Satellite radio rivals set merger
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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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By Paul Davidson  To win approval of their blockbuster merger, the nation's two satellite radio companies would accept government-mandated conditions guaranteeing consumers lower prices and more channels, the head of Sirius Satellite Radio told lawmakers Wednesday.
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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.
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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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Rivals in the satellite radio industry merge and investors hope for lower costs -- but significant regulatory hurdles lie ahead. By the Associated Press.
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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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The planned merger of the nationâs two largest satellite radio services, XM and Sirius, raises questions about antitrust issues.
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Rivals XM Satellite Radio Holdings Inc. and Sirius Satellite Radio Inc. on Tuesday traded hits in the intensifying race for new subscribers, separately announcing distribution deals with Toyota Motor Corp.
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The planned $13 billion merger of the nationâs two satellite radio services, Sirius and XM, is sure to raise antitrust issues.
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The two main U.S. satellite radio  providers, Sirius Satellite Radio  and XM Satellite  Radio  on Monday said they would merge in a  stock-for-stock deal, a move that has been long expected in the  young industry.
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The two big players in the emerging satellite radio business both announced gains in subscribers Monday as 2004 drew to a close.
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Rivals XM Satellite Radio and Sirius Satellite Radio both have ventured again to the automotive industry in their latest efforts to land new subscribers, announcing separate distribution agreements Tuesday with Toyota Motor Corp.
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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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XM and Sirius are winning support for their once-controversial merger.
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The chief executive of Sirius Satellite Radio, Mel Karmazin, is taking the campaign to sell his companyâs proposed merger with XM Satellite Radio to Washington.
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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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Sirius and XM issued statements that their existing radios would work with the new service they would create by merging, but will the number of channels available increase? In Listening Post.