And So We Wait Some More For XM And Sirius To Merge
from the how-long-will-it-take? dept
The Justice Department and the FCC sure are taking their sweet time on approving (or denying) the XM/Sirius merger. The two companies' merger agreement was about to run out, so they've now had to extend it a few more months as they wait patiently for the government agencies to figure out whether or not satellite radio is a unique market or if it actually competes against other forms of audio entertainment. It's hard to justify what could possibly be taking this long. Terrestrial radio stations, as represented by the National Association of Broadcasters, have been the most vocal against the merger, claiming that to allow the merger would create a monopoly in satellite radio. However, the very activity of protesting the merger suggests that they know that satellite radio isn't an independent market and actually does compete with terrestrial radio. Still, the NAB must be thrilled it's been able to hold off the merger approval for this long, even if it eventually does get approved. The real question, though, is whether they've done anything else to try to compete with satellite radio, or if they're just hoping that the miracle of a blocked merger will simply force the satellite competition into bankruptcy.






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Waiting
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Broadcasters trying to compete
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VOTE THEM OUT!
For the NAB to spend Four million dollars on fighting the merger, while saying that it's because Satelite has no competition just doesn't make any sense, and for the people taking the money not to see through it shows OBVIOUS CRIMINAL CORRUPTION.
Sorry NAB - You're not even THIRD in my list of entertainment in the car... First is Sirius, second is my USB memory with MP3s from home, plugged into my car stereo, then comes the IPOD, then maybe a CD or two. I dont remember the last time I listened to a local radio station... too many commercials, and crappy corporate music in between. If I'm hearing an over the air radio station, it's because I'm in a store that has one on, or the car next to me is playing theirs too loud..
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Think about it another way
I'm not saying there's room in the market for two profitable satellite radio services (there may not even be room for one). All I'm saying is, don't dismiss the message because of the messenger. Anti-monopoly rules are there for a reason and are used far too infrequently in my opinion.
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Re: Think about it another way
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