Shift on Antitrust Issues May Aid Sirius-XM Deal
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The regulatory tone in Washington has changed since a failed effort to merge EchoStar and DirecTV, two satellite television providers, four years ago.
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The head of Sirius Satellite Radio  Inc. told U.S. lawmakers on Wednesday he was ready to make  concessions, such as capping prices, to win federal approval of  its proposed purchase of XM Satellite Radio Holdings Inc.
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Concerns fade over congressional interference in XM-Sirius deal.
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In the latest battle for distribution and subscribers, XM Satellite Radio Inc. and its rival Sirius Satellite Radio Inc. yesterday announced separate deals with Toyota Motor Sales U.S.A. Inc.
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Broadcasters nationwide need not worry about local advertising revenue disappearing if the proposed takeover of XM Satellite Radio Holdings Inc. by Sirius Satellite Radio Inc. goes through, the FCC's chairman said Thursday.
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Satellite radio company XM's fight against the Recording Industry Association of America over receivers with the ability to record content may finally be coming to a close.
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By A Barton Hinkle  There is something strange about the decision by satellite radio companies XM and Sirius to merge.
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Sirius Satellite Radio plans to buy larger U.S. rival XM for $4.6 billion in stock to bring entertainers such as Oprah Winfrey and shock-jock Howard Stern under one roof, but a top regulator said the deal would face a tough time winning approval.
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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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The two main satellite radio providers, XM Satellite Radio Holdings Inc. and Sirius are expected to announce a long-awaited merger on Monday, according to the New York Post.
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The deal could be a sign that the satellite radio provider's legal woes surrounding the recording functionality of some of its receivers may be waning.
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Exasperated listeners weary of hearing the same songs over and over on the radio may have something to cheer about: a pair of innovative deals that could shake up the music playlists of some of the nation's largest radio-station chains.
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The chairman of the U.S. Senate's  antitrust subcommittee on Wednesday urged regulators to block  Sirius Satellite Radio Inc.'s proposed acquisition of XM  Satellite Radio Holdings Inc..
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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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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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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 permitted to merge.
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The satellite radio provider has gotten ahead of itself, but selling now would be a mistake.