Why when is XM radio going out of business?

Answer 1

Feb 5th, 2009

XM Radio is a great way to listen to music TODAY. However new cars are installing systems that will connect on the internet. These systems use current cell phone land based systems. No need for fancy systems. With a monthly charge for internet you will get internet radio....so why pay???? XM stock has gone to .17 cents....Down from $7.00 on November 2005...it is like howard who???Opra who???? If you pay the help too much money you won't make a profit. Who knew?

Today is a brillant move XM blaw blaw decided since the unenployment numbers are high and people are afraid of loosing everything...lets raise the monthly cost for a product that people can get for free in the car...Remember FM and AM radio? How about a mp3 player or a CD????

I just don't know about how the American companies just don't get it!

The problem is you need to help your loyal customers and get them to assist your growth.

Also if you ever want to use their service call before you buy. It takes about 20 minutes before anyone will pick up...however while you listen all of a sudden you will think someone picked up but....it is Horard or someone telling youit is worth the wait...well it is not!

Why and when will XM go out of business I think 2012.

Think internet car radio...H D Radio and cheeper.

If XM is to stay in business it needs to :

1. cut the high paying hosts

2. you know when movies started the talent was paid less but they got exposure a good lesson to learn

3. reward current customers and not raise the rates

Just remember if you buy the lifetime probuct it may be the lifetime of XM and not the RADIO!!!!

CC: to XM in Washington DC (that's where the smart people that take our money and spend it how they want)