Eurocardsharing

Go Back   Eurocardsharing > General Discussions > General Satellite News > Latest Satellite News

Latest Satellite News Discussion, New Worldspace failure won't affect Ondas at General Satellite News forum; Worldspace failure won't affect Ondas Ondas Media plans to use Spanish-allocated frequencies to launch a pan-European pay-radio system, similar to ...

Reply
 
LinkBack Thread Tools Display Modes
New Worldspace failure won't affect Ondas
Old
  (#1)
Bacteria
Administrator
 
Bacteria's Avatar
 
Offline
Posts: 96,015

Level: 124 [♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥]
Life: 4638 / 4638
Magic: 32005 / 102687
Experience: 68%

Thanks: 1,107
Thanked 5,578 Times in 1,419 Posts
Join Date: Oct 2006
Age: 37
New Worldspace failure won't affect Ondas - 23-October-2008, 15:20

Worldspace failure won't affect Ondas

Ondas Media plans to use Spanish-allocated frequencies to launch a pan-European pay-radio system, similar to that provided in the USA by Sirius-XM. However, there have been anxieties that Worldspace's recent financial collapse would affect Ondas' prospects over Europe.

'Not so,' implies Dave Kruger, Ondas Media's CEO. "Relative to Worldspace, I don't think that many people are surprised by their bankruptcy filing. We believe that there are four fundamental building blocks required for a successful satellite radio service in Europe."

"Those four ingredients are: 1) compelling content that people are willing to pay for, 2) savvy customers (car makers) who understand the business and to whom we can offer affordable radios installed and activated at the factory, 3) a meaningful pan-European regulatory strategy that supports radio receivers integrated into the car with minimal risk, and 4) a viable transmission infrastructure that provides the high quality of service with a diverse content portfolio."

Kruger says these elements have been the focus for the business this past year. "This has led to successful cooperation with car companies, radio manufacturers, media partners, and network operators including satellite operators."

Just over a week ago Ondas signed BMW up for its system with BMW vehicles installing receivers from 2012. "I think the differences between our story and that of Worldspace are very obvious to those customers and partners. Worldspace's bankruptcy hasn't changed any of those fundamental differences. Using the four-part strategy outlined above, one would conclude that even at heavily discounted prices, the perceived assets of Worldspace have limited value to a satellite radio service here in Europe," added Kruger. "We will keep tabs on things there, but not at the cost of distracting ourselves from executing our core business plan," said Kruger.
   
Reply With Quote
Reply

Bookmarks


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump



ECS on RSS ECS on Twitter ECS on Facebook ECS on Youtube
Follow us on:

Powered by vBulletin
Copyright 2002 - 2010, Jelsoft Enterprises Ltd.
SEO by vBSEO ©2011, Crawlability, Inc.
Dreambox