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Originally Posted by kutulu
I'm listening in Phoenix. They mutilated his final speech. So many times they'd stop mid sentence and start up again.
Sirius has added 2M listeners in the last year. That is just hte beginning. 2M*$12.95/mo*12mo = $310.8M/yr*5yrs=$1,554,000,000. His contract is for $500M and that includes all production costs. That doesn't include any of the commercial revenue that he will bring in.
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His contract is still a what 1/15th of that (1.5 billion/ 500 mill/ 5years). You take out taxes, their advertising, paying other talent on other shows, salaries to Karmazin and other execs, and so on. Looks to me like a loss so far, I don't know the numbers but my guess would be they need to get double that to start showing a true profit. Which I am sure they will but can they last long enough before they do?
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I just love people who use the excuse "I use/do this because I LOVE the feeling/joy/happiness it brings me" and expect you to be ok with that as you watch them destroy their life blindly following. My response is, "I like to put forks in an eletrical socket, just LOVE that feeling, can't ever get enough of it, so will you let me put this copper fork in that electric socket?"
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