Jonathan Jacoby Quotes

We believe people are choosing satellite radio due to its differentiation from terrestrial radio and are not joining simply because of a single programming option. - Jonathan Jacoby

To reach break-even on Stern, we estimate Sirius requires 2.4 million incremental subscriptions. - Jonathan Jacoby

The results indicate to us that larger markets continue to outperform smaller markets. - Jonathan Jacoby

Station ownership rules could constrain certain buyers like CBS and NWS, which own a large number of TV stations. However, we believe it's possible that UVN could spin-off or sell the TV station business separately from the networks or the conglomerates. - Jonathan Jacoby

[We] feel management needs to give more transparency on churn expectations and true cost of Stern. - Jonathan Jacoby

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