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Post by NotMyKid on Mar 24, 2008 13:40:48 GMT -6
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Post by The Bluzmn on Mar 24, 2008 13:44:03 GMT -6
Sweet! I assume this means that I will be able to get Howard on my XM Radio!
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Post by NotMyKid on Mar 24, 2008 13:54:58 GMT -6
Sweet! I assume this means that I will be able to get Howard on my XM Radio! Yep, and I will be able to get MLB games on my Sirius! |
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Post by idrinkthereforeiam on Mar 24, 2008 14:17:40 GMT -6
That is insane!
I love it. Can't wait to see what happens. Hopefully XM's content (as far as rock) improves.
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Post by idrinkthereforeiam on Mar 24, 2008 14:20:52 GMT -6
Sirius/XM Get Green Light From DoJ
By Amy Gilroy -- TWICE, 3/24/2008 1:11:00 PM
Washington — The U.S. Department of Justice (DoJ) cleared the merger of Sirius Satellite Radio and XM Satellite Radio.
Further approval by the Federal Communications Commission (FCC) is now likely to follow suit, said analysts, which would give a green light to the long-awaited merger valued at $5 billion.
“It’s very rare that the FCC would have a contradictory ruling,” said RBC Capital Markets analyst David Bank. He said approval could be in “days or the next quarter. My sense is the FCC is going to move relatively quickly.”
It is also possible the FCC could place stipulations on the deal, including that the companies be required to rent out a slice of spectrum to other parties, he noted.
Sirius has said in the past that the merger could be finalized almost immediately following federal approval.
Industry members welcomed today’s news. Jim Minarik, president and CEO of Directed Electronics, the distributor of Sirius products, said, “We are pleased to learn of the approval of the Sirius/XM merger by the DOF and hope the FCC will quickly follow suit … While these two companies have been fierce competitors, we believe that by combining their forces, they will be much better positioned to win customers over from alternative forms of entertainment, including terrestrial radio, MP3 players and all the other options available to consumers today.”
Patrick Lavelle, president and CEO of Audiovox, which is XM’s distributor said, “We believe that this merger will allow the new entity to fuel market growth by eliminating content duplication.”
The boards of directors at both XM and Sirius have already approved the merger.
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Post by idrinkthereforeiam on Mar 24, 2008 14:21:16 GMT -6
You just have to hope the FCC approves too.
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Post by Solar Stud on Mar 24, 2008 14:54:24 GMT -6
I like my NFL, Maxim, Howard and Cosmo on Sirius.
I do miss MLB and Big-10 sports.
Looks like that'll be fixed.
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Post by GhostMod 5000 on Mar 24, 2008 16:35:17 GMT -6
Nothing is better for consumers than lack of competition!
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Post by NOTTHOR on Mar 24, 2008 21:07:03 GMT -6
Nothing is better for consumers than lack of competition! Back to terrestrial radio for all. Then, you'll have your choice of Rush, three different preachers, two country stations, an 80's station and a Christian rock station. It sure looks like the consumers on this board are pretty happy about the merger. The only people who likely are opposed to this merger are liberals who don't understand the relevant market and the terrestrial radio companies. If we left the liberals in charge of antitrust, we'd still have protections in place for buggy whip manufacturers. |
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Post by NotMyKid on Mar 25, 2008 9:22:49 GMT -6
Nothing is better for consumers than lack of competition! What radio station do you work for? How many people have no choice in cable companies? not to mention ipods, internet radio, regular radio. It's like HBO if you don't like what it offers you don't have to buy it. |
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Post by GhostMod 5000 on Mar 25, 2008 10:06:39 GMT -6
I am just saying, the overall quality of satalite radio will go down. Just like when comemrcial radio ownership was consolidated, the quality of comemrcial radio went downhill. And really, really fast! Do you know anyone over the age of 14 who enjoys the choices they have on the radio?
I love XM radio, because I can listen to genres I can't hear on commercial like New Wave, house, trance, and underground hip-hop. I am frankly worried that without competition by Sirius, they will stop innovating, and stop trying new things.
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