Sirius, XM resort to FCC-baiting merger
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Oprah and Howard Stern in 'merger of equals' As we predicted on Friday, subscription satellite radio providers Sirius and XM have announced a plan to merge in the face of rapidly propogating entertainment delivery platforms.â¦
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WASHINGTON -- Executives at the nation's two satellite radio companies released details of pricing plans Monday that would allow customers to choose which channels they want to receive if the two firms are permitted to merge.
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Whether federal regulators allow Sirius and XM to merge rests on how they view the radio marketplace: Does combining the nation's only two satellite radio companies create a monopoly, or does the growing presence of music on cellphones, computers, and iPods amount to competition?
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The FCC begins its formal review process for the Sirius and XM merger.
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By SETH SUTEL Associated Press  NEW YORK -- Satellite radio rivals XM and Sirius have every intention of merging, but not just yet.   Until they clear serious regulatory hurdles, Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc.
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By Richard Siklos  The chief executive of Sirius Satellite Radio, Mel Karmazin, is taking the campaign to sell his company's proposed merger with XM Satellite Radio to Washington. On Monday, Karmazin appeared on the often-bawdy Howard Stern show on Sirius.
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Sirius Satellite Radio Inc.   and XM Satellite Radio Holdings Inc.  said on Monday  that if their proposed merger is approved, they will offer  subscriptions priced 46 percent below current levels, and would  let customers buy packages of their favorite channels.
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Opponents and supporters  of the proposed Sirius-XM deal, which would shrink the  satellite radio universe to one provider, laid their pros and  cons before the Federal Communications Commission on Monday.
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If the merger between XM Satellite Radio and Sirius Satellite Radio is approved, the combined company would offer new pricing plans to allow consumers to pay only for the stations they want, Sirius chief executive Mel Karmazin said yesterday.
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What do you think, folks at home? The Federal Communications Commission is seeking public comment on whether it should uphold a 1997 decision that bars satellite radio rivals Sirius and XM from merging.â¦
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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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Political opposition to the merger of satellite radio providers XM and Sirius increased on Wednesday, as the chair of the Senate antitrust committee sent a letter to both the FCC and Justice Department opposing the deal.
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Sirius Satellite Radio Inc.   and XM Satellite Radio Holdings Inc.  expect their  merger to close by the end of 2007, according to presentation  slides for an analysts' conference call on Tuesday.
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XM and Sirius are winning support for their once-controversial merger.
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Sirius Satellite Radio Inc. and XM  Satellite Radio Holdings Inc. said on Monday they would offer a  subscription package priced 46 percent below current levels,  and would also let customers buy packages of their favorite  channels, after their proposed merger.
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Executives of satellite radio rivals Sirius Satellite Radio Inc.  and XM Satellite Radio Holdings Inc.  have been meeting lately to discuss the possibility of a merger, the New York Post reported on Wednesday, citing several sources close to the matter.
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The urge to merge within both the  recording and satellite radio industries this week reflects how  tough it is to compete profitably within the evolving digital  media market.