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Possible Sirius-XM bankruptcy
Posted: Wed Feb 11, 2009 4:39 pm
by jrenwick
This is potential bad news for those of us using Garmin 396 and 496:
http://www.nytimes.com/2009/02/11/techn ... io.html?em
Re: Possible Sirius-XM bankruptcy
Posted: Fri Feb 13, 2009 6:45 pm
by n3437d
You sure hit a topic that has been on my mind the past few days. I should know the answer but I have not prepared myself. I ALWAYS have a plan "B". This time I do not.
Does anyone know of a satellite weather service out there comparable to XM Aviation weather - I have come to use it alot particularly the winds - and please refrain from telling to contact Flight Service - I do I want to see trends.
Thanks to anyone that has information.
Joel \
N3437D
Re: Possible Sirius-XM bankruptcy
Posted: Fri Feb 13, 2009 11:12 pm
by 3958v
I guess I would miss my XM weather but it seems to me any company stupid enough to pay Martha Stewart or Howard Stern $100 million a year deserves to go belly up. Bill K
Re: Possible Sirius-XM bankruptcy
Posted: Sat Feb 14, 2009 12:53 am
by GAHorn
3958v wrote:I guess I would miss my XM weather but it seems to me any company stupid enough to pay Martha Stewart or Howard Stern $100 million a year deserves to go belly up. Bill K
AMEN!
Re: Possible Sirius-XM bankruptcy
Posted: Sat Feb 14, 2009 3:33 am
by blueldr
3958v
How unfortunately true. I couldn't believe they were serious when I read about their contracts.
Re: Possible Sirius-XM bankruptcy
Posted: Sat Feb 14, 2009 3:38 am
by jrenwick
The thing I wonder is whether, under new management, somebody can make this business go. Reportedly both XM and Sirius were losing money before they merged. Where will any new money come from now? Guess we'll have to wait and see....
John
Re: Possible Sirius-XM bankruptcy
Posted: Sat Feb 14, 2009 4:05 am
by blueldr
Sounds about par for the course.
The CO and his cohorts get rich and the stockholders get screwed.
Re: Possible Sirius-XM bankruptcy
Posted: Sun Feb 15, 2009 12:11 am
by Brad Brady
blueldr wrote:Sounds about par for the course.
The CO and his cohorts get rich and the stockholders get screwed.
And what about poor Martha and Howard?.......Brad
Re: Possible Sirius-XM bankruptcy
Posted: Sun Feb 15, 2009 2:20 am
by n3437d
Other than Martha and Howard -- does anyone know about alternative soucres for radio weather when and if XM goes black?
Joel
N3437D
Re: Possible Sirius-XM bankruptcy
Posted: Sun Feb 15, 2009 7:29 am
by N2540V
Brad Brady wrote:And what about poor Martha and Howard?.......Brad
Martha did not like the electronic bracelet she got from Uncle Sam last time.

Re: Possible Sirius-XM bankruptcy
Posted: Fri Feb 20, 2009 4:24 am
by jrenwick
Sirius XM has a new part-owner, and enough new money to keep them out of trouble for a while:
http://www.washingtonpost.com/wp-dyn/co ... 00928.html
Sirius has $2 billion in annual revenues and 20 million subscribers. I had no idea! A few mil to some popular talent doesn't seem like so much any more (but they still have to get their heads above water somehow...).
John
Re: Possible Sirius-XM bankruptcy
Posted: Fri Feb 20, 2009 1:35 pm
by GAHorn
jrenwick wrote:... A few mil to some popular talent doesn't seem like so much any more (but they still have to get their heads above water somehow...).
John
If I used my personal airplane more regularly or for commerce, I'd sirius-ly consider

subscribing to a wx broadcast and I'd buy an upgraded Garmin that could utilize the servce.
But I have to say, the debauched executives we see/hear so much about, and their marketing-decision-making puzzles me. I think if Howard Stern or Martha Stewart endorsed inner-tubes I might resort to hard-rubber tires.