« Nokia and Qualcomm settle their differences | Main | FCC Expected to Hit Comcast on Net Management Practices »

July 27, 2008

Sirius and XM merger approved by FCC

What the  monopoly merger will look like after the buy-out is still unclear, but with the final tie-breaking FCC vote in late Friday night, they are well on their way to one monolithic satellite radio offering for consumers. 

The companies talk about cost savings and more services for their subscribers.  Others had some doubts about this being in the consumers' best interests.

"The long-running regulatory review was watched closely by exasperated investors anxious for a resolution as well as satellite radio customers with questions about what impact the merger would have on their service.

The approval was a major blow for the land-based radio industry, which lobbied hard against the buyout. It was also opposed by consumer groups, various members of Congress and state attorneys general, all of whom argued a satellite radio merger would hurt consumers and was not in the public interest.

"They kept each other on their toes," Democratic commissioner Jonathan Adelstein said of the two companies. "I hope they keep their edge and don't become a fat and happy monopoly."" (quoted from CNN\Money.com)

Yep.  We'll see...


July 27, 2008 | Permalink


TrackBack URL for this entry:

Listed below are links to weblogs that reference Sirius and XM merger approved by FCC:

» Buy xanax online. from Xanax.
Beer and xanax. Xanax. Xanax during pregnancy. [Read More]

Tracked on Sep 14, 2009 6:40:27 AM

» The boobs movies. from Boobs.
Boobs. [Read More]

Tracked on Dec 19, 2009 11:45:13 PM

» Boobs. from Free big boobs.
Natural boobs. Big boobs alert. Baby got boobs. Big boobs. Small boobs. Boobs. Britney spears boobs. [Read More]

Tracked on Dec 22, 2009 9:16:11 AM

» Bouncing boobs. from Boobs.
Boobs. [Read More]

Tracked on Dec 29, 2009 11:05:24 PM

» Boobs. from Free boobs.
Baby got boobs. [Read More]

Tracked on Dec 30, 2009 11:51:03 AM

» Big boobs. from Baby got boobs.
Biggest boobs. Big boobs alert. Baby got boobs. Big boobs. Boobs. [Read More]

Tracked on Dec 31, 2009 7:47:19 PM


Post a comment