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  1. #1
    Hot For Teacher steveo56's Avatar
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    Default XM-Sirius merger approved by DOJ

    Justice Department gives thumbs up to satellite radio merger more than one year after it was first announced.

    March 24, 2008: 3:17 PM EDT

    NEW YORK (CNNMoney.com) -- The U.S. Justice Department approved the merger between satellite radio companies Sirius and XM Monday, more than a year after the two companies first announced their deal.

    In its decision, the Department of Justice had to determine whether an XM-Sirius merger was anti-competitive, or if other media companies such as Clear Channel (CCU, Fortune 500), CBS (CBS, Fortune 500), or even Apple (AAPL, Fortune 500) with its iTunes software and iPod music player served as alternate options for music and media customers.

    The Federal Communications Commission must also approve the deal before it can officially be completed. The FCC has yet to make a decision on the deal.

    The merger would combine the nation's only two satellite radio companies and create a company with about 14 million subscribers. It would bring together Sirius' most well-known content, including Howard Stern and National Football League games with XM's Major League Baseball as well programming from Oprah Winfrey.

    Shares of XM (XMSR) and Sirius (SIRI) both rose after the announcement.

    http://news.google.com/news?q=sirius...=1&sa=N&tab=wn
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  2. #2
    Eruption
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    10.10.17 @ 07:26 PM
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    Good!! Now Howard can quit bitchin!! LOL

  3. #3
    Good Enough
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    12.11.17 @ 05:09 AM
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    Default

    so what does that mean for people who subscribe to one of the other already?

  4. #4
    On Fire Eddie's Littler Monster's Avatar
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    07.14.17 @ 10:27 AM
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    It means you can now hear both.

    All major sports plus Stern and talk for both.

    I'm not sure about the music channels.

  5. #5
    Emperor of VHLinks.com Brett's Avatar
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    12.11.17 @ 02:36 PM
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    It means the prices will be going up soon. And Howard has been whining about it for months now, glad to see we'll hear the end of that. It was getting old.
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  6. #6
    Hang 'Em High RRMB's Avatar
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    05.21.17 @ 06:42 PM
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    Howard who???

    His show is borning since he moved to Sirius. Never really liked it that much anyhow. Being an old radio guy though, I will give him props for pushing the envelope in commercial radio. Sure genius marketing man in that aspect.

    This'll be cool though, I'll be able to catch Cubs games on the road again.
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  7. #7
    Eruption ChrisTheEdHead's Avatar
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    Quote Originally Posted by Brett View Post
    It means the prices will be going up soon.
    Yep...no doubt it will. But I will be able to get NFL on XM!
    "Look, I'll pay you for it, what the f**k?!"

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  8. #8
    Eruption
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    well I just payed my dues for the next year, so they better not charge me anymore

  9. #9
    On Fire Eddie's Littler Monster's Avatar
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    07.14.17 @ 10:27 AM
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    What makes you think prices will go up? I doubt they would do that, at least right away. It's going to take a least 3- 6 more months to iron out all details anyway.

    Plus, they going to have an ala carte option so, you may not have to pay for all the channels you don't want. (supposedly)

  10. #10
    Baluchitherium Duke's Avatar
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    It's not quite a done deal yet, the FCC still needs to put their "OK" stamp on it.
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  11. #11
    Good Enough namedmydaughterHALEN's Avatar
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    Quote Originally Posted by ChrisTheEdHead View Post
    Yep...no doubt it will. But I will be able to get NFL on XM!
    prices are gonna drop actually. you will be able to order al carte, only the channels you desire. i think they said that 25 or 50, i think 50, will be like $6.95 a month. quite a deal. xm has nothing i really desire. i did find out that lex and terry are simulcast on xm so it will be nice to hear them again.
    i only listen to about 6 stations regularly anyway.

 

 

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