It never ceases to amaze me how some antiquated business models employ extreme protectionism over the control they have over long-established industries and consumer goods segments of the economy. Resistance to change rums rampant, but in the age of the Internet where information and data -- all kinds of data -- can be freely interchanged in an instant, the days are numbered for some industries unless change occurs, even if it means being dragged into a "new digital world."
The struggles of satellite radio companies like XM Satellite Radio (NASDAQ:XMSR) and Sirius Satellite Radio Inc. (NASDAQ:SIRI) are overshadowed a bit when these companies attempt to give their customers innovative products. Alas, XM Radio just can't seem to get a break for introducing innovative features for its consumers like portable radio receivers that can -- gasp with me -- store content for later viewing. Think of it as a TiVo for radio in a sense as you view this product.
As Michael Fowlkes wrote about earlier, the Recording Industry
Just read the comments over at this blog post on TechDirt -- some of them are so well-written and convincing that you'd bet there is some partial truth to them. Is there?
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