FCC Chairman chimes in on Sirius + XM Merger

Monday, February 19, 2007 at 8:36 PM
Tags: 2, XM

Satellite Radio MergerThe FCC Chairman Kevin Martin said today that the Sirius and XM merger would have a high hurdle to overcome before receiving the Federal Communications Commission's approval.

"The companies would need to demonstrate that consumers would clearly be better off with both more choice and affordable prices," Martin said in a statement following the announcement of the deal.

"The hurdle here, however, would be high as the commission originally prohibited one company from holding the only two satellite radio licenses," Martin said.

[Reuters

TrackBack/Ping:

Comments

HOO HOO ROBIN I INVENTED MERGERS TELL EM FRED!!!!!

Ryan as I posted on your blog hours ago --

FCC chairman comments Ryan. I think this is the #1 reason for the coming tier pricing/a la carte content choice mentioned in the press release.

http://yahoo.reuters.com/news/articlehybrid.aspx?storyID=urn:newsml:reuters.com:20070219:MTFH99401_2007-02-19_23-12-05_N19447221&type=comktNews&rpc=44

Right, and the A La Carte option is also a direct appeal to Martin. He's a big supporter of A La Carte channels for cable.

He's table talking..... keep rates low, throw consumers a cookie, don't make me look like a jackass.... and I'll sign off.

A La Carte option may sound good to you now but in the end when you add up all the options to get what your recieving now it will be more expensive.

Does the FCC really want to prove itself to be as irrelevant as they are? They sound like a bunch of old fuddy duddies that know fuck all about technology! How fucking backward can you be in the era of iPods, internet radio, "HDRadio", and other forms of entertainment available. The FCC really needs to be abolished!

Basically, they are saying the Apple has a monopoly on the iPod since there is only one company that makes them. Very bad and stupid argument!

There should be high hurdles when a company attempts a merger. It's simple economics. Monopolies are bad for competition and competition propels a capitalism. Remember kids, capitalism is good. This is what makes our economy flourish. We cannot allow a satrad monopoly. It will ruin competition, innovation and consumer satisfaction. I'm with the FCC all the way! I hope this never goes through.

Post a comment

(or continue the conversation in the Orbitcast Forums)


Recent Entries

From the Forums...
Search Orbitcast:

Recent Readers
Latest Poll
Technology & Media Blogs
These are blogs that relate to technology, media or other specific industries, but not soley on satrad.
Sponsored Links





Copyright © 2008 Orbitcast Media, LLC.