US radio firms planning tie-up
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US satellite radio firm Sirius plans to acquire rival XM for $4.6bn, but the move could come under tough scrutiny.
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Radio broadcasters are considering technology and business models that may soon allow listeners to click, listen and buy the tunes they hear on their favorite radio stations.
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Musicians are choosing to host radio shows on satellite networks for freedom in programming, airplay and brand extension.
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Satellite radio rivals XM and Sirius yesterday agreed to a $13 billion dollar merger that's likely to face tough opposition from antitrust regulators and could be disruptive to millions of subscribers who may have to buy new radios and accept fewer listening options.
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The top executives at the nation's two satellite radio companies detailed pricing plans Monday that they said would let customers choose which channels they want to receive if the two firms are combined.
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The Federal Communications Commission has signed off on the $19.5 billion deal that will take the nation's largest radio broadcaster private, an agency official said Thursday.
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A motley crew of organizations is backing the merger of XM and Sirius, if only to get some press-release loving.
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The U.S. Federal Communications  Commission on Tuesday set a roadmap for making airwaves between  television channels available for other services by early 2009,  when broadcasters are due to switch to digital signals.
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The second-largest radio company in the U.S. based on station count has agreed to sell the company to a group of investors that includes the broadcasterâs chief executive.
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The satellite radio companiesâ pricing plans would allow customers to choose which channels they want if the two firms are permitted to merge.
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Music publishers and U.S. commercial  radio station owners said on Monday they had agreed to a new  $1.7 billion deal to cover licensing rights for music played  over radio airwaves or via radio station Web sites.
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The two companies announced a solution Wednesday that lets safety personnel talk to each other through its public safety radios and Nextel phones.
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A company called Jook Inc. has developed a way for multiple earbud-wearing practitioners of the digital life to share music through a kind of broadcasting technology.
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Industry executives say they have closed in on a solution as to how to make advertising a viable revenue source for podcasting.
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XM and Sirius, the two satellite radio companies that have spent millions of dollars trying to woo pay-for-service customers, yesterday announced plans to merge in hopes of stemming losses and offering an even larger smorgasbord of music, talk and sports.
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U.S. TV broadcasters will be ready to start transmitting signals for portable electronics like cell phones next year, the developers of the technology, LG Electronics Inc. and Harris Corp., said Sunday.
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Hundreds of US net radio stations face potential closure from Monday when a new royalty fee begins.