It's Official. I'm A New Media Visionary!
Two years ago today I made a very bold statement about podcasting and how it would affect satellite radio.
Yesterday the news came across that XM and Sirius satellite radio announced plans for a merger.
So what's the deal here? It's the same deal that I said it would be.
"Both players in the game, Sirius and XM, are losing cash by the bucketful."
"At this point the name of the game for both these players is survival."
"They've spent way too much money to establish a space based version of regular radio, while podcasters have pooled together to create a land based worldwide network with almost no central investment."
Read the original post to get the entire diatribe. There's not much left to say except that if the merger doesn't go through there will be a few useless satellites orbiting the earth two years from now.
Yesterday the news came across that XM and Sirius satellite radio announced plans for a merger.
So what's the deal here? It's the same deal that I said it would be.
"Both players in the game, Sirius and XM, are losing cash by the bucketful."
"At this point the name of the game for both these players is survival."
"They've spent way too much money to establish a space based version of regular radio, while podcasters have pooled together to create a land based worldwide network with almost no central investment."
Read the original post to get the entire diatribe. There's not much left to say except that if the merger doesn't go through there will be a few useless satellites orbiting the earth two years from now.
Labels: podcasting, prediction, sirius, xm
Recommend Podcast NYC To Your Friends
posted by PodcastNYC.net at 7:52 PM
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