Maybe the only bigwigs who have had a lousier week than the Vice President are the XM chieftains. Their fourth quarter losses (remember how analysts predicted the holiday season would be a catalyst for continued growth?) were worse than expected. Screaming in at a quarterly loss of better than $270 million (compared to only $190 million a year ago), XM ended up losing more than $675 during 2005.
On top of that, XM board member Pierce Roberts Jr. has stepped down, believing that "a significant chance of a crisis (is) on the horizon."
Before we get too smug, however, we need to understand that whether the satellite radio model is "broken" or viable, they are aggregating content. And that's the question that terrestrial radio needs to keep asking itself – are we truly playing offense when it comes to creating/gathering content? Consider the chart below, especially if you're a music station:
Jacobs Media has consistently walked the walk in the digital space, providing insights and guidance through its well-read national Techsurveys.
In 2008, jacapps was launched - a mobile apps company that has designed and built more than 1,300 apps for both the Apple and Android platforms. In 2013, the DASH Conference was created - a mashup of radio and automotive, designed to foster better understanding of the "connected car" and its impact.
Along with providing the creative and intellectual direction for the company, Fred consults many of Jacobs Media's commercial and public radio clients, in addition to media brands looking to thrive in the rapidly changing tech environment.
Fred was inducted into the Radio Hall of Fame in 2018.
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