Inside Radio is buzzing about a possible deal between Sirius Satellite Radio and ABC Radio. Two scenarios are being hinted at:

1. Sirius possibly acquiring terrestrial ABC Radio. (No FCC regulations prohibiting this)

2. Sirius acquiring an over-the-air network/syndication operation providing Sirius with a rich new source of content.

Very very interesting. All just speculation right now, but I wonder where this rumor came from?