is radio/streaming critical to the music industry?

edited January 2010 in General
satellite radio's xmu channel is the "primary indie" channel - the one that makes you really feel like indie has gone mainstream. the show hosts often encourage downloading tracks. they also seem to have an extraordinary budget to get big indie acts into the studio (i.e. sonic youth hosted a week of shows). to me, they seem to be where emu was 5 years ago...playing arcade fire, monsters of folk, decemberists...

obviously they play alot more than that, but my point is satellite radio and streaming seem to be the tools to deliver folks to the dl trough - am i off?

Comments

  • A big question to satellite radio is how many people subscribe to it. Last I heard the XM-Sirus merger was doing just so so. I had a rental car last August with satellite radio and was glad to give it a try when driving through the great plains.

    I can see Pandora though being one of many streaming music sites that could go a way towards helping people move away from mainstream. I don't use it very often, but initially found many new bands through Pandora.
  • Some say yes, some say no, some say maybe.
  • well, the first year of our subscription to xm was rolled up as a "freebie" to the van purchase - which is now 9 months old and we're getting the "time to re-up for 12.95 a month" notice. we'll do it in all likelihood but i question the long-terminess of the product.
  • edited January 2010
    the navigation system re-up is $200 - my guess is navtech and sirius will have some up-side as they start getting performing contracts post cash for clunkers.

    am i wrong?
  • the cat at sirius xm, jake fogelsomething, now goes so far as to tell you where the exclusive dl will be for an upcoming release...i.e. amazon.com - that's free advertising.

    also, they were doing a matador infused hour on the ride into town yesterday.
  • o - navtech was acquired by nokia. let's x in on nokia stock and then see what it is in november.
  • I don't really see the nav stuff helping Nokia much at the moment. Both nav and sat radio are among the first things most people will cut when they need to balance their personal budget. For that reason it seems to me that if it benefits Nokia it won't be until after more of the supposed economic recover gets to "Main Street."

    Craig
  • edited January 2010
    looks like nokia has a number of listings so it'll take a bit of digging to see where navtech rolls up into it.

    point taken on the sat. + nav. cuts in tough times...which should drive down stock over the next few months...but the upswing will come in two waves - one is the clunker crowd (we went from an old grand caravan to a limited ed. t+c). with all the folks who joined in clunkers going from an oldie to the new stock even a modest conversion of 25% retention is a 25% increase in performing contracts - recall you get nav + sat free for one year. the other upswing will be when the economy normalizes and the return crowd returns.

    the key here is to see which nokia stock is linked to navtech...the parent stock is at 13 - still too close to its 52 week high to get excited...

    stay tuned for more of 68freema business power hour. we'll be right back after a word from our sponsors.
  • That's what this country needs...an Internet radio bubble to invest in!
  • there's a few notoriously mortgage-backed security hedge funds in town (i.e. citadel) who paid forbes-reading loafers 25% annual returns for years. now the well is dry and you wonder just who the real crook is.
  • nokia stock up a buck on 65% profit.

    speaking of prophets...

    68freema
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