Poor poor baztards.
That's the key quote in the news release about the tracking stock, buried of course. I would like a dividend this Christmas. I always love when the shorts dress up as Santa for my family.
Motley Fool claimed XM would not merge with Sirius.
The head media analysts at all be big banks used Motley Fool to steer capital away from SIRI and XMSR as they shorted.
If nominated, she's not entering a general election without Bernie Sanders on her ticket.
Just so you know.
You will face Bernie and his political revolution.
SiriusXM owns 2 fleets of satellites, one from Sirius as a stand-alone company and the other from XM. The company can easily switch to one platform and free up the other fleet for video streaming. The Stern content is valuable but the key to launching would be record labels. Why wouldn't the record labels want to use video to promote their artists? They did when MTV was born.
“It seems the primary driver here is to create cleaner capital structures for each business that may allow for more efficient capital raising for acquisitions, dividends and distributions.”
Insiders seem to be signaling to shorts to close their positions. Shorts have to pay the dividends on their short shares. The influx of capital from the tracking stock can be used to pay longs dividends.
They will basically position the Sirius tracking stock as a safer more stable investment than SIRI and faster returns than LMCA as a whole.
The moral of the story is, SIRI is the most attractive investment in the LMCA portfolio. LMCA investors can jump into SIRI if they are aggressive and impatient.
That is interesting. A huge growing number of media consumers stream Netflix instead of subscribing to cable. SiriusXM owns 2 flights of satellites, one from Sirius as a stand alone company and the other from XM. Eventually the merged satellite radio company can operate on one platform and free up the other fleet for something like video streaming. Netflix would grow exponentially if they owned a satellite platform. It could be like MTV all over again, streaming videos and talk shows that you cant get on cable.