highly dominated area of satellite radio. b) Threat of substitutes/alternatives – The threat of substitutes is high. There are various alternatives, such as terrestrial AM/FM radio, free and paid Internet streaming services, the music channels offered by cable TV providers, and the music app that could be download directly on smartphones. These substitutes are freely available or available at cheap pricing. c) Bargaining power of suppliers – Suppliers for Sirius XM are the content providers of music
The limited successes of XM and Sirius as corporate rivals and the unrealized success of Sirius XM as a single entity have been a cause of concern over the profitability of the satellite radio industry. Given the costly internal resources and dynamic nature of the external environment, it is evident that XM and Sirius have ventured into an unforgiving market where penetration and retention of listeners has been more difficult than first perceived. With a mission to deliver diverse programming that
Sirius XM Case Questions 1. Sirius XM has been very successful in the market. Many people use them today while they are driving in the car or working on the internet. Sirius XM has some strengths, but it also has some weaknesses. Sirius XM’s strengths are the suppliers and buyers. However, the weakness is the variety of substitute products. The suppliers for Sirius XM would be the people manufacturing the dashboards in the cars, the use of satellites, and different broadcasting channels.
Key Elements & Generic Strategy • The merger of Sirius and XM Radio helped diminish the cost of attempting to one-up each other, limited obligations and enabled the organization to center around acquiring new endorser. • Copy programing was wiped out between the autonomous organizations. • Enabled the combined organization to grow their advances by putting more cash in the quantity of circling satellites. Likewise, before the organizations chose to consolidate, they needed to meet up to make a multi-mark
The other company in the merger, Sirius Satellite radio, is a satellite radio company that is based out of New York City. Like XM Satellite radio company, Sirius offers a plethora of channels also. XM contains provides around 135 channels to the subscribers with 69 channels of containing commercial-free music and the additional 65 channels composing of a compilation of sports, news, talk, entertainment, traffic and weather, and data content (Thierer, 2007). As far as finances, the main primary source
Introduction In late 1990s, XM radio was planning to introduce new system of running radio channels. Robert Acker, director of strategic planning for XM radio figured out that there is potential in radio channels such that people may be willing to pay for subscription of a radio channel, if they could be able to provide high quality content, service across the United States. For this purpose, there were many obstacles to be considered by strategists of the company. XM radio was only on papers at that
1. Sirius XM has a number of factors to be affected by in the in-vehicle radio entertainment industry. We will look at how the industry structure has shaped up by using the Michael Porter’s Five-Forces model of analysis – a) Threat of new entrants – The threat of new entrants is relatively less than compared to most entertainment and programming industry. For beginning operations the entrants would have to spend hundreds of millions of dollars to launch satellites, for broadcasting signals, arrange
Introduction FlyDubai is a low cost airline that was established at the heart of the global recession by optimistic investors. The airline flight coverage is to regions that are within five hours margin of flying from Dubai. The airline was established by the Emirates government. The airline is not a competitor to the major airlines but poses competition to other low cost airlines. This marketing audit aims at looking at the potential markets for the airline and establishing ways of being established
Rogers 2016 Financial Performances compared to 2015 Higher revenue Rogers revealed an established revenue increased of 3% for the first quarter of 2016 compare to 2015 results, mainly driven by growth in Wireless service and Media revenue. Its Wireless service revenue improved principally as a result of a superior subscriber base and the sustained embracing of higher-value Share Everything plans. Cable revenue declined 1%. Cable operating revenue decreased due to TV and Phone subscriber damages
to satellite radio whether it is Sirius or XM radio. More cars now are being built with satellite as a feature and buyers usually can test it out for free the first three months of the cars life. Both of these types of radios are around because of investors ( Vivian, 2013, pg.57). Even though there are many different pros and cons to satellite and local radio, people have their own preferences that don’t seem to change. Personally, the pros outweigh the cons of using satellite radio. I am so used
I’m writing my on the founders on XM satellite radio. XM satellite radio was founded in 1988 by a company which was called in 1992 which was called American Mobile Radio Coprs. This was in XM radio early stages before it became one of one of the most popular radio stations in today world of music. There are many founders for the station of XM radio but the one I am going to talk about is, is the one the that which help brought the company up to where it is now. His name is Gary Parsons he is the
Radio stations started the new wave of media technology during the era of Industrialism. As technology evolves, the radio stations and managers adapt with the respective technologies. Radio Stations and the music industry parallel as the technology progresses. In the current era of music, people buy their music through online distribution sites such as Spotify, Apple Music and third party sites. Previously, music was sold on cassettes, compact discs, and vinyl. The one thing that seems the same is
of Radio Formats “I get to choose the radio station today!” Kristin declared defiantly as she hopped into her father’s car. Harry groaned loudly as his preteen daughter flipped the dial from his precious classic rock station to a pop station playing the torturous din of Justin Bieber music. Although Harry would disagree, one of the best aspects of radio is the variety of formats. From talk and sports radio to the numerous music formats, there is something that speaks to every listener. Radio formats
Chapter 1 1.0 Introduction With the invention of the television, the way we receive information have changed drastically. In the past, people rely on newspaper and the radio to receive news of what is happening around the world. Entertainment then was just limited to radio broadcasts. Today, with the new media, we are presented with numerous platforms from where we can choose to receive such news. As such, a huge emphasis has been placed on responsible media reporting to ensure that what we are receiving
Groupthink is a theory of social interaction involved with methods of group decision-making, originally developed by Irving Janis, a social psychologist, in 1972 (Communication Theory). Groupthink was initially described by Janis as the thought processes of people engaged in group decision-making with a deep desire to conform to ‘in-group members’ーrequiring extreme loyalty to group values and the exclusion of those deemed part of an ‘out-group’. In situations when groupthink occurs, the need for
Before the televisions were created there was only radios and the time to keep people entertained. The radios were created in the 20th century for broadcasting music and live broadcasting. Originally it was usually the same the songs were repeated over and over again until there were more artists who started to record more music and that’s when radio become popular with home entertainment for years and years. The word television was used now and again in the early 1900s, but it wasn’t until 1940
During the years of the Second World War, 20th century technology such as the radio had become more affordable to a wider range of socio-economic classes in Britain. The result of this new medium for communication was the effective and widespread transmission of current events to an increasingly diverse audience. Through audio experiences of speeches, live reports and the incorporation of imperial themes into entertainment programming, an audience unprecedented in both size and diversity came into
I have found the latest invention! Do you know what you think it is? You don’t? Well I will tell you! It’s a telegraph! It was made in 1832 by Samuel F. B. Morse. Do you know what it does? If not, I will tell you. A telegraph is a device that cound send information over wires across great distances. A telegraph sent pulses, or surges, of elcectric current through a wire. Samuel F. B. Morse’s partner, Alfred Lewis Vail, developed/created a system
The First Radio This invention changed the way we got news, music, and even how we viewed entertainment. The radio was invented by Serbian-American scientist Nikola Tesla and Italian physicist Guglielmo Marconi. They went head-to-head in what would become the race to invent the radio. Radio waves transmit music, conversations, pictures and data invisibly through the air, often over millions of miles. Iit happens every day in thousands of different ways. The radio was used for entertainment
In William F. Buckley’s essay “Why Don’t We Complain?” he illustrates several uncomfortable situations he was involved in where no one complained. According to Buckley American people everywhere have refrained from speaking up. I strongly agree with him. We the American people don’t complain in situations where complaining is acceptable. To begin with, cable companies such as Comcast feel threaten by the rapid growth in video streaming services such as Hulu, Netflix, and Amazon Prime. Cable companies