Grateful Dead

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KJ7XJ's picture
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Joined: Jun 16 2007
...let that deal go down....

On the note of Satellite radio...I saw a car kits for them in a local retail store for 28.95 with all the adapters and such. Not sure what the monthly fees are to get it going, but as a consumer without it now, it got me to look. The GD channel thread also made me look twice. I can get my shows for free off the internet, but you can only listen to NPR and the classic rock stations for so long ya know...

Eric

paisley's picture
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Joined: Jun 9 2007
Don't bet on it...

...shall we go, you and I while we can...

When Sirius radio announced that they formed a relationship with Warner's/ Rhino for the Satellite Station in late May,Sirius simultaneously took out an unsecured loan of 250 million dollars from Morgan Stanley. Morgan Stanley did not make that loan lightly. "Unsecured" means there was no collateral involved. It's easy to see what happened here. Sirius stock is down, the XM merger is taking longer than expected,right? So the reason Morgan Stanley gave Sirius a quarter of a billion dollars was to secure its relationship with Warners/Rhino and to give Sirius some cash to get the start up going in this relationship going with Warners/Rhino.in the form of the GD channel. The GD channel is a good test balloon to see how things will work, and so far everyone loves it! Two months were spent in getting things together programmatically (David Gans input, etc.) to make it a success. So I think that the GD channel goes full time August 10, or if not shortly there after ironing out any last minute wrinkles. This is the bottom line, boys and girls: Warners wants to own Sirius and XM for their satellite bandwidth, Sirius and XM want to make a boatload of money on that sale and Morgan Stanley wants the interest pay off on its loan(part of which went for a right to broadcast vault material). This is the world of corporate finance.And BTW, I'VE NEVER SEEN A MORE PESSIMISTIC BUNCH OF DEADHEADS! you're gonna have your "radio" station, soon for free, so don't worry!

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Joined: Jun 14 2007
I am loving the DEAD

I am loving the DEAD channel. I'm a little pissed they won't simply start the GD channel. They said sometime this summer...well its Mid August already. (I just think it will disapear for another month after the 9th)

paisley's picture
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Joined: Jun 9 2007
Mergers

...shall we go, you and I while we can...

I'm gonna bend this thread for a minute just to respond that all monoopolies are not bad, in fact most that are approved are benign. Don't think Warners is the bad guy, THE BAND WOULDN'T HAVE A WIDE AUDIENCE WITHOUT THEIR CONTRACT WITH WARNERS FROM '67 TO '73! An believe me, the money made on a Grateful Dead Channel,music CD's and merchandise is NOTHING when you compare it to the relationship with Sirius (and XM) that will get Warners the satellite bandwidth necessary to transmit first run feature movies to theaters around the world without any middlemen in the analog world. That's millions of dollars per film, my friend, and that's what this is really all about. Trust me, I did the homework. You're gonna have "satellite radio" free soon enough, so that films can be advertised on it.It costs literally nothing for the GD channel to exist.One last thing to remember,Warners/Rhino did not buy the Vault (another common misconception) they lisenced it from the band for ten years, so in 8 1/2 years, there will be a new deal to make for both parties.

GADEADHEAD's picture
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Joined: Jun 5 2007
Appology Accepted

DG -
Sorry to take it all out on you. I realize that there will be both good and bad to come from this Rhino deal. This web site for instance, is the best thing to come out of it so far. I just feel like I am always fighting the man to get to listen to the GDH. First, we got it on in Atlanta. Then they pushed it back to the middle of the night. Then it left all together. Now the XM access is scrubbed.

I also have mixed feelings regarding the satelite merger. I want it to go through so I can get the Grateful Dead station and Hour, but I honestly don't feel like it should be allowed. I feel like the Bush administration has screwed up the system so much already, its hard for me to get behind another manipulation of the system to support a monopoly.

I miss Jerry and the boys screwing it up the old fashioned way - with their own label. Warner Bros is a large corporation and I can't help feeling like at some point, when something more profitable comes along or if someone like Rupert Murdoch buys them, this will all go away.

PS: You sound like Jake Blues (John Belushi) lieing in the storm sewer begging Cary Fisher for his life and flashing his puppy dog eyes when you say "It wasn't my fault!"

Peace

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Joined: Jun 20 2007
Sirius is serious FUN

I am loving the GD preview. Listening to the 10/26/89 Miami show. Holy DarkStar!!
I can't wait for the real thing!

paisley's picture
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Joined: Jun 9 2007
Anti-trust Law

...shall we go, you and I while we can...

The federal anti-trust statute says that 4 (or fewer) companies controlling more than 50% of a market constitutes a monopoly that is not legal. This is the hold-up on the merger between Sirius and XM. Ironically, niether stock is doing all that well. The most probable outcome here is that the FCC approves the merger and a federal district court hears arguments on the approval of the merger. Since Warner Bros. (the parent company of Rhino), wishes to "join" Sirius in other projects, involving the satellite transmission of feature films into your neighborhood theater, for example, Warners may acquire both companies and represent them as a "multimedia delivery system" to avoid the monopoly issue. Then, these two entities cease to be "radio stations" (already a misnomer) and are simply companies which so;d their satellite bandwidth to Warner's along with some programming(or not). The Dead Channel would certianly remain, but reorganization like this allows for the dissolution of the separate companies and the renegotiation of all their contracts (like Howard Stern's,for instance). Under this senario, look for the price of "satellite radio" to drop dramatically and potentially to be free sooner or later. Meanwhile it's 13.95 a month, and portable. The iPod analogy is quite correct.Also there is stream capturing technology available if you wish to record from this media.

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Joined: May 26 2007
Don't blame me

It wasn't my idea to leave XM. When Rhino made their deal with Sirius, I was required to take the GD Hour off XM. I was also hired by Sirius to consult on their GD channel, which is good for me and all that but doesn't do the XM people any good. Eventually they'll merge and we'll all have the best of both worlds. Until then, I am sorry for abandoning you but I swear it ain't my fault.

GD Hour blog
Station list

GADEADHEAD's picture
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Joined: Jun 5 2007
We XM subscribers have been screwed

I don't know if Ganz just doesn't give a crap about us or if he is just in his own little world, but a lot of Heads (including myself) went with XM instead of Sirous because we could catch the GD hour on XM. Now, out of the blue, they have simply cut us off and switched everything to Sirious. There are discussions to merge the two. Why on earth would they pull the plug now and not just ride it out until a merger? I'll tell you why - IT'S CALLED GREED! What ever happened to the montra that once the band is done with the music, it is the fans'. Needless to say, I am pissed. I'll just have to wait for the vampires to figure out another way to take my money from me. Have they hired Mickey's Dad to organizde this?
OK, OK I'll stop now before I say something I'll regret.

Peace -

neddles's picture
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Joined: Jun 8 2007
If the stupid government

If the stupid government would let the xm/sirius merger go through then you wouldn't have to switch!
How is it that they let Rupert Murdoch buy up the Wall Street Journal with out even lifting an eyebrow, but they have their panties in a bunch over satellite radio???
sheesh...

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GD Channel on Sirius Satellite Radio