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Orbitcast (Free subscription) | 8 hours ago
Let's do this again , this time with gusto: The Federal Communications Commission has officially and formally approved the merger between Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc. FCC Chairman Kevin Martin confirmed the final vote Friday night. "I think it's going to be, in the end, a good thing for consumers and be in the public interest," Martin told The Associated Press....
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SignalBlog (Free subscription) | 8 hours ago
Sirius Satellite Radio Inc.’s $3.3 billion buyout of rival XM Satellite Radio Holdings Inc. will mean millions of subscribers will be able to receive programming from both services, while executives say it will create huge cost savings for the industry. Federal regulators formally approved the merger of the nation’s only two satellite radio operators Friday. “I think [...]
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Globe and Mail (Free subscription) | 15 hours ago
Federal regulators formally approved the merger of the nation's only two satellite radio operators yesterday, ending a 16-month-long drama.Sirius Satellite Radio Inc.'s $3.3-billion (U.S.) buyout of rival XM Satellite Radio Holdings Inc. will mean 18 million-plus subscribers will be able to receive programming from both services. Executives say it will mean huge cost savings that will lead to a first-ever...