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XM Sirius merger (Merged) :)

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XM, Sirius announce merger

Postby Pogotheostrich » Tue Feb 20, 2007 12:19 pm

Government approval might be hard to come by but if this happens I'm going to have to suscribe.
http://money.cnn.com/2007/02/19/news/co ... /index.htm

I had Sirius for a while be it didn't come in great in my house without an outside antenna and I couldn't get it in at work at all.
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Postby StlSluggers » Tue Feb 20, 2007 12:22 pm

ACS beat you to it. Go figure. ;-7

I personally think it's a good deal. Both companies were heading for bankruptcy in their current state, right? Isn't this a move to save both firms?
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Postby teddy ballgame » Tue Feb 20, 2007 12:22 pm

I've been considering satellite radio, but was torn because one offered MLB and the other NFL. If they merge and offer both then it's a no-brainer to take the dive.
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Postby Madison » Tue Feb 20, 2007 12:27 pm

Looks like I'll have to take the plunge if this is approved and happens. :-)

Haven't already done it due to not knowing which of the two I wanted. :-o
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Postby BGbootha » Tue Feb 20, 2007 12:31 pm

teddy ballgame wrote:I've been considering satellite radio, but was torn because one offered MLB and the other NFL. If they merge and offer both then it's a no-brainer to take the dive.


yeah I have been holding off for the same reason...but if this goes through I would easily go get it.
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Postby chadlincoln » Tue Feb 20, 2007 12:44 pm

I wonder what the subscription cost would be.
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Postby Pogotheostrich » Tue Feb 20, 2007 12:46 pm

StlSluggers wrote:ACS beat you to it. Go figure. ;-7
That's what I get for only checking GT.
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Postby RugbyD » Tue Feb 20, 2007 12:50 pm

this event basically says to me that satellite radio is not viable yet as a commercial enterprise because it can't make money outside of a monopolistic environment.
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Postby thedude » Tue Feb 20, 2007 12:51 pm

email i got today wrote:February 20, 2007


Dear XM Radio Subscriber:

We want to share with you some exciting news: Yesterday, in Washington DC, we
announced XM Radio will be merging with Sirius Satellite Radio to form the premier
digital audio service.

The merger will create a satellite radio company that will provide consumers across
the country with more and better premium radio programming. The combined company
will be able to compete better in what has become a very complex and dynamic
entertainment market.

Where today our exclusive contracts mean you had to choose between baseball and
football or Oprah and Martha Stewart, the new company will seek to ensure that in
the future, you will be able to access both companies' programming. And, once we
are fully integrated, those of you who have factory-installed satellite radio will
no longer be limited to the programming provided by the exclusive satellite radio
service chosen by their car manufacturer.

This merger should be completed in late 2007 or early in 2008. Throughout the year,
we will provide updates on how the merger is progressing and information will be
available at our website, http://www.xmradio.com.

Between today and the merger date, as well as during the period immediately after
the merger date, all of your services will remain the same. The channel lineup, the
customer service number, the great music technology, and the XM Radio web site will
all remain unchanged and there will be no disruption to service. But, if you have
questions, information will be available and maintained on our website, and you can
contact our Listener Care team at 800-XMRADIO, with questions and concerns.

XM Radio continues to be committed to providing you the highest quality audio
entertainment and customer service available today. After the merger, our new
company will be able to offer you the most exciting listening experience in radio.

Sincerely,

Hugh Panero
CEO, XM Satellite Radio
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Postby StlSluggers » Tue Feb 20, 2007 12:52 pm

RugbyD wrote:this event basically says to me that satellite radio is not viable yet as a commercial enterprise because it can't make money outside of a monopolistic environment.

I was thinking the same thing. ;-D

The problem is that the value added by not having commercials isn't enough to sustain the infrastructure required to operate the system.
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