Author Topic: SIRI - Sirius XM Radio  (Read 93989 times)

SHDL

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Re: SIRI - Sirius XM Radio
« Reply #230 on: June 04, 2020, 03:49:30 PM »
Iím not particularly bullish on this either, but isnít the bull (or at least non-bear) case that they are in the content production business (like Netflix et al) as opposed to just the distribution business (like the satellite TV cos)?

The point about melting ice cubes spending all their money on buybacks is a valid one. You really need to hope Mr Market offers you a good price to sell into with such situations if you are just a minority shareholder.


scorpioncapital

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Re: SIRI - Sirius XM Radio
« Reply #231 on: June 05, 2020, 03:04:59 PM »
Maffei said on the recent podcast that audio was a niche market he could be the King of it all. While in video scripted content there was no chance to compete with the amount of content out there. Not sure if this is his only thesis for Sirius. Niche market is great if it's got some scale and is not going anywhere. Frankly I am amazed radio is still around. And I hope they have the fortitude as they always have had to exit when the thesis has peaked.

RadMan24

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Re: SIRI - Sirius XM Radio
« Reply #232 on: October 06, 2020, 01:43:04 PM »
https://www.bloomberg.com/news/articles/2020-10-06/howard-stern-sirius-xm-deal-could-pay-over-120-million-a-year

Headline says it all - basically contract is around $120m to keep Stern, and that he had discussions with Spotify but they didn't go far. Subject to change till final. 


Happy

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Re: SIRI - Sirius XM Radio
« Reply #233 on: October 08, 2020, 06:42:13 AM »
Howard Stern apparently said at his show that they are NOT close to a deal yet. Probably just negotiating tactics to put pressure on SIRI to give him the best deal.

RadMan24

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Re: SIRI - Sirius XM Radio
« Reply #234 on: October 08, 2020, 09:58:47 AM »
Howard Stern apparently said at his show that they are NOT close to a deal yet. Probably just negotiating tactics to put pressure on SIRI to give him the best deal.

I think he was saying he hasn't seen the contract for $120 million, but if it was that amount, he would take it.