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Welcome to RBR's Daily Epaper
Volume 22, Issue 153, Jim Carnegie, Editor & Publisher
Friday Morning August 5th, 2005

Radio News®

"Perfect storm" hits Cumulus
A couple of months after switching from Interep to Katz (5/24/05 RBR #102), Cumulus Media CEO Lew Dickey is still being buffeted by problems with national spot revenues. Dickey insists he's pleased with the move to Katz and says what's happened recently could be called a "perfect storm" as far as national billings are concerned. Cumulus was particularly hard hit by the decision by Home Depot - - which had been the company's biggest advertiser - - to switch spending from national spot radio to network. Not only that, he told analysts, but some accounts disappeared due to mergers in other sectors, such as banking, department stores and telecom. So, while total revenues were up 1.3% in Q2, national was down 18% (with Nashville particularly hard hit, down 30%). Due to the selling time involved with national spot, Dickey says he expects to see improvement beginning in November. For now, Cumulus is projecting that Q3 revenues will be up 2%. While local sales are pacing up 5.7%, national is currently pacing down 16% for the quarter.

RBR observation: In the Q2 conference calls, we've noticed that, in general, the big market-oriented groups are reporting gains in national business, while those in medium and small markets aren't seeing a boost. As Saga CEO Ed Christian noted, there's not a lot that a local station can do about national - - either it's there, or it isn't. Some people have tried to change that situation. Clear Channel bought its rep and Entravision launched its own with Lotus. Citadel and Cumulus both jumped from Interep to Katz, insisting that their new rep devote more resources to promoting their stations and developing new business. We wait to see whether that produces any more dollars.
Editor's note: Lew blamed Home Depot in part for Cumulus problem so RBR went straight to Home Depot for their answer to this claim. See below in AdBiz on Home Depot's advertising clarified.

Not everyone is cutting inventory
While spot loads may be coming down across the radio landscape, not everyone is doing their part to put upward pressure on rates. While she gave Clear Channel credit for sticking to its guns, Radio One COO Mary Catherine Sneed told analysts that some competitors were adding inventory in June to take advantage of advertiser demand. She didn't name names, but indicated that the offenders included both group owned stations and independents. After reporting that radio station revenues rose 9% in Q2, Radio One is projecting that its station revenues will be up in the mid single digits in Q3. CEO Alfred Liggins told analysts that each month is getting sequentially better through the end of this year.

RBR observation: What a surprise! There are still greedy folks out there trying to make an extra buck by adding a spot or two. Still, the overall trend is toward cutting clutter, reducing inventory and putting upward pressure on pricing. Sticking to a diet and exercise regimen is tough, but it will pay off.

Radio One sees growth
in TV, Internet ventures
Radio may be its core business, but Radio One is looking for big things from its ventures into other media platforms. TV One, which is a joint venture with Comcast and other investors, is "significantly ahead of plan," Radio One CEO Alfred Liggins told analysts. And with the recent acquisition of a majority stake in Reach Media, the company is growing in the radio syndication business, while Reach founder Tom Joyner also helps build TV One and is preparing a new show for broadcast TV syndication which Reach Media will launch this fall. Next on Liggins' "to do" list is an Internet portal which he hopes will become the leading portal targeting African-Americans through its association with Radio One, TV One and Reach Media. Reach already has Black America Web, but Radio One strategists are still considering whether to turn it into a full-service portal or launch something completely new. Regardless of which course is chosen, Liggins says the portal will launch early next year.

RBR observation: It's hard to believe how recently the company that Liggins' mother, Cathy Hughes, created was still a single AM station in Washington, DC. Now it is a multi-media platform that, while it has competition in each of its businesses, is well on its way to dominating its niche. Lots of other companies are trying to establish themselves as the top Web portal for African-Americans, but Radio One/TV One has a good shot at hitting that target, just as Univision has in the Hispanic media niche with Univision.com.


