Is Sirius therefore doomed? Fred Wilson thinks not. "Satellite will survive, but it's not going to put the traditional radio guys out of business," he says. "It will be a premium service, like HBO."The writer admits that would hardly be disastrous. In fact, it's been the gameplan from the beginning. No one -- except foolish business writers -- ever even hinted that satellite radio would destroy traditional radio.
Wednesday, February 08, 2006
Satellite Radio: Apparently, It Won't Destroy Free Radio
A dumb New York magazine business piece looks at Sirius satellite radio and makes a few unprofound observations. The writer begins with a stupid comparison, saying Steve Jobs and Howard Stern have about as much in common as Yo-Yo Ma and Neil Diamond. Huh? Ma and Diamond have a LOT in common -- both are world class performers with distinguished careers and best-selling albums. They are musicians and would undoubtedly find much common ground. Then the writer refers to the truism that "content is king" as "a vapid, hoary shibboleth." Yeah, except for the fact that it's true. If he thinks "content is king" is asinine, he at least better be prepared to explain why it isn't in this case. Finally, it asks: