DONE DEAL: Sirius-XM merger approved by FCC - Orbitcast

DONE DEAL: Sirius-XM merger approved by FCC

| 139 Comments

Sirius, XM merger approved

The day is finally here. The Federal Communications Commission reached an agreement to conditionally approve the merger between Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc., according to various reports.

The three Republicans on the five-member Commission have agreed in principle to vote in favor of letting the deal proceed as long as the companies agree to conditions to protect consumers and settle the FCC enforcement matters, Reuters reports.

"I think it's fair to say an agreement in principle has been reached," FCC Chairman Kevin Martin told the Wall Street Journal earlier today.

Martin explained to WSJ that XM received a higher fine because it kept its terrestrial repeaters in operation after being informed by the FCC that they were in violation. Sirius received a smaller fine because it had shut down its towers while waiting for FCC approval.

"That's a significant violation under our rules," said Martin. "Hopefully this is the last issue for us to move forward."

"I'm optimistic and hopeful that we will be able to move forward very quickly," Martin told Reuters.

Tate is expected to vote on the deal as soon as today. The FCC isn't expected to formally release its decision for a few days, as staff attorneys draft the final paperwork for review by the five commissioners.

[Wall Street Journal, Reuters]

139 Comments

and they will be the only company ever to have price fixed for 6 years...5 years more then any other company.

also breaking the record on the amount of the company it needs to give away. no other company had to give away parts of the company for free....at least things like cable companies and telephone companies got to sell things they had to divest.

lol

What will become of the boys

BUT WAIT...

FROM BEHIND!!!!

HERE COMES REHR!!!!

change Tate's button to green from red!

I HEARD THIS ALL BEFORE ,JUST A COUPLE OF MORE DAYS ,SURE ,YEAH O.K. IF YOU SAY SO MR MARTIN...

Ryan, you're killing me with Tate's light showing as red. I almost had a heart attack.

the webmaster of this blog should fix Tate's red dot to a green one so you don't confuse people, even though the alt text says "Yes"

I do believe that the Secretary should be fired. Tater-Tot gets a GREEN dot for Chrrisakes... I'm old, don't scare me!

Could you please Change the light next to Tate from Red to GREEN? you're scarin' me!

GODDAMMIT.. DO I LOOK PRETTY OR NOT? ..You fuckers better speak up... I haven't voted yet!!!

TATE MUST LIKE RED BUTTONS

its not OFFICIAL until TATE votes YES!!!!!!!!!!!

PLEASE refrain from celebratory threads until its OFFICIAL.


When does Rehr get his fucking pink slip?

I miss Red Buttons he was funny. Back on topic: It's about time!

I miss Red Buttons he was funny. Back on topic: It's about time!

STOP THAT DAM CLOCK...PLEASE

3 year price freeze, not 6 (that was Adelstein's suggestion that got shot down and laughed at)

Obama says booyah at the merger of XM/Siri

I'm with Liam actually.

DONE DEAL? SAYS WHO?????

Well satellite radio just went to hell in a hand basket! this line bothers me '',artin explained to WSJ that XM received a higher fine because it kept its terrestrial repeaters in operation after being informed by the FCC that they were in violation. Sirius received a smaller fine because it had shut down its towers while waiting for FCC approval'.


This means XM will shit down all of its repeaters, meaning signal reception will suck as SIRIUS reception is easily knocked out by trees. Way to go, a great service is going to cost more and suck even more! Thank God for my i pod Touch!

All those Terrestrial companies that paid out big bucks for Davy "Takes It Up The" Rehr to bring Satrad down are going to be sounding like Ricky Ricardo in a few days. Davy, you got some splanin to do. He has spent quite a bit of their money on Dem FCC commisioners,Politicians, and I am sure he skimmed plenty off the top for himself too.
I guess he will have to do his job now and try to save AM, FM, and HD Radio or get a job at McDonalds. So much work to do and at the hottest time of the year in DC.

@all Holy shit, sorry about the red button! Total goof, but it's fixed now.

Liam is correct, it's not "official" which is pointed out in the article. But with a definitive statement like that from Martin, it's a done deal.

THANK GOD, THANK GOD!!!!!!!!!!!!!!!!! YES!!!!!!!!!!!! HELL YEA!!!!!!!!!!!!!!!!!! WWWWHHHHHHHHOOOOOOOOO!!!!!!!!!