Redstone sees "new era" in Viacom split
"In the 21st Century, large is no longer in charge," Viacom CEO Sumner Redstone declared as he and other company executives used much of yesterday's quarterly conference call to discuss the pending move to split the company in two. At long last, he confirmed that Les Moonves will get the CEO title at the new CBS (radio/TV/outdoor) and Tom Freston at the new Viacom (cable/movies). While relinquishing the CEO title, Redstone will continue to be Chairman and controlling stockholder of both companies. Consolidation was necessary, Redstone said, to build Viacom into the media giant it is today, but he said the future will require more agile companies. As he prepares to new CBS, which is being styled as a free cash flow operation that will pay large dividends (as opposed to the new Viacom as a growth stock), Moonves expressed confidence in both the TV and radio operations. With Infinity Radio finally improving performance in Q2, Moonves said CBS would "stay the successful turnaround course in radio, investing in content and promotion and selectively rebalancing our stations to more attractive markets." In TV, he was exuberant over CBS' continued ratings success and predicted gains ahead for UPN, particularly with this fall's debut of "Everybody Hates Chris."

NAB keeps the heat on XM
The National Association of Broadcasters is, in a word, suspicious of XM Satellite Radio's planned acquisition of Wireless Communications Service spectrum. It has asked the FCC to carefully consider the application, and to provide protection for terrestrial broadcasters if necessary. For starters, NAB says XM has not explained its intentions for the WCS spectrum, which prohibits the FCC from determining if the acquisition is in the public interest. Full consideration, argues NAB, is not possible with the current incomplete record. The NAB's main concern is protecting local broadcasters, mainly by enforcing the statutory designation of XM and other satellite services as national services. The concern is that this may be a back door into the provision of local content. On top of that, NAB thinks there is evidence to question whether the public interest would be served. "The proposed transfer of control would contravene the public interest, convenience and necessity and potentially violates the Commission's Rules and Orders. Specifically, the application presents compelling evidence of trafficking violations by WCS Wireless. The application also raises a host of public interest concerns, including whether XM intends to use WCS spectrum in ways that could cause interference to other users and/or violate restrictions on its current authorizations. It presents a number of novel issues that exceed the Wireless Telecommunication Bureau's delegated authority. All these issues should be investigated thoroughly."

PhRMA: And now, the
equal and opposite reaction
Pharmaceutical companies were united in hailing the new direct-to-consumer voluntary advertising code adopted by Pharmaceutical Research and Manufacturers of America (PhRMA). However, one watchdog was utterly unimpressed. Gary Ruskin, executive director of Commercial Alert, said, "PhRMA's new 'guiding principles' are utterly lacking in principle. They are a public relations exercise that cloaks doing nothing in a stream of verbiage that sounds like doing something. They will cause no inconvenience for the drug industry and no real change of behavior. Their aim is to shield the profits of the drug companies, not the health of Americans." Commercial Alert says there are only two concrete requirements in the new code. "One ends 'reminder ads' in which only the brand name is mentioned and no information about diseases or risks are mentioned. The second states that companies should submit all new DTC ads to the FDA before broadcasting them - - which the vast majority of drug companies already do."

RBR observation: We doubt that anyone would be surprised if everything Commercial Alert says is 100% on-target accurate. The bottom line is that nobody in this country wants their freedom of speech messed around with. However, broadcast speech has always been held to a higher standard than print speech and everyday street speech. The NAB is under constant pressure to go down the same road as PhRMA and come up with some kind of industry code on indecency. In both cases, the associations figure it is better to self-regulate in an attempt to head off stricter rules which may come out of Congress (and no doubt head straight to the courts, but that's another story). Interestingly, there is overlap between the NAB and PhRMA efforts. Many would prefer that the erectile disfunction ads join racier entertainment programming into safe harbor, from 10PM-6AM, a item not required by the new guidelines. All of which means the pharmaceuticals may not yet be through with this. The Senate's top doctor - - Bill Frist (R-TN) - - already has problems with drug ads, and may have many allies in the well-populated anti-indecency camp if he wants to pursue this issue.


Conference Calls Q2 2005
Double digit gains at Radio One
Radio One reported that Q2 revenues were up 18% to 101.5 million. That includes 51%-owned Reach Media, but radio station revenues were up 9% for the quarter. Station operating income rose 15% to 55.3 million. "Our first full quarter with Reach Media turned out to be another very good one for Radio One. We handily outgrew our markets and posted solid results across the board," said CEO Alfred Liggins. By the way, if you read elsewhere that executives of Reach Media are poised to sell their 23 million bucks worth of Radio One stock - - that's not correct. Radio One CFO Scott Royster says that was a routine filing with the SEC just to register the stock - - and that the Reach Media folks can't sell any shares until February 2006.

