It's official: XM and Sirius plan to tie the knot

engadget.com — XM and Sirius have just issued a joint press release stating their intention to become life partners in a proposed $13 billion deal, which still must pass rather daunting regulatory scrutiny and opposition from such heavyweights as the National Association of Broadcasters. Feb 19, 2007 View in Crawl 4

Save
Bury

118 Comments

catfud Feb 19, 2007

0 diggs
-0 / +0

Show Buried Comment
Report

Digg
Bury

Im worried that the merger will have Sirius content basicly taking overmeaning anything that XM and sirius both have will be transformed into the sirius versioni see this as Sirius just gettting Oprah MLB and O&A and Bob Edwardswhich is a shame cuz XM has better equipment, a better name, and better music channels

muyoso Feb 19, 2007

0 diggs
-0 / +0

Show Buried Comment
Report

Digg
Bury

They will be gagged again, and then they will blow up their careers . . . . again. This time I am pretty sure it will be for good, which will make this silly boy sad.

petelp Feb 20, 2007

0 diggs
-0 / +0

Show Buried Comment
Report

Digg
Bury

@killerofkiller "FCC has no jurisdiction over this "Yes they do. As does the DOJ. The FCC chooses to licenses the spectrum used to transmit sat radio signals. When Sirius first applied to the FCC for their license (Sirius was called CD-Radio at that time) they were told they would only get it, if they could get some other company to run a similar business so that there would be competition. Thus XM was born. (And yes XM went live first due to Sirius's tech problems.)I'm hoping this goes through since I agree with those that say prices won't go up, but content options will. They are both really having financial difficulties so this will help them survive. Increased prices would reduce sub growth IMO, and thus is not a big concern.I'm totally in favor of anti trust regs in general, but not everywhere nor at all costs. I believe this monopoly would be better for both the consumers and the investors.