[opendtv] Re: News: Wachovia Forecasts Radio Doom In '09
- From: "Manfredi, Albert E" <albert.e.manfredi@xxxxxxxxxx>
- To: <opendtv@xxxxxxxxxxxxx>
- Date: Tue, 17 Feb 2009 12:06:48 -0500
Craig Birkmaier posted:
http://www.mediapost.com/publications/?fa=Articles.showArticle&art_aid=1
00330
Wachovia Forecasts Radio Doom In '09
by Erik Sass
----------------------------------
The problem is said to be debt burden. It is also debt burden that is
driving Sirus/XM into bankruptcy. I find it hard to believe that all
radio will vanish, although less hard to believe that the large influx
of new subscribers, needed to keep satellite radio alive, was slowing
down.
Bert
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