PromoTheRobot Posted March 24, 2008 Posted March 24, 2008 The Justice Department has approved SIRIUS SATELLITE RADIO's $5 billion buyout of rival XM SATELLITE RADIO. The merger was approved despite opposition from consumer groups and an intense lobbying campaign by the land-based radio industry. Regulators said the merger is not likely to substantially hurt competition or consumers. The FCC has yet to approve the merger, although Chairman KEVIN MARTIN indicated last week it was close to happening. They just okayed satellite radio to essentially become a monopoly. But don't worry about competition, consumers. I can't wait to see what happens to my bill. I'm sure the basic price will drop a few pennies, but everything worth listening to, like NFL or NHL sports, etc, will probably cost you up the wazoo. PTR
stuckincincy Posted March 24, 2008 Posted March 24, 2008 The Justice Department has approved SIRIUS SATELLITE RADIO's $5 billion buyout of rival XM SATELLITE RADIO. The merger was approved despite opposition from consumer groups and an intense lobbying campaign by the land-based radio industry. Regulators said the merger is not likely to substantially hurt competition or consumers. The FCC has yet to approve the merger, although Chairman KEVIN MARTIN indicated last week it was close to happening. They just okayed satellite radio to essentially become a monopoly. But don't worry about competition, consumers. I can't wait to see what happens to my bill. I'm sure the basic price will drop a few pennies, but everything worth listening to, like NFL or NHL sports, etc, will probably cost you up the wazoo. PTR The # of mergers stopped by the DoJ are rarer than hen's teeth. I believe the Clinton Adm. holds the record for most mergers allowed. If the DoJ gives companies trouble, they just go to Congress and spred some cash to remove any irritant.
The Poojer Posted March 24, 2008 Posted March 24, 2008 you have got to be $hitting me only an hour or so behind the times....and 3 threads The Justice Department has approved SIRIUS SATELLITE RADIO's $5 billion buyout of rival XM SATELLITE RADIO. The merger was approved despite opposition from consumer groups and an intense lobbying campaign by the land-based radio industry. Regulators said the merger is not likely to substantially hurt competition or consumers. The FCC has yet to approve the merger, although Chairman KEVIN MARTIN indicated last week it was close to happening. They just okayed satellite radio to essentially become a monopoly. But don't worry about competition, consumers. I can't wait to see what happens to my bill. I'm sure the basic price will drop a few pennies, but everything worth listening to, like NFL or NHL sports, etc, will probably cost you up the wazoo. PTR
PromoTheRobot Posted March 24, 2008 Author Posted March 24, 2008 you have got to be $hitting me only an hour or so behind the times....and 3 threads Maybe if "Sirius" or "XM" were in the thread title, I would have noticed it before posting a repeat. Duh. PTR
John Adams Posted March 24, 2008 Posted March 24, 2008 The Justice Department has approved SIRIUS SATELLITE RADIO's $5 billion buyout of rival XM SATELLITE RADIO. The merger was approved despite opposition from consumer groups and an intense lobbying campaign by the land-based radio industry. Regulators said the merger is not likely to substantially hurt competition or consumers. The FCC has yet to approve the merger, although Chairman KEVIN MARTIN indicated last week it was close to happening. They just okayed satellite radio to essentially become a monopoly. But don't worry about competition, consumers. I can't wait to see what happens to my bill. I'm sure the basic price will drop a few pennies, but everything worth listening to, like NFL or NHL sports, etc, will probably cost you up the wazoo. PTR A monopoly in a small field where the only two companies in it are bleeding money? If a major network decides to compete in the field of satellite radio, the new XM/Sirius surely won't be able to keep them out. Care to list the competition to satellite? "Free" radio, MP3 players, CD players...all of which dwarf the sat radio industry. This was a no brainer that took embarrassingly long to decide.
Beerball Posted March 25, 2008 Posted March 25, 2008 Maybe if "Sirius" or "XM" were in the thread title, I would have noticed it before posting a repeat. Duh. PTR aw shaddap
Arkady Renko Posted March 25, 2008 Posted March 25, 2008 Will this mean that one will not have to choose btw baseball and football broadcasts?
The Poojer Posted March 25, 2008 Posted March 25, 2008 what it probably means is more of an ala carte option, get nfl with your basic sub, pay extra to add on mlb....as long as my current sirius sub keeps nfl/SU & Howard, i will be happy Will this mean that one will not have to choose btw baseball and football broadcasts?
The Tomcat Posted March 25, 2008 Posted March 25, 2008 I bought a new Nissan Frontier and it only offers XM.....I didn't want XM and was going to get Sirius portable but hopefully I'll be able to get it in my truck now without any accessories....
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