Monday, March 24, 2008

HUGE NEWS: Sirius and XM Merger Approved

Check the story here:


What do you think? What does this mean for commercial radio, as the move was strongly fought by the National Association of Broadcasters?

In the height of a recession, I'm not sure it means much. It's going to be harder and harder to get people to spend more money on radio, when they can barely afford gas.

The stock market sure likes it.

6 comments:

Anonymous said...

This is meaningless to terrestrial radio. Satellite radio has had a minimal impact on terrestrial radio and is already obsolete technology. Chances are good that the merger will adversely impact subscribers to both services. The future is on-line.

RADIO FREE WOHLMAN said...

Yo Kava,

FCC approval next.

Payday is coming. 12 month target - $5-6!!!!

Love,

Dave
RFW

Kevin said...

I have this feeling that, as an XM subscriber, I'm going to get screwed by this thing.

mchristie said...

Let's see what the FCC decides before we get too carried away - one way or the other.

Bob said...

Well, provided the FCC gives its approval, this merger will have the same affect as most others: better product, better service, and lower prices for the consumer.

Ha, ha! Just kidding. As the only available satellite radio service, Sirius will be able to charge higher prices for inferior programming. That may seem irrational, since it'll eventually drive them out of business, but these guys are all about the quick payday, not the long term.

Bob said...

...have the same effect...

Oy.