Sirius Subscribers Have Less Value
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CMCSA
Yes, if you view Sirius in the vacuum of Sirius vs. XM, I can see why you might want to make the bet. Mel Karmazin's the best. The team is solid. The churn is low. The take-up is huge. You want to buy things early.
But in the end, there's a finite nature to satellite radio. Understand that I accept that Sirius could have 3 million subs. Or 4 million. Or 5 million. I just don't want to pay as much as I am now for those numbers when I can buy Comcast for about the same price.- Loading Comments...
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