Revenues barely up at Cumulus
With national spot sales down 18% in Q2, Cumulus Media saw net revenues rise just 1.3% to 87.4 million. Station operating income was down 2.3% to 32.9 million. Those same percentages hold for same-station results. Free cash flow was down 13.7% to 20.8 million.

Radio up, TV down at Viacom
That's quite a reversal from past trends at Viacom. The TV revenue decline of 1% to just over two billion bucks was predictable against the 2004 election year tough comps. TV operating income fell 16% to 439 million. Perhaps more importantly, Infinity Radio showed some traction with a 1% revenue gain to 566 million, resulting in a 2% improvement in operating income to 273 million. Revenues for the cable networks - - which will be separated from the broadcast operations in next year's split - - rose 14% to just under two billion, sending operating income up 14% to 711 million. All in all, Viacom's revenues were up 10% to 5.9 billion and operating income rose 4% to 1.4 billion.

Radio led Q2 growth at Univision
TV revenues are still growing at Spanish media giant Univision, but radio was the top performer in Q2. Radio revenues gained 9.1% to 99.3 million, making operating income for Univision Radio jump 20.4%. TV revenues were up 1.4% to 354.7 million, but Tv operating income declined 0.4% to 133.9 million. "Our flagship television network delivered a larger total Adult 18-34 audience than at least one of the 'Big 4' networks in primetime on nearly two out of every three nights this quarter and our radio group increased its leading position among Spanish-language formatted broadcasters. Univision's music and online divisions also experienced success, as our Music Group maintained its industry-leading market share and Univision.com was once again named the #1 Spanish-language website by Nielsen. Even though our revenues in the second and third quarters are facing difficult comparisons from our performance last year and an overall soft television advertising market, we expect our Upfront success, coupled with our continued ratings momentum, to drive improved revenue growth in the fourth quarter and beyond," said President and COO Ray Rodriguez.


Adbiz©

DISCUS report cites "tasteless" liquor ads
According to the latest advertising code report issued by the Distilled Spirits Council of the US (DISCUS), using sex to sell liquor and using images of drinking excessively were the biggest complaints. DISCUS officials said that making the code review process public has prompted more companies to honor the code. The report, which covers the first half of 2005, specifically cited a Skyy Vodka print ad with a model wearing see-through clothing. Another, Svedka Vodka's "Happy Hour" and "Peek-A-Boo" print ads violated DISCUS's code by using sex to sell the brand, degrading women and depicting gratuitous nudity.

Home Depot's advertising clarified
We heard from the advertising community that Cumulus CEO Lew Dickey blaming his Q2 problems partly on Home Depot "switching from national spot to network radio" in our MediaMix story yesterday (also see related story today) was a bit overblown. We heard that in reality, Home Depot purchased select radio networks and programs with a heavy spot overlay. They didn't shift all of their dollars out of spot and into network radio. It was just a more efficient utilization of their ad dollars. The bigger problem with Cumulus may be that a lot of their markets are too small to make the cut for many national brands. The source said there is always churn in the radio marketplace, especially on the national level and blaming one account for ad revenue woes might be a bit overdone.

Editor's note: We speak to Home Depot's VP/Advertising John Ross today on this matter and look for an update this afternoon in Media Mix and the total outcome and clarification in Monday's RBR.


Radio & Television Business Report

Radio's Important September Face Off
UpFront 2005 - will radio face the mild reception as Network TV? Top media agency buyers and network radio sellers participating so far: Kelly Cadotte, Natalie Swed Stone, ,Irene Katsnelson, Chris Fontana, Rich Russo, Matt Feinberg, Matthew Warnecke, Kim Vasey, and Lisa Opensky Greenberg.

And we go One on One with
Charles Courtier, Executive Chairman of Mediaedge:cia

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Media Markets & MoneyTM
Nashville AM goes Hispanic
WYXE-AM Gallatin, serving the Nashville market, is exiting the commercial world in a 600K deal sending it to a Hispanic Church headed by Jose Rodriguez. His Iglesia de Dios Hispana Pentcostal de Nashville Tennessee is taking the station in a deal featuring 175K cash and 425K over time pursuant to a promissory note. The seller is Jon Gary Enterprises Inc.

