[opendtv] Re: News: Wachovia Forecasts Radio Doom In '09

  • From: Tom Barry <trbarry@xxxxxxxxxxx>
  • To: opendtv@xxxxxxxxxxxxx
  • Date: Tue, 17 Feb 2009 20:04:09 -0500

You might think that when/if Sirus/XM folds it might help more traditional radio stations for awhile.


- Tom


Manfredi, Albert E wrote:
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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