RAIN 11/5: Sirius XM to roll-out 2.0 update with more channels, personalization
KARMAZIN: IN-CAR NET RADIO WILL HURT AM/FM, NOT SATELLITE RADIOSirius XM CEO Mel Karmazin recently discussed new features coming in the company’s planned 2.0 service and also discussed Internet radio competition.
The 2.0 service will add personalization features, Karmazin stated, as well as more radio channels thanks to a 25% bump in bandwidth. The 2.0 services will require new radio receivers. Both the upgraded services and new radio receivers should be available in the fourth quarter of 2011.
Karmazin also discussed the potential threat of in-car Internet radio. “I don’t see wireless Internet radio having more impact on us than terrestrial radio has had,” he argued. “Terrestrial radio is still the behemoth in the marketplace with 80% market share and the most endangered by our future growth as well as that of Internet radio.”
He continued, “We believe in the years ahead satellite radio will grow and IP-delivered radio will grow. This growth will take share from terrestrial radio.” RBR has more on Karmazin’s comments about Internet radio here.
Sirius XM reported net income of $67.6 million in the third quarter and saw a subscription net increase of 335,000, reaching a total of 19.8 million subscribers. Twice.com has more coverage here.
FRIDAY NEWS ROUND-UP: MOBILE MOVES AND WEB VISITORSHIP RECORDSHere’s a quick round-up of some of today’s news stories:
—> Boston’s WEEI.com attracted more than 1 million unique visitors in October, “an all-time high for the website.” More on the story here.
—> Federal News Radio has partnered with AudioNow, a service that lets mobile users tune in to a radio broadcast by calling a specific number. More on the story here.
—> Los Angeles’ KCRW has launched an Android application, with access to the station’s 3 streams. More on the story here.
NET RADIO CUBE QUITE A Q2Armour Home’s new Q2 Internet radio aims to make streaming online radio as simple a process as possible. It can only tune in to 4 Internet radio stations and includes no buttons, switches or displays.
Users change channels by tipping the cube onto one of four sides. Similar tipping techniques are used to turn the device on and off, as well as increase or decrease the volume. The Q2 is also portable with an 8-hour recharable battery. It’s available in the UK for £90 and comes in 5 colors. SlashGear has more coverage here.
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