Close encounter in Nashville
There was even more action in the Nashville, as Davidson Media accepted the keys to WNSG-AM from Mortenson Broadcasting. Mortenson gets 2.7M. According to broker John Pierce, Davidson is retaining Mortonson's Urban Gospel format - - for now.

Coast taps GE Commercial finance for 14M
GE Commercial Finance's Global Media & Communications unit announced that it has provided 14 million in senior secured financing to Coast Radio Company. Coast, headed by John Levitt, owns two stations in the San Francisco Bay area - - KKIQ-FM Pleasanton and KUIC-FM Vacaville. Media Venture Partners advised the company on its pending purchase of KABL-FM Walnut Creek and the GE financing which will be used in part to close that 7M transaction (5/10/05 RBR #92).


Washington Beat
Pay by the 7th or add a quarter
The 7th is the 7th of September, and the quarter we refer to is not the shiny round one with George Washington on it, its 25%. That's the size of the penalty for being late with your 2005 FCC regulatory fees. According to Womble Carlyle Sandridge & Rice attorney Peter Gutmann, you have until 11:59 PM on 9/7/05 to avoid the late fee, and to further avoid triggering the FCC's "red light" which would bring to a halt most pending business with the Commission. You should already have been notified of your amount due - - but if you've misplaced your bill, the fee schedule can be found at here.

FCC August meeting delayed
The FCC Open Meeting which was to have been held yesterday will be held today instead. The FCC explained that "The prompt and orderly conduct of Commission business required this change and no earlier announcement was possible." Although the Commission was content to leave it at that, the Associated Press learned that Chairman Kevin Martin ordered the postponement in order to get more time to woo at least one of the Democrats on the two-two commission to his side on a phone dereg matter. Martin is trying extend to the telecoms the effects of the Supreme Court's ruling on Brand X, which said that cable companies were not required to provide competitors with leased access to subscribers. Martin wants this same right extended to phone companies, in hopes that they will speed up the buildout of broadband service. Critics of the Brand X decision say it will reduce competition to the detriment of consumers.

RBR observation: It'll be interesting to see if Martin succeeds in his quest for a Democratic vote. If it seems that the SCOTUS ruling on Brand X is applicable to phone companies as well, maybe Michael Copps or Jonathan Adelstein will see resistance on this matter as a lost cause and use their vote as a bargaining chip for a few more public meetings on the utterly stalled media ownership issue.


Programming
A new use for commercial AM radio?
In case you're looking to repurpose your AM...In mid April, WBNC-AM (Conway, NH) "Mount Washington Valley Visitor Information Radio" signed on the air in April and began testing programming and technical data. As visitors and tourists come to the valley this year, they'll be greeted with a new service on the station. Signs on all the major highways entering the valley will urge visitors to tune in 1050AM for Mount Washington Valley Visitor Information. They can start listening and receive information about the valley before they reach their valley destination.

Says Ron Frizzell, Managing Partner, Mt Washington Radio Group:
"It sold out in one month. And there's NO ASCAP, NO BMI, NO Sesac, NO AP. We have two FM's and an old fashioned daytime AM. Because there are almost no costs in this AM station, it is nearly as profitable as our FM Stations." The new service starts each half hour with a greeting from
Janice Crawford, Executive Director of the Mount Washington Valley Chamber of Commerce. Janice Crawford notes that "It's a great service to our valley visitors and to our members." Every thirty minutes, the station features the two day weather forecast for the mountains plus summit and climbing conditions from the Mount Washington Observatory. In season, ski conditions and foliage reports will be featured every 30 minutes. There's also mountain information and hiking tips from the Appalachian Mountain Club and the National Forest Service. Other information includes how to find a moose, or covered bridge, mountain biking tips, short family hikes, the best scenic drives, valley and mountain history, the best ways to spend time while visiting here, traffic, places to stay and eat, plus other seasonal information.
| Listen to airchecks here |


Transactions
1.2M KNET-AM/KYYK-FM Palestine TX from Hightower Radio Inc. (Jason Hightower) to Tomlinson-Leis Communications (Dorvin D. Leis, Edward B. Tomlinson II, Kent Burkhart). 60K escrow, balance in cash at closing. [File date 6/30/05.]

250K WQXA-AM York PA from Citadel Broadcasting Company (Farid Suleman) to Steel City Radio Inc., related to Wilkins Communications Network (Robert L. Wilkins, Luann J. Wilkins). 20K escrow, balance in cash at closing. LMA 7/1/05. [File date 6/30/05.]

