Comments on: An XM-Sirius union: Yea or nay?
Federal regulators want the public's feedback on whether to waive a 1997 rule that would frown upon the proposed combo.
Federal regulators want the public's feedback on whether to waive a 1997 rule that would frown upon the proposed combo.
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Anyway, I really don't see how the FTC can allow XM and Sirius to
merge. Aren't they the only two satellite radio operators in the
country? If not they both make up 98.99% of the market!
If this was in Europe, the European Commission regulators would not give this merger any support what so ever. This is due as it will make a monopoly of satellite radio, and the fear is it will cause fees to go up, quality to go down and consumers will lose out in the end. We have seen this before in the merger between Sky and BSB and Canal+Satellite and TPS.
I don't want to see this merger take place. If it does, I may have to reconsider my monthly subscription.
- at least one will fold without the merger
- by jewel942 July 24, 2007 8:52 AM PDT
- My company supplies hardware for both XM & Sirius. Subscription rates had leveled off even before the merger announcement, due to other viable competitors (mainly traditional radio, HD radio, internet radio, and iPod/MP3 players).
- Like this Reply to this comment
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(7 Comments)Neither company has ever turned a profit, and given the current environment, it is hard to project that either will be able to do so consistently. We have been advised that it is very possible one of the two will be liquidated within months, should the merger not be approved.
The FCC and Congress need to look beyond their traditional near-sightedness on this merger.