Satellite radio is struggling to stay afloat amid the faltering economy.
Siriusly.
The merged corporation Sirius XM is battling to keep itself out of financial bankruptcy. A New York Times article Tuesday revealed the company had agreed to a deal with Liberty Media securing $530 million.
I realize the company stock is worth some decent money, but what is the future of satellite radio. Apart from its sports programming, which is seemingly the only reason anyone subscribes, there is nothing special about satellite radio. It plays music, sure. Today it seems like everything plays music: Cell phones, computers, iPods, etc.
No one really needs satellite radio.
The digital radio trend began only a few short years ago, something like 2001. In the eight years since, it has struggled with competitive and legal issues and merged to make more money. But just like so many corporations of the times, it might not be enough.
Would anyone miss satellite radio? I doubt it.
Siriusly.
The merged corporation Sirius XM is battling to keep itself out of financial bankruptcy. A New York Times article Tuesday revealed the company had agreed to a deal with Liberty Media securing $530 million.
I realize the company stock is worth some decent money, but what is the future of satellite radio. Apart from its sports programming, which is seemingly the only reason anyone subscribes, there is nothing special about satellite radio. It plays music, sure. Today it seems like everything plays music: Cell phones, computers, iPods, etc.
No one really needs satellite radio.
The digital radio trend began only a few short years ago, something like 2001. In the eight years since, it has struggled with competitive and legal issues and merged to make more money. But just like so many corporations of the times, it might not be enough.
Would anyone miss satellite radio? I doubt it.
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