Sirius XM Holdings Inc (SIRI)

[paullud]

When the show you want to listen to is available on another platform you would just switch to that platform, it's really easy, cheaper, and much more convenient. The hard core fans will be the ones to bail first but as time goes on the casual listener is going to realize that there isn't a train to pay for listening to music that they can get for free. This will cause a decline in revenue over a few months and not just what we are seeing right now. Then what happens as the other 2 hosts leave or Howard Stern leaves or they demand a much higher salary? I'm not saying it will bankrupt SIRI but it will have significant repercussions on their stockholders.