Business installing Satellite radio

[beefybull]

Do you think you could feasibly start a business focusing on the installation of satellite radios in the cars of others? This market could boom in the next few years and it seems like you could offer this service all the time.

 

[Synpax]

The biz is actually selling the sat radio subs. It's pretty heavily covered now but I'm sure you could get a small franchise going without too much trouble. These guys are dying to get subscribers.

 

[beefybull]

Howard Stern is gonna be on Sirius, I think, so that should draw a few million subscribers. Satellite radio is gonna blow up over the next few years. The satellite tuners are already starting to become standard in some automobile brands and are included with almost every aftermarket head unit. The service is cheap and commercial-free for now.

 

[Synpax]

Howard Stern is not going to get a few million subscribers. Sirius doesn't even have 1 million now - maybe 500k?

It's gonna be a while - and digital broadcast radio is just around the corner.

 

[beefybull]

They say he has 15+ million loyal listeners.
If 1 in 20 (5%) get satellite radio, thats minimum 750,000 subscribers.

 

[bran987]

Howard Stern is not going to get a few million subscribers. Sirius doesn't even have 1 million now - maybe 500k?

It's gonna be a while - and digital broadcast radio is just around the corner.

Sirius hit 1 million subscribers yesterday, up 300,000 since the Stern announcement just a couple months ago. He will get a few million.

 

[Illuminati]

Howard Stern is gonna be on Sirius, I think, so that should draw a few million subscribers. Satellite radio is gonna blow up over the next few years. The satellite tuners are already starting to become standard in some automobile brands and are included with almost every aftermarket head unit. The service is cheap and commercial-free for now.

the music stations are commercial free...but the other channels are not. they are still going to sell advertisement space on their non-music stations. there are a lot of auto's that are selling the a satellite radio head unit as an option. i read that they estimate that 50% of people that buy an auto with the option, sign up for the service. and the luxury cars that have the option,
include a 1 year service.

also, why would you try to open a business that installs just satellite radio head units? why not just open a car audio store? more profitable because it opens up more avenues of income. plus, the other work isn't all that hard. the hardest part of a audio install is the head unit. and that isn't too hard.

 

[Synpax]

Sirius hit 1 million subscribers yesterday, up 300,000 since the Stern announcement just a couple months ago. He will get a few million.

Which means when I posted it, I was accurate in that they did not have 1 million subscribers.

http://cbs.marketwatch.com/news/sto...19526DBDF944}&siteid=google&dist=google&dist=

Still, an install-only business might be a good thing to do, but I get the feeling the actual value added may be too low to do that and that alone. I could probably install one myself with a few minutes of study.

Hell, though, at least you are trying and even if you fail, you will probably learn enough to ensure that enventually you'll get something angled out right.

 

[bran987]

Which means when I posted it, I was accurate in that they did not have 1 million subscribers.

right but you guessed 500k which was just way off so that's why I posted the new news. and about the article you posted, I agree the stock is overpriced.

 

[Razorguns]

when i hear companies putting so much faith in some holy grail like stern..

reminds me of the same rhetoric of fancy CEO's giving their speechs regarding the dot-com era, and how "investments of hundreds of millions will pay off gargantuan dividends for all in the future!"

we all saw what happened there.

Amazes me how some of the smartest men (on paper) -- can still be so stupid and make people lose so much money.

all i can say is. wait and see.

 

[Crox]

Amazes me how some of the smartest men (on paper) -- can still be so stupid and make people lose so much money.

Their smart because its normally not their money their playing with.

 

[Synpax]

Until Rush Limbaugh signs with a satallite company, it's not going to happen for them.

And the only way he will sign with them is if ClearChannel buys or is bought out by one of the satallite companies.

I think the real plan for XM and Sirious execs is to get bought by Vivendi/TimeWarner/Clearchannel/Newscorp/etc.