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View Full Version : Serius and XM in big trouble

SteveR
11-19-2008, 12:47 PM
Shares for Serius and XM have fallen more than 90%, to just 17 CENTS a share. And being that both Serius and XM rely a lot on new cars sales from the Big 3 that offer both services, the dramatic slump in car sales hits them too.

http://money.cnn.com/2008/11/19/markets/thebuzz/index.htm?postversion=2008111913
2RARE84s
11-19-2008, 12:53 PM
Are you Serius!!??!? Couldn't resist... :mrgreen:
BigAls87Z28
11-19-2008, 01:44 PM
But only people directly working for the Big 3 are gunna be hurt I thoughts?
Knipps
11-19-2008, 01:45 PM
holy ****.
BigAls87Z28
11-19-2008, 01:49 PM
XM is also in Acura/Hondas and I want to say BMW?
Sirius is in a few Korean brands. I dont think Toyota has a sat. radio option.
SteveR
11-19-2008, 01:52 PM
XM is also in Acura/Hondas and I want to say BMW?
Sirius is in a few Korean brands. I dont think Toyota has a sat. radio option.

Sirius is in Ford too.
Mike
11-19-2008, 01:54 PM
what does that mean for those of us that paid for 3+ years
BigAls87Z28
11-19-2008, 02:02 PM
If they go BK, you are effed. Sorry. Unsecured debtors get to the back of the line.
Tsar
11-19-2008, 02:06 PM
Sirius is in Ford too.
Audi too
88Z-Man
11-19-2008, 02:10 PM
XM is also in Acura/Hondas and I want to say BMW?
Sirius is in a few Korean brands. I dont think Toyota has a sat. radio option.

Sirius is in Toyotas. Was offered in my XB.
LTb1ow
11-19-2008, 02:22 PM
If they go down, wtf happens to all their satellites?
Tsar
11-19-2008, 02:37 PM
If they go down, wtf happens to all their satellites?
Let's see, the satellites will become space debris just like the majority of other used satellites that weren't sunk in the ocean.
LTb1ow
11-19-2008, 02:38 PM
Thank you Mr sarcasm. I meant like will another company be able to buy em up and start another satellite radio or keep XM alive?
SteveR
11-19-2008, 02:40 PM
Thank you Mr sarcasm. I meant like will another company be able to buy em up and start another satellite radio or keep XM alive?

I'm not sure if they own the satellites or if they lease them from the government. If they own them and they go under, they'll become property of the bank and sold off. If they're leased out, then the gov will put them up for re-lease.
WildBillyT
11-19-2008, 02:40 PM
If they go down, wtf happens to all their satellites?

They go to West Coast Customs to be pimped out.
BigAls87Z28
11-19-2008, 02:42 PM
I belive XM and Sirius own the sats.
I wonder what happens to all the XM-SatNav links that are in so many luxury cars now? GM and Honda both have XM traffic that can work with thier sat nav units in the cars to help divert the vehicle around traffic.
SteveR
11-19-2008, 02:46 PM
I belive XM and Sirius own the sats.
I wonder what happens to all the XM-SatNav links that are in so many luxury cars now? GM and Honda both have XM traffic that can work with thier sat nav units in the cars to help divert the vehicle around traffic.

If it's tied into an XM/Serius broadcast, it'll go off the air.
BigAls87Z28
11-19-2008, 02:47 PM
Well, I guess thats a big duh.
Iroc-z86
11-19-2008, 03:23 PM
they better not go down! they just became one and i am so close to getting all the awesome channels, just waiting on a new radio cause the one i have is a pos.
cdacda13
11-19-2008, 04:52 PM
I was one click away from buying an in-car Sirius unit for my truck when I was told about this a few days ago.

I'll be pissed if they go down. I can't drive long distances without my Sirius.
maroman88
11-19-2008, 06:23 PM
never saw the point or had the need for this.... esp since the IPOD was invented lol
79CamaroDiva
11-19-2008, 08:22 PM
never saw the point or had the need for this.... esp since the IPOD was invented lol

with iPod you have to download all the songs, and think about what you want to hear.. with satellite, no illegal downloading or paying for songs, and no worrying about the songs that you like but keep forgetting to download

I was one click away from buying an in-car Sirius unit for my truck when I was told about this a few days ago.

I'll be pissed if they go down. I can't drive long distances without my Sirius.

yeah, me too. glad i never splurged for the 3 years though.. i only buy a year at a time
shane27
11-20-2008, 01:02 AM
never used either of them. i cant understand this paying for radio stuff
Mike
11-20-2008, 01:37 AM
yeah, me too. glad i never splurged for the 3 years though.. i only buy a year at a time

yeah, at this point i regret that more than wayfast regrets a 12 minute blowski
Savage_Messiah
11-20-2008, 02:06 AM
yeah, at this point i regret that more than wayfast regrets a 12 minute blowski

BWAHAHAHAHAHAH


thanks for making me laugh otu loud in the silence of my house at 3 am
Knipps
11-20-2008, 10:25 AM
woo! 14 cents now... :rofl: I did the same thing Kasey
KGP
11-23-2008, 06:06 AM
i havent listened to any free radio since i got my sirius.

even though i love them... ipods are going to be a thing of the past as well. apple isnt going to last even though i admire them and the way itunes is put together. the music industry as a whole has changed SO much....
the coming years are going to be interesting...
BigAls87Z28
11-23-2008, 10:10 AM
Apple has always stayed ahead and started trends.
enRo
11-23-2008, 12:08 PM
Apple is crapple.
Tru2Chevy
11-23-2008, 05:30 PM
ipods are going to be a thing of the past as well. apple isnt going to last

Apple may not have much market share with their computers, but the portable music market is in the palm of their hand, then through 7 generations of iPods they have kept it there. I don't see them screwing that up anytime soon.....

- Justin
badzracing
11-23-2008, 09:02 PM
I was one click away from buying an in-car Sirius unit for my truck when I was told about this a few days ago.

I'll be pissed if they go down. I can't drive long distances without my Sirius.

Truer words have never been spoken!
twin99
11-24-2008, 10:33 AM
Me my friend were just talking about this the other day.

And I was telling him how he wasted money buying Satelite Radio for his new truck.
PolarBear
11-24-2008, 01:05 PM
i havent listened to any free radio since i got my sirius.

Me too. I HATE regular radio. I dont want to listen to commrcials. If I wanted to do that I would stay home and watch TV.
If that happend would suck for me since I also got it Lifetime for the unit in the work van. I drive 3-5 hours a day and it is the only thing that gets me by. With the merger I actually activated the radio in my Solstice so I could listen to the Sirius channels that I like. XM Sucks and I can understand why they did so poorly but Sirius had a good thing going, now with the 2 together I would think it would be all that much better
twin99
11-24-2008, 10:13 PM
I had free Sirius for a year when I bought my truck but after it ran out I just couldn't justify spending extra money on the subscription.