Saturday, July 26, 2008

XM/Sirius Merger: Thumbs UP!

Finally the, the last holdout vote was given for the go-ahead merger.

XM/SIRIUS Merger

Federal regulators formally approved the merger of the nation's only two satellite radio operators Friday.

"I think it's going to be, in the end, a good thing for consumers and be in the public interest," Federal Communications Commission Chairman Kevin Martin told The Associated Press. "Consumers will enjoy a variety of programming at reduced prices and more diversified programming choices."

Subscribers will not have to buy new radios to receive a mix of programming from both services, according to the companies. But if they want to pursue a special pay-per-channel a la carte option, they will need new sets.

MORE

Maybe now I can do something about merging my two accounts....

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