[BC] Jim Cramer: "Radio is Dead"

[Tom Taggart]

CNBC has been shilling for satellite radio recently.  No surprise. It's  
new, it's different, and they are "penny stocks."  Of course, they also  
have a "New York is the center of the Universe" perspective on the  
business world, so they probably figure Stern's imminent departure from  
over-the-air radio is a sign of the approaching appocalypse.  As well as  
other highly visible efforts by Sirius (XM as well) to convey the sense  
that all special events are going to go to satellite alone. MLB, NASCAR,  
etc.

Satellite is probably not viable long-term as separately owned companies.
Watch for Mel to merge Sirus with a newly independent Infinity if Viacom  
does a spin-off as rumored.
Leaving XM to merge with another broadcast company.  Probably not GE/NBC,  
though.  No profit.