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Originally Posted by Brent T
I use to believe that, however I think XM is the small competitor, the major competition is and always will be old fashion radio. Sirius's goal is to take people from "free" radio, not from XM. You can see that by what they have done with their talent.
Sirius/XM still have a lot of work to do because of the major competition, so I dont think we will have much to worry about as far as a competitive market situation.
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That may be where they want grab listeners from, but that's not their competitor. They compete against each other to get subscribers. Once there's only one pay service, those who want such a service will be held hostage to the lone provider. This is no different than Cable in most markets (though Sat has slowed increases somewhat).
Monopolies are always bad for consumers and terrestrial radio isn't an option for those that want something other than hot country, classic rock, modern rock, rap, R&B and CHR (and in some markets they don't have those options) formats that typically have very small playlists.