125K KOTE-FM Eureka KS from Newwood Productions LP (Kris H. Brown) to Niemeyer Communications LLC (David Niemeyer). Promissory note. [File date 6/30/05.]


Stock Talk
Retail sales disappoint investors
Broadcast stocks were hit Thursday as disappointing sales figures from major retailers sent the entire market lower. The Dow Industrials fell 87 points, or 0.8%, to 10,610.

The Radio Index fell 2.977, or 1.4%, to 206.122. Entravision fell 4.7% and Fisher 3.7% as the worst performers as almost all radio stocks ended the day with declines.


Radio Stocks

Here's how stocks fared on Thursday

Company Symbol Close Change Company Symbol Close Change

Arbitron

ARB

41.58

-0.10

Jeff-Pilot

JP

50.25

-0.23

Beasley

BBGI

13.60

+0.02

Journal Comm.

JRN

15.81

-0.19

Citadel CDL
12.68 -0.35

Radio One, Cl. A

ROIA

13.21

-0.02

Clear Channel

CCU

33.61

-0.09

Radio One, Cl. D

ROIAK

13.17

-0.06

Cox Radio

CXR

16.02

-0.32

Regent

RGCI

5.66

-0.13

Cumulus

CMLS

12.51

-0.44

Saga Commun.

SGA

14.55

-0.21

Disney

DIS

25.62

-0.15

Salem Comm.

SALM

20.45

-0.35

Emmis

EMMS

20.85

-0.41

Sirius Sat. Radio

SIRI

6.81

-0.14

Entercom

ETM

31.57

-0.43

Spanish Bcg.

SBSA

8.26

+0.03

Entravision

EVC

8.21

-0.40

Univision

UVN

29.22

+0.49

Fisher

FSCI

44.74

-1.74

Viacom, Cl. A

VIA

34.07

+0.32

Gaylord

GET

46.24

-0.67

Viacom, Cl. B

VIAb

33.87

+0.29

Hearst-Argyle

HTV

25.10

+0.04

Westwood One

WON

20.20

+0.02

Interep

IREP

0.70

+0.01

XM Sat. Radio

XMSR

34.51

-0.39

International Bcg.

IBCS

0.01

unch

-

-

-

-

-



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Upped & Tapped

Michaels moves crosstown
With Citadel's sale of WQXA-AM York, PA to Wilkins Communications, former Station Manager Tim Michaels has landed at Radio Hanover's WHVR-AM York, also as Station Manager.

Rodrigues to Arbitron
After two years as Sr. Director of PR for Sirius Satellite Radio, Ron Rodrigues has joined Arbitron as Marketing Implementation Specialist in the Marketing Communications department.

New producer for Alice
United Stations Radio Networks announced music industry-veteran Katherine Turman has been named Producer of Nights with Alice Cooper. For six years she produced Rockline and, most recently, acted as a music producer for TV's Sharon Osbourne Show. Relinquishing his role as Producer, Turman replaces David Bianchi who is moving out of the country and will continue to contribute as the program's Head Writer. Rounding out the rest of the Nights with Alice Cooper team are USRN's Michael Newman, who steps up from engineer to become the show's Associate Producer, and Kristine Rakowsky, who will continue to act as Segment Producer.

WW1 goes to college
UCLA Chancellor Albert Carnesale has been elected to the board of directors of Westwood One.


Stations for Sale

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NEast CapCity

6kw Class A @ 8.5x trailing BCF, good upside 1.95M 781-848-4201 or [email protected]


More News Headlines

WorldSpace prices IPO
International satellite radio company WorldSpace priced its IPO at the top end of its expected range - - 21 bucks. The stock gained 6.5% in its first day of trading to close at 22.36. WorldSpace is partly owned by XM Satellite Radio.

AP, News Corp team
for Sports venture
News Corporation and The Associated Press announced today that they have formed a joint venture named STATS, LLC to produce sports data and content. The joint venture will combine STATS Inc., a sports information and statistical analysis company, owned by News Corp., and MegaSports, AP's multimedia sports service. News Corp. and AP will each own half of the joint venture. Gary Walrath, CEO of STATS, will serve as CEO of the new joint venture. He will report to a board equally comprising representatives from News Corp. and AP. The company will retain STATS' current HQ in Chicago and its offices in LA.






