Satellite Radio Is Dead Within Two Years

Even though satellite radio has improved since it’s launch and content has gotten better since the merger of Sirius and XM, Mike Elgan at the IT trade publication Datamation predicts that "Satellite radio will come crashing down to Earth within the next two years."

This is not good news for me, being a Sirius/XM subscriber and avid Howard Stern fan. The article discusses six trends that will kill satellite radio in the years to come:

1.) The rise of MP3 phones.

2.) The rise of MP3-compatible cars.

3.) The coming wave of mobile broadband dashboards.

4.) The rise of podcasting.

5.) The rise of live podcasting.

6.) The economy is "cratering.""

Other factors hurting satellite radio is the $3.4 billion of debt that they have accrued as well as the 45% reduction in sales of GM cars, which is the main Sirius/XM channel for new subscribers. I guess the next step for the "King of All Media" is retirement.