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May 24, 2011

Comments

Tom

I think you may wish to check your math, or at least make it more clear.

I'm confused by how you convert from AQH to the number of listeners for a stations, either per week, month or year.

Sirius is reporting total revenue divided by total number of subscribers.

I think you are calculating total revenue divided by number of listeners in a quarter hour period. Since an individual does not listen 24x7, AQH would be 1/8 to 1/10 the total number of listeners, no?

Isn't a broadcast radio listener worth more like $80-100 in ad revenue per year?

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