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February 5th - MMIX

Internet Radio
listernership UP;

....but

Satellite radio,
not so much!

more...

MOTLEY FOOL: SIRIUS WORST STOCK OF THE YEAR

A Motley Fool column, reprinted at MSNBC.com, points to satellite radio provider Sirius XM's precarious financial situation and the idea that it's "simply not necessary" (given the competition available for free) in charactizing the stock as "uncomfortably likely to go to zero." Columnist Jim Gillies points out the company's huge cash burn, crushing debt, and the possibility Sirius will issue more stock, diluting it to the point of worthlessness.

"A past subscriber myself, I found my use waning in the months following a cross-country trip. As use fell, I found defending the monthly cost difficult — and that was before the economy cratered," Gillies writes. "Free Internet radio is widely available — think Pandora, Live365, and SomaFM… with a host of new mobile applications… and other automakers experimenting with putting routers in their cars that could stream free Internet radio." Read the column at MSNBC.com here.

Courtesy: Kurt Hanson's RAIN: Radio and Internet Newsletter

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We hope you have enjoyed this months issue of our newsletter.
If you have any comments or suggestions please feel free to contact us
at comments@musicSUBMIT.com.

Sincerely,
The Staff @ MusicSUBMIT.com: Internet Promotion for Musicians.