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A “Virgin” death

Greg — Tue, 03 Mar 2009 20:24:56 +0000

Last week, there was a lot of coverage regarding two major Virgin Megastore closures in NYC and San Francisco.

Today in an article posted at Rolling Stone’s site comes word that ALL of their stores are closing including the LA store.

I used to live up the street from the LA store and recall fondly going there to buy CD’s. While I don’t buy physical CD’s much anymore and realize there is a much larger discussion here (with regard to the growth of digital stores) this is still sad news and blows my mind.

Sirius in serious trouble

Greg — Wed, 11 Feb 2009 17:22:12 +0000

The global economic issues are claiming businesses left and right.

Not immune are companies that once appeared to be untouchable.
But lo and behold, even after Sirius and XM merged, Sirius is apparently on the verge of going belly up.

According to this article in Rolling Stone today the debt is overwhelming and could force the immediate termination of Howard Stern’s contract among others.

Amazing.
It seems like literally yesterday that XM and Sirius were all the rage and in a blink, the ginormous programming beast could be slayed.