It's a smart strategic move for XM because they need to answer the Howard Stern question. It's not a dirt-cheap deal. But it does help XM attract a female audience.
More Quotes from Frederick Moran:
This puts competitive pressure on the likes of Disney, NBC and Fox Television. These other players will have to step up, reevaluate, see what kind of assets they are missing in their specific platform and address it as quickly as possible.Frederick Moran
It also comes on the heals of AOL-Time Warner and the Terra Networks merger with Lycos, and shows that the Internet and media landscape is getting increasingly competitive, requiring more consolidation,
Frederick Moran
Disney has yet to find a partner, News Corp. has yet to find a partner, and Viacom-CBS could go one step further and find an Internet partner, ... So the entertainment giants are well-positioned to be part of an internet and media consolidation phase.
Frederick Moran
Whenever you see MA (merger and acquisition) activity either rumored or announced, comparable companies in that industry tend to react, ... In this case, Seagram is huge - it has sweeping consolidation implications for the whole group.
Frederick Moran
You need size and scale, and you need to drive a brand name in order to achieve growth and profitability in this market.
Frederick Moran
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