money.cnn.com/2007/01/09/news...ex.htm?cnn=yes
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#2 |
Confirmed User
Industry Role:
Join Date: Sep 2005
Posts: 8,113
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big time money being thrown his way
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#3 |
Confirmed User
Join Date: Mar 2006
Location: SoFla
Posts: 2,254
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he got the bonus in stocks, but still....seems excessive!
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#4 |
BACON BACON BACON
Industry Role:
Join Date: Nov 2002
Location: Poems everybody, the laddie fancies himself a poet
Posts: 35,462
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83 million damn
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#5 |
FUBAR the ORIGINATOR
Industry Role:
Join Date: Jan 2002
Location: FUBARLAND
Posts: 67,374
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I saw that, still, he's probably not hurting for lunch money
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#6 |
Confirmed User
Industry Role:
Join Date: Jan 2002
Location: AZ
Posts: 6,373
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Howard said that last quarter Sirius made a profit for the first time since they launched
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#7 |
Confirmed User
Join Date: Sep 2002
Posts: 1,882
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That's makes no sense...
I don't understand how that is possible unless they are operating on the Enron accounting model. Got me scratching... |
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#8 |
A freakin' legend!
Industry Role:
Join Date: Feb 2004
Location: Las Vegas, Nevada USA
Posts: 18,975
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We watched his Private Parts video again the other night, funny as hell!
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Boner Money |
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#9 |
:glugglug
Join Date: Mar 2003
Location: Where the Wild Things Are
Posts: 26,118
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That's way too much capital to have invested in a company like Sirius. I predict he'll be selling most if not all of that stock soon.
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#10 |
8.8.8.8
Industry Role:
Join Date: Mar 2006
Location: Noordermarkt
Posts: 30,509
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wow thats alot of money!
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TAEMDLRMSKRJIXMRLSMRJ. |
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#11 |
Confirmed User
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Join Date: Jan 2002
Location: AZ
Posts: 6,373
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He also got a 200million bonus before he even went on the air last year because so many people signed up
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#12 |
In Tushy Land
Join Date: Oct 2002
Location: Nebraska
Posts: 40,149
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If I were him I'd be selling alot of that stock. it's up 1.8% today. still under $4 though
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#13 |
Confirmed User
Join Date: Sep 2003
Posts: 8,713
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![]() TrafficCashGold Paying Webmasters Since 1996! Awesome Conversions! Fast Weekly Payments! Over 125 Tours! |
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#14 |
Confirmed User
Join Date: May 2006
Location: NC
Posts: 638
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wow that's nuts!
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#15 |
The Face of Romance and the Symbol of Freedom
Join Date: Mar 2005
Location: The America's
Posts: 7,821
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Good for him..I love his style and he just does whatever he wants..
![]() Mr. Romance
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#16 |
Too lazy to set a custom title
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Join Date: Dec 2003
Posts: 11,089
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I'm sure customers will increase. Maybe XM and Sirius need to merge.
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#17 |
Confirmed User
Join Date: Jul 2003
Location: Valley of the Sun
Posts: 5,408
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I think so too. I would sell it all now.
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#18 |
Confirmed User
Join Date: May 2003
Posts: 360
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it is smart. He is their marketing. just yesterday I saw a store display with him all over it.
Think about it. some one is thinking of buying the radio and they are standing in front of a display they have a choice between two. One has a star and the other you don't know. who do you go with? The star. The article says they increased subscribers by greater than 2 million above what the analyst expected. This game is all about market share. Once you win the market then you cut costs. Think of amazon.com |
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#19 | |
ICQ: 197-556-237
Join Date: Jun 2003
Location: BRASIL !!!
Posts: 57,559
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Quote:
At $12.95/month minimum that's over US$8 millions a month....
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#20 |
:glugglug
Join Date: Mar 2003
Location: Where the Wild Things Are
Posts: 26,118
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I heard on the news, that he just registered to sell $22 million dollars worth of that stock.
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#21 | ||
ICQ: 197-556-237
Join Date: Jun 2003
Location: BRASIL !!!
Posts: 57,559
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Quote:
Quote:
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I'm just a newbie. |
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#22 |
Confirmed User
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Join Date: Jan 2002
Location: AZ
Posts: 6,373
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#23 |
FUBAR the ORIGINATOR
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Join Date: Jan 2002
Location: FUBARLAND
Posts: 67,374
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thats 960 mill in a year, 500 of that is part of Stern's compensation package, in one form or the other. That leaves 460 for operating expenses. Wonder how much they lose a year?
