Tim,
I am willing to admit that I just don't know at this point. I wish others
would do so too.
I hope you are right. I think some of these strong opinions that VOOM is
immediately dead come from the Sat guys forum. Frankly, if you go there and
check it out, you will see that they have sensationalist headlines like the
National Enquirer. I strongly disagree with that methodology. Unless they
can say with authority that they know a lot more than the rest of us via a
direct pipeline to the powers that be. This is one of the dangers of the
internet. Everyone gets to be a news reporter, but unlike the news media,
there is no accountability and no need for responsible reporting. Rumors
fly and individual opinions are repeated enough to become fact.
I will wait for the situation to develop, read whatever I can on the subject
( and there will be an abundance of reading material), and enjoy VOOM as
long as it's up there and is reasonably priced. If it ended tomorrow, it
still was perfect for someone like me who got a 50" DLP HDTV 7 mmonths ago.
It really has filled a void.
I'd like to think that the signups have increased lately based on the number
of VOOM forum applications I've processed. VOOM spent a lot of money
positioning themselves as the HDTV leader and advertised very well. IF I
bought the company I would not be so quick to throw all that out.
We'll see.
----- Original Message -----
From: "Timothy Fouts" <timothyfouts@mac.com>
To: <VOOM@yahoogroups.com>
Sent: Thursday, January 20, 2005 7:44 PM
Subject: Re: [VOOM] Re: Echostar Communication Buys Ranibow 1
I still say Rainbow 1 is sold but Voom as a company is not sold. Voom
will lease the transponder space back from Dish as Sky Angel does from
Dish.
On Jan 21, 2005, at 12:46 AM, Bruce Grodner wrote:
> Keith,
> I don't mean to be persnickety but everything in your email to Bob is
> based
> on conjecture. Both yours and the WSJ reported. Admittedly, good
> points
> are raised but if I paid that much for something, which we don't know
> yet
> exactly what that is that was purchased and what the intimate details
> of the
> deal are, I would not get up tomorrow morning and make any changes.
> They
> have yet to put a team of management people on it, check the books,
> etc.
> Have you ever bought a company? A company that size will require some
> serious appraisal before anything changes. After a period of review
> there
> will be a new game plan for sure. It will make interesting reading.
> as
> Gill says, "in the meantime, enjoying VOOM...."
> ----- Original Message -----
> From: "keithnet" <voom@keith.net>
> To: <VOOM@yahoogroups.com>
> Sent: Thursday, January 20, 2005 7:30 PM
> Subject: [VOOM] Re: Echostar Communication Buys Ranibow 1
>
>
> >
> >
> > Bob,
> >
> > Wouldn't it just be easier to face the reality that VOOM is over?
> >
> > Why would they continue the company without their main [and
> currently
> > only] satellite? Why would EchoStar buy VOOM's satellite to keep the
> > venture going?
> >
> > If those questions aren't enough for you, let me quote the recently
> > published Wall Street Article (1/20/05 @ 10:08pm):
> > "Cablevision Systems Corp. will shut down its Voom satellite service
> > and sell most of the assets of the money-losing business to EchoStar
> > Communications Corp. for $200 million in cash."
> >
> http://online.wsj.com/article/0,,SB110626286893131967,00.html?
> mod=yahoo_hs&ru=yahoo
> >
> > It's sad, but true. VOOM was just losing too much cash and not
> getting
> > enough subscribers. It certainly may be a great service, but great
> > things don't always last.
> >
> > -Keith
> >
> > --- In VOOM@yahoogroups.com, "Bob Mankin" <bob@c...> wrote:
> > > When the satellite gets turned off???? I think you're exaggerting
> a bit
> > > Scott.
> > >
> > > Voom has leased space on a different satellite and has a new
> ground
> > station
> > > facility coming online. Coincidently, that's due to happen right
> > about the
> > > time they promised an increase in channels for March.
> > >
> > > Chuck Dolan didn't get rich by being stupid. I doubt he sent out
> the
> > memo
> > > without knowing full well that Rainbow 1 was about to be sold. My
> > guess is
> > > he has more tricks up his sleeve than anyone here knows about yet.