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RBR Radar 2005
Radio News you won't read any where else. RBR--First, Accurate, and Independently Owned.

Cox's Flames still burning PPM
Bob Neil wants electronic measurement, but not PPM long-time PPM critic is back and wants nothing to do with Arbitron's Portable People Meters and dismissed the recent Forrester Research study on the potential economic impact of PPM saying the study commissioned by the RAB (but paid for by Arbitron) was tainted by leading questions. Neil is anxious to see what systems are submitted to the pending request for proposals by Clear Channel, which will be evaluated by representatives of numerous radio groups. Asked about specific problems with the PPM technology, Neil said women are likely to put the devices in purses, which will prevent them picking up audio encoding from stations. RBR observation: For the competing electronic measurement systems that we're aware of, the basic difference is in whether they use encoding or audio recognition, but none have a way to overcome Neil's objections that they don't measure all listening, such as from the time people get out of bed until they have showered, dressed and are ready to head out the door. Short of human implants, we wonder how would you deal with that? 08/04/05 RBR #152

As Cox's flames Arbitron
sets off alarm

Bob Neil has a way of setting off a fire alarm faster than a jackrabbit on a date and thus Arbitron VP Thom Mocarsky was quickly on the phone to RBR to throw water on those flames from the Cox Radio CEO. Mocarsky insisted that PPMs work fine from inside purses and that there had been no problems with the devices failing to register listening in the earlier Philad! elphia test. As for the cell-only households, Arbitron doesn't plan to install its own landlines in the future because it has now developed a PPM docking station that has its own wireless phone built in to upload data.
RBR observation: One good thing, radio is not getting the same attention as Nielsen from the US Senate. But just wait as idol hands make for what? 08/04/05 RBR #152

ABC, NAB kiss and make up
Walt Disney/ABC is back in the National Association of Broadcasters. It joined the other major networks in exiting the industry's major trade organization during the height of the dispute over the national audience reach cap. Michael Powell's FCC was pushing to up it from 35% to 45%, a move enthusiastically seconded by the majors and opposed by many smaller entities in the television universe. NAB sided with the smaller companies and the majors went on their way. RBR observation: With the audience cap now, to borrow a phrase being bandied about in an entirely different Washington theater, a matter of settled law, there is no point to any intramural squabbling when broadcasters especially TV broadcasters face a common foe. All broadcasters want their full digital signal, whether its high-def or multicast to be carried on its allotted cable system bandwidth as a matter of national policy. Cable wants one signal as a matter of national policy, and others at its own but there is a great deal of sentiment for the broadcast position on Capitol Hill. It is an especially important moment in time for broadcasters to put forth a united front. 08/04/05 RBR #152

Gannett switching Detroit
fish wrappers
A complicated series of transactions will have Gannett buying the Detroit Free Press from Knight Ridder and selling the Detroit News to MediaNews Group. The two new owners will continue to have a partnership manage the business operations of the two Detroit dailies, with Gannett as the general partner and MediaNews as the limited partner. MBR observation: Give the newspaper guys credit for at least trying to save their print businesses. But as technology moves faster than their presses it is the question of when the paper won't even be able to be put in the bottom of the birdcage. Newspapers of news print daily should read news from yesterday. Print will have to cross platform and use the internet as it is harder for many to find a reason to pay their annual subscriptions fees. Trust RBR/TVBR we have been there where they are and with print there is little light at the end of the tunnel.
08/04/05 RBR #152

Zen Master raises
Sirius expectations
Sounding just like the Zen Master from his Infinity days and crowing about his company's rapid growth and predicting great things ahead after beating Q2 expectations. Karmazin has raised the subscriber goal for Sirius to three million by year-end marking the third time this year that Sirius has raised its subscriber estimate. Also expects to be free cash flow positive for all of 2007 and maybe even in Q4 of 2006. Sirius is now shopping only for programming to round out its current offerings at reasonable prices.
RBR observation: Hello again we say Content is King and Sirius can't build from one self proclaimed King in Stern. Zen Master already said Don Imus is out to expensive. Martha is nice but now comes the true test as any station today - Content, structure, hot clocks, and the talent to entertain. Where oh where is that quality talent to be found? Again, Local broadcasters our recommendation is cultivate your Local talent and treat them good cause it is your one key strength. 08/03/05 RBR #151


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