New year, same questions. Sattelite radio has been getting a lot of attention lately. The two players, Sirius and XM, have been signing lots of massive content deals and distribution deals, leading to plenty of new customers. However, the big question remains: can they actually make money? It's the same question that's been asked before. Both companies are losing a ton of money, and its not clear that the big dollars to content providers is being made up. Yes, new subscribers are signing up -- but it may not be enough to overcome both the cost of the content, and the expense of launching and maintaining satellites. Is this another case of a cool offering, but a weak business model?
If you liked this post, you may also be interested in...
- Cisco Admits That Foreigners Afraid Of NSA Revelations May Have Hurt Latest Earnings
- SEC Finally Says Companies Can Communicate Via Social Media
- Dell Board Can't Get Into Specifics, But Just Trust Them When They Say: Sell!
- SEC Still Way Behind The Times In Dealing With The Way People Communicate
- Prospectus for Silicon Valley's Next Hot Tech IPO