> > >
> > > Bob
> > >
> > > > -----Original Message-----
> > > > From: Scottbusy [mailto:sgbusy@o...]
> > > > Sent: Thursday, January 20, 2005 6:49 PM
> > > > To: VOOM@yahoogroups.com
> > > > Subject: [VOOM] Re: Echostar Communication Buys Ranibow 1
> > > >
> > > >
> > > >
> > > > Personally, I think you are way off base here. Echostar did
> > > > not buy the VOOM business, they bought the Rainbow 1
> > > > satellite and related equipment. VOOM basically will not
> > > > exist when this deal goes through. VOOM has no more
> > > > satellite. It is just a matter of when the satellite gets
> turned off.
> > > >
> > > > Scott
> > > >
> > > >
> > > > --- In VOOM@yahoogroups.com, "thegrod" <bruceg@h...> wrote:
> > > > > They are not off the air so just hold your horses. I work in
> the
> > > > corporate
> > > > > world and you can expect the unexpected in these situations.
> And
> > > > > changeovers take time. I will continue to pay my bill and
> expect
> > > > service
> > > > > until I am told to do something different or sent a notice of
> > > > termination of
> > > > > services and a refund check for what i've already paid out.
> > > > > I see nowhere in the announcement where it conclusively
> enumerates
> > > > what is
> > > > > going to happen and when. People have purchased equipment as
> well
> > > > as
> > > > > leasing from VOOM and this will have to be considered. There
> are
> > > > legal
> > > > > obligations plus there is a lot of issues to hash out.
> > > > > I don't know that the name VOOM or any of their original
> > > > programming will
> > > > > survive but I'd rather be a subscriber at this moment than
> not. I
> > > > might be
> > > > > a bit concerned if I purchased the equipment rather than
> leased.
> > > > > If there is a transition you can anticipate the strong
> possibility
> > > > of some
> > > > > very nice deals for existing VOOMers. I could be wrong but to
> > > > take care of
> > > > > us represents a drop in the bucket in exchange for ptential
> > > > monthly revenue
> > > > > stream for the long term. And that's what cable and Sat TV
> > > > providers are
> > > > > really fighting over.....
> > > > > ----- Original Message -----
> > > > > From: "Scottbusy" <sgbusy@o...>
> > > > > To: <VOOM@yahoogroups.com>
> > > > > Sent: Thursday, January 20, 2005 6:20 PM
> > > > > Subject: [VOOM] Re: Echostar Communication Buys Ranibow 1
> > > > >
> > > > >
> > > > >
> > > > >
> > > > > It is a very sad day. Thanks for a great 1 1/4 years VOOM.
> > > > I enjoyed
> > > > > the service greatly. Sorry it ended.
> > > > >
> > > > > Scott
> > > > >
> > > > >
> > > > > --- In VOOM@yahoogroups.com, Timothy Fouts <timothyfouts@m...>
> > > > wrote:
> > > > > > Is Voom still on at 9pm EST?
> > > > > >
> > > > > > On Jan 20, 2005, at 8:01 PM, abcward wrote:
> > > > > >
> > > > > > >
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> > > > > > >
> > > > > > > <l.gif>
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > > .
> > > > > > >
> > > > > > >
> > > > > > > .
> > > > > > >
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> > > > > > > .
> > > > > > >
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> > > > > >
> > > > > > [Non-text portions of this message have been removed]
> > > > >
> > > > >
> > > > >
> > > > >
> > > > >
> > > > >
> > > > >
> > > > > Yahoo! Groups Links
> > > >
> > > >
> > > >
> > > >
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> > > >
> > > >
> > > > Yahoo! Groups Links
> > > >
> > > >
> > > >
> > > >
> > > >
> > > >
> > > >
> >
> >
> >
> >
> >
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> >
> > Yahoo! Groups Links
> >
> >
> >
> >
> >
> >
> >
>
>
>
> Yahoo! Groups Links
>
> . To visit your group on the web, go to:
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