| midnightMDX |
Federal regulators formally approved the merger of the nation's only two satellite radio operators Friday, ending a 16-month-long drama closely watched by Washington and Wall Street.
Sirius Satellite Radio Inc.'s $3.3 billion buyout of rival XM Satellite Radio Holdings Inc. will mean 18 million-plus subscribers will be able to receive programming from both services. Executives say it will mean huge cost savings that will lead to a first-ever profit for the relatively nascent industry.
The Federal Communications Commission voted 3-2 to approve the buyout, with the tiebreaker coming Friday night from Republican commissioner Deborah Taylor Tate.
Sirius and XM also have promised to include a limited "a la carte" offering that would be available within three months of the close of the deal and allow listeners to pay only for the channels they want to receive.
http://money.cnn.com/2008/07/25/tec...=2008072520#TOP |
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| gmc74 |
| i can't wait to get sirius channels on my built in xm radio so I can remove the sirius stiletto from my X |
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| G. COLTON |
As long as I can get my Country/Western and 40's and 50's channels I do not carel
G |
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| JL_SS |
quote:
[i]
Sirius and XM also have promised to include a limited "a la carte" offering that would be available within three months of the close of the deal and allow listeners to pay only for the channels they want to receive.
http://money.cnn.com/2008/07/25/tec...=2008072520#TOP [/B]
Keep in mind that only the new generation receivers will be compatible with the "a la carte" packages. Development of those receivers will happen after the merger is finalized. Exisiting XM receivers are relegated to the "best of both" packages which include current XM stations and the yet undefined "select" Sirius stations:
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| gmc74 |
quote:
Originally posted by JL_SS
Keep in mind that only the new generation receivers will be compatible with the "a la carte" packages. Development of those receivers will happen after the merger is finalized. Exisiting XM receivers are relegated to the "best of both" packages which include current XM stations and the yet undefined "select" Sirius stations:
Link
Yeah, I know. The biggest thing I want to get into my XM is Stern, who I have to imagine will be one of the ones available.
After that, I would like all my Sirius music stations to replace the XM ones since they suck. I have to imagine that they will be consolidating down some of the channels, they have 2 of everything now. |
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| hammermdx |
| Hoping this merger moves the dial on the Sirius stock I bought on the cheap!!!! |
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