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Serious Threats to Sirius Radio March 31, 2009

Posted by tkcollier in Economy & Business, Music.
Tags: , ,

Web outfits like Pandora, Foneshow, Stitcher, and Slacker broadcast portable and mobile content that makes Sirius look overpriced and stodgy.

Companies like the Web radio service Pandora, Foneshow, Stitcher, and Slacker—as well as traditional content providers—are broadcasting portable and mobile content that is cheaper or even free. Moreover, these upstarts can often replicate Sirius programming. One example: On Mar. 30, MLB will release an iPhone (AAPL) mobile application that will stream games live from all 30 teams—which is what Sirius customers get now—and offer video clips and live score updates for $10 for the entire season. Sirius’ subscriptions that include MLB games start at $10 a month. The new app doesn’t violate baseball’s contract with Sirius XM, which covers rights to stream games only on satellite radio.

For Sirius XM, this competition over price and content comes at the worst possible time.

via Serious Threats to Sirius Radio – BusinessWeek.


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