Kit Spring
Kit Spring
channel clear rarely seat stake
Rarely does Clear Channel make an acquisition that isn't accretive to earnings, and Sirius wouldn't be accretive, and Clear Channel also has a seat on XM Satellite's board, which it would probably have to give up if it wanted a stake in Sirius,
burn cash exceeded guidance slightly
Revenues slightly exceeded guidance and they didn't burn through as much cash as I expected.
cash coming estimate half per value
We estimate Napster's takeover value at $3 to $5 per share, with about half the value coming from the company's cash position.
ad continue environment
Fundamentals will continue to be lackluster this year. The ad environment will get more challenging.
investment return
Return on investment in PPM is increasingly uncertain.
costs customer high satellite service
It's a very high fixed-cost business. You have satellite transportation costs, programming costs and customer service costs,
clear declining longer relief
It's a relief that revenues are no longer declining for Clear Channel.
couple expected key mainly shares weak weakness
XM shares have been weak recently, mainly because of expected weakness in a couple of key metrics in 2006.
announced deal
We don't know who it will be, but one such deal will be announced before the end of the year,
advertising oprah seeing site web
They have the No. 1 women's Web site and a lot of new advertisers. You're seeing a lot of advertisers who were historically on Oprah or in Cosmopolitan (magazine) go there.
content fits hbo radio regular satellite
Just like 'The Sopranos' fits HBO better than NBC, ... I think that Stern's content probably is a better fit for satellite radio than regular radio.
expect radio satellite slight threat
It could be a slight threat to satellite radio but I would expect they'll coexist.
assets merger might partner
Real might need to look for a merger partner and I think the assets are valuable.
guarantee listening people radio
I guarantee you those people are not listening to terrestrial radio as much.