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#24 |
Confirmed User
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Join Date: Jan 2002
Location: AZ
Posts: 6,373
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#25 |
Confirmed User
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Join Date: Jan 2002
Location: AZ
Posts: 6,373
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Oh and its not 12.95 times 6,000,000 ..for instance i have 3 subscriptions and 2 of them are about $6/month each
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#26 |
Confirmed User
Join Date: Oct 2005
Location: Frost
Posts: 807
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he's one of the best entertainers ever. He deserves what he gets paid, every cent. His listeners are extremely loyal, and I know a lot of people who just got Sirius just for him.
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#27 |
Confirmed User
Join Date: Oct 2005
Location: Frost
Posts: 807
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his Howard TV on demand is great also
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#28 |
Confirmed User
Join Date: Jan 2006
Location: San Diego
Posts: 802
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I got to get sirius I miss him
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#29 |
Confirmed User
Join Date: Sep 2006
Posts: 1,079
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what a waste of money to some clown
Howard the Clown used to be Bozoo |
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#30 | |
Banned!
Join Date: Jul 2002
Posts: 12,591
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Quote:
using other peoples money and amazing projections.. |
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#31 |
Confirmed User
Join Date: Jul 2003
Posts: 2,109
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its obvious they're making mad money off him... otherwise they wouldn't give him any bonus
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#32 |
Too lazy to set a custom title
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Join Date: Mar 2003
Location: Homeless
Posts: 62,911
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He better be careful. Captain Kirk was getting paid in stock, and got fucked.
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#33 | |
FUBAR the ORIGINATOR
Industry Role:
Join Date: Jan 2002
Location: FUBARLAND
Posts: 67,374
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Quote:
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#34 |
Too lazy to set a custom title
Join Date: Aug 2001
Location: portland, OR
Posts: 20,684
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I listen to him every day. He was saying that around 6,000 people a day sign up for Sirius. That's pretty impressive.
If I were Sirius the one thing I would worry about is the fact that he is getting older and there is no telling how long he will stay in the game. He has 4 years left on his contract. If they average 1.5 million new subscribers a year they will add another 6 million before his contract is up and bring their total to around 12 million. The question is how many of them will stick around if he decides to retire and stop doing the show? I think they are working now to add stuff that people will want in order to avoid a huge drop when he does retire. They added NASCAR and NFL and they are always putting new stuff on there so I think they are trying to use Stern to bring them in and then use the other stuff to help keep them. I'm not sure how well it will work, but he can't go on forever so they need to do something if they are going to stay alive when he does leave. They have to be worried though. Many of the radio stations he was on when he was on normal radio have all but disappeared since he left them. |
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#35 | |
Confirmed User
Join Date: May 2003
Posts: 360
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#36 |
Confirmed User
Join Date: Jan 2007
Posts: 1,300
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Man thats too much!!!
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#37 |
Confirmed User
Join Date: Nov 2004
Posts: 671
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lucky fecker!!!
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#38 |
Confirmed User
Join Date: Feb 2002
Location: Somewhere
Posts: 5,859
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... and shareholders continue to get fucked
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#39 | |
Too lazy to set a custom title
Join Date: Aug 2001
Location: portland, OR
Posts: 20,684
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Quote:
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#40 |
Confirmed User
Join Date: Sep 2006
Location: internets
Posts: 6,954
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thats alotta bones
damn
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#41 |
Confirmed User
Join Date: Jan 2005
Location: Clearwater, FL
Posts: 4,038
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I pay him 15.98 a month for the best TV ever, Howard Stern On Demand.
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#42 |
Confirmed User
Industry Role:
Join Date: Dec 2002
Location: Midwest
Posts: 2,411
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#43 |
**Porntrepreneur**
Industry Role:
Join Date: Jul 2004
Location: New York
Posts: 12,788
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the expense of running the channels also comes out of that $100mil a year. so he's not making that full $500mil and I read an article a few months ago that said they already made a profit on him. they gave him 3 channels to program and he's only using 2. I also have Howard TV and love it.
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#44 |
Confirmed User
Join Date: Jun 2006
Location: Do you care?
Posts: 4,147
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yeh, but i wonder how much they MAKE in the coming years.
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#45 |
So Fucking Banned
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Thats alot of fucking green. King of all media sounds about right.
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#46 |
So Fucking Banned
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#47 |
Confirmed User
Join Date: Jan 2005
Location: Chicago, IL
Posts: 8,452
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Guys, it's a subscriber based business. They go into it knowing they will take losses for awhile as they build up their base.
I think that the two will have to merge eventually to truly be able to make big money. |
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#48 |
Too lazy to set a custom title
Join Date: Oct 2002
Location: Global Traveler
Posts: 51,271
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Wow, that's a lot of money.
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#50 |
FUBAR the ORIGINATOR
Industry Role:
Join Date: Jan 2002
Location: FUBARLAND
Posts: 67,374
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