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February 12, 2004
So what's TiVo's problem?
Sirius launched in mid-2002 and today, in 2004, Reuters reports:
Sirius Satellite Radio on Thursday raised its subscriber forecasts for 2004, boosted by a new agreement that calls for retailer RadioShack and EchoStar Communications' Dish Network to distribute Sirius' service. The New York-based company said it now expects to reach 1 million users this year and that its full-year 2004 revenue will exceed $70 million. Its previous forecast was 860,000 subscribers and $60 million in revenue. Sirius said it still expects to reach the cash-flow break-even point of 2 million subscribers by the end of 2005.
Radio broadcasters, the future is calling.
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