Interesting, although it’s been speculated to death for the past 2.5 years. Wonder if the FCC and DOJ will step in and prohibit the proposed merger of equals? If so, what will become of XM Radio and Sirius, both of which are and have been (and likely will continue to be) unprofitable?
I personally see this passing regulatory requirements, but we’ll see.
Link to story.
EDIT: Here’s a great analysis of this news.
Technorati Tags: xm-radio, sirius, business, investing, satellite-radio, xmradio
3 responses so far ↓
Sparty1 // February 19, 2007 at 5:35 pm
I’ve been thinking the same thing for months. DOJ comes in and says, “monopoly”. SIRI and XM say, “bankrupt”. Add insult to injury, XM is starting to play commercials all the time. I don’t travel great lengths in a car very often where I am leaving one station’s range and looking for another. Begs the question, why am I paying for this again? Pleeeease don’t tell me about “CD quality” music - it all sounds the same while I’m driving.
Jeff Ventura // February 19, 2007 at 5:37 pm
Sparty: good points. Check out the analysis of the story, which I just updated.
Jeff Ventura // February 19, 2007 at 8:12 pm
Also: I have Sirius, provided free for one year courtesy of Daimler-Chrysler. Thank God it’s free, because aside from the two comedy channels, I can’t see myself paying for it, AND I drive 35-minutes each way to and from work.
As for CD-quality sound — pshaw. Bullshit. I’m in a *car*, which sucks acoustically anyway.
Satellite radio needs this to happen if it wants to be considered viable.
As of right now, there’s a 80% chance I will not be renewing my Sirius after my free year is up.
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