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FCC approves XM-Sirius satellite radio merger - 7/26/2008 6:55:46 PM
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humbleinspirit
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WASHINGTON - Sirius Satellite Radio Inc.'s $3.3 billion buyout of rival XM Satellite Radio Holdings Inc. will mean millions of subscribers will be able to receive programming from both services, while executives say it will create huge cost savings for the industry.
Federal regulators formally approved the merger of the nation's only two satellite radio operators Friday.
"I think it's going to be, in the end, a good thing for consumers and be in the public interest," Federal Communications Commission Chairman Kevin Martin told The Associated Press. "Consumers will enjoy a variety of programming at reduced prices and more diversified programming choices."
Subscribers will not have to buy new radios to receive a mix of programming from both services, according to the companies. But if they want to pursue a special pay-per-channel a la carte option, they will need new sets.
The FCC voted 3-2 to approve the buyout, with the tiebreaker coming Friday night from Republican commissioner Deborah Taylor Tate.
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RE: FCC approves XM-Sirius satellite radio merger - 7/30/2008 2:04:24 PM
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rockitd
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Pretty much the same thing. Hope it maintains the Christian elements.
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RE: FCC approves XM-Sirius satellite radio merger - 7/30/2008 5:30:36 PM
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Rufas2000
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My XM on DirecTV has lost "the Torch", a Christian music channel of hard rock & hip hop. The on screen message said that XM no longer carries the channel.
As long as XM keeps Eddie Trunk Live I'll be happy.
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RE: FCC approves XM-Sirius satellite radio merger - 7/30/2008 5:42:45 PM
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rockitd
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That is the problem of mergers....the good stuff gets lost in the shuggle...
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He'll finish what He started Phil. 1:6
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RE: FCC approves XM-Sirius satellite radio merger - 7/30/2008 11:38:14 PM
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PrincessButtercup
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"The Torch" was gone long before the merger.
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You know that I have from the start
So build me up, Buttercup, don't break my heart...
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RE: FCC approves XM-Sirius satellite radio merger - 7/31/2008 11:59:29 AM
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Rufas2000
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quote:
"The Torch" was gone long before the merger.
True, at least in a hard and fast sense. However, the merger has been in negotiations for at least a year that I know of, probably longer. So perhaps it was removed in preparatiion for the merger
Any insight on why The Torch is gone or what it might be replaced with?
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RE: FCC approves XM-Sirius satellite radio merger - 7/31/2008 4:45:53 PM
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PrincessButtercup
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I hadn't thought that maybe it was for preparation. It makes sense, because as far as I know, Sirius doesn't have a Christian rock station.
But I hope they replace it. I liked having another Christian station to go to in the event that I couldn't stand the song playing on the other one. haha!
_____________________________
I need you more than anyone, darlin'
You know that I have from the start
So build me up, Buttercup, don't break my heart...
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RE: FCC approves XM-Sirius satellite radio merger - 7/31/2008 10:37:12 PM
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Rufas2000
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quote:
But I hope they replace it.
Me too, me too.
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