Liberty Papers (www.thelibertypapers.org) has great XM Satellite Radio news, photos, videos and more
So what happens if XM and Sirius merge, and they change their rates to $30/month because they’ve become a monopoly? It’s simple. Only people who think that satellite radio is worth $30/month will subscribe. For example, I am an XM subscriber. Yet I live in Atlanta, one of the major radio marke...
There’s no question that the proposed merger is facing an uphill battle in Washington, but I don’ t think that Mel Karmazin, the CEO of Sirius, helps the situation when he basically concedes that his company, and XM, are subject to regulation for the “good of the public”:
It may be a difficult argument to win, but XM Satellite Holdings and Sirius Satellite Radio’s officers say it’s worth the gamble and have assembled an expensive and experienced team of lobbyists to aid them in the fight. Alone, the companies have suffered heavy losses and spent heavily on...