Wednesday, June 16, 2010

ROTFLMAO ...

...to Mel Karmazin's prediction:

According to his figures, there are about 12,000 terrestrial radio stations in existence, and thousands of Internet services, like Pandora, for example. Karmazin said he's expecting a 50% growth in subscribers [for Sirius].

Okey-dokey, artichokey.  Sirius charges a monthly fee, and all of the others are free.  What's wrong with this picture balance sheet?