Only a few years ago, the radio business quaked in fear of satellite radio. It wasn’t quaking, exactly, about Internet radio. It was too busy shivering in the IPod cold. Of course, American radio had already frozen out the (new) music business, hurting itself much more than the ‘Pod ever could, but that’s another story. Radio should have seen that satellite was going to be a no-commercials version of its own flawed self, and would have its own problems getting even hardcore (Stern) radio fans to pay for the same-old. Now that accelerated Armageddon has arrived, Sirius-plus-XM has bigger problems than the two of them alone had, which was not the way the merger was supposed to work, and the media-blackbirds are starting to circle the satellite, which is a good trick. Read what Business Week says, here.
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