From CNet: If the proposed merger of XM Satellite Radio and Sirius Satellite Radio goes through, the combined company plans to offer packages of channels at reduced rates, including a 50-channel offering that’s almost half the price of today’s lowest-price option.
Read an official press release
CNet says that while the FCC is debating the merger of Sirius and XM, the companies have said they will offer several packages that give consumers a variety of listening options from both of the satellite radio providers, including an all inclusive package that would give programming from both companies for less than $17 a month.
I’ve been following the proposed merger in my work with the NAB and would take the promises of XM and Sirius with a grain of salt. There is nothing preventing either company from offering limited programming packages at reduced prices today so why should anyone trust this promise?
Not to mention, buried in the fine print is the fact that XM and Sirius customers have to buy a new radio for an undisclosed fee to reap the alleged rewards from this announcement. If approved this merger would create a monopoly and as the history of antitrust law shows us, two hotly-competitive companies will promise anything to become a monopoly.
You can get more info on our position at , http://www.xmsiriusmonopoly.org/
Thanks.
Hi there – thanks so much for your input on the latest developments on the potential XM/Sirius merger. We’ve included some of your comments in our “Everybody’s Talking About…” section. Check it out here: http://www.spin.com/features/everybodystalkingabout/2007/07/070724_xmsirius/