Damn this day hasn't come fast enough!!!!

It's official enough for me!!!!!

They'll probably pay the fines then turn the repeaters back on once it's all done.

It's soooooooooo cold down here in hell.................

OH YEAH!!!!! Sirius rules!!!!!!!!!!!! Take that Rehr and the rest of you NAB loosers!!!!

Satellite radio forever!!!!!!!!!!!!!!!!!! by by Rehr...........dont let the door hit you.......
Tate... you rock!


hey...i am excited too. dont get me wrong. i can practically taste it.

BUT....just considering how much us ong suffering longs have been thru with head fake after head fake....

i am just waiting to REALLY celebrate until TATE votes and Mel speaks. :-)

So why the 0.25 drop today?!?! WTF?

So why the 0.25 drop today?!?!?! Thoughts anyone?

um....maybe because the WHOLE market pulled back today, duh.

that....and the fact that Tate, regardless of reports....has not voted yet.

wait till tomorrow before you ask that question.

Why the decrease - the reality is setting in that XM (a downs syndrome victim) successfully mated with Sirius (a muscular dystrophy victim) and has had a child with both genetic mutations. Not going to be a pretty baby.

No way it'll be self sufficient.

1. It's not official. The buying yesterday was mostly based on the thought it may have been made official yesterday AH which it wasn't

2. The market was down huge today and a lot of people who tried to make a quick buck on the possible approval yesterday pulled their money out. These same people will pile back in most likely when more news comes out, like Tate's official vote.

The stock will rebound and go back up just wait..

The stock will rebound and go back up just wait..

WHAT GOING ON ,WHEN WILL TATE PUT THE FINAL YES VOTE DOWN.TO NIGHT FRI ,MON, TUE, WHAT..WHEN..WHAT'S THE HOLD UP?

I meant shut down repeaters, but this deal is a pile of shit though!

Can't wait for my new HD/ XM/Siri reciever. HD radio rules!!!!

Now Mel can dump all these XM managers that really suck, I mean really suck!

I'm so sick of all of this---I'm happy we are headed towards the end---but yet again, another day passes and it's not complete until the skinny lady sings. We need a vote to end this madness for once and all.

Ryan, I appreciate all that you've done for this community as you've been an amazing advocate! I can't thank you enough. However, the truth is---it's not over----The vote hasn't happend. Premature postings don't help. When it does happen, the stock is going to tank again because there is going to be lawsuits and talk and hearsay and it will continue on and on. Obama is against the merger and the NAB will do there best to drag this on and on in hopes of a "hail marry"--they have nothing to lose at this point!

Furthermore, Sirius will be reporting earnings next week--the stock will tank yet again. GD! Fuck the market------I'm at the end of my sanity with trying to predict this. I just want the yes vote, watch the stock go up 10 cents and I'll sell at a fucking loss-

XM did 780 million refinancing today which was expected and this also hurt the stocks. Stocks will hopefully settle in and take a steady move higher in the next week on actual vote and closing being announced by Karmazin/Parsons.

Need to wait for the photoshoot and handshakes by Monday maybe.

i guess i'm sort of ambivilent which is bad because if you lack feelings you are dead and who wants to be dead and all that like heath ledger who was pretty good in batman but wait they called it the dark knight but which one was the knight and wasnt the joker darker but when he said he was going to make that pencil disappear i was like ohoh and then he slammed the large black gentlemens face on the table and sure enough the pencil disappeared in the eye socket [spoiler alert] plus Maggie Gyllenhall isn't hot enough to be fighting over and heath didn't get to boink her like he did her brother so whats that all about.

in other words, bottle that shit

OMG Howard is going to fire OnA. Whatever will I do?

As a Howard fan I can tell you O and A are safe. They've made nice over these past few months. There's been no O and A bashing since Anthony and Howard met back around January. I don't listen to Opie and Anthony but I assume the same is true for their show.

Howard doesn't care about them. He has said in the past that he will never prevent someone from working. Now, he might prevent someone from talking about him but that's different. All they have to worry about is Mel. And that might be a big worry.

Wait... Why is the Orbitcast FCC clock still running?

Anyways, it's about time.

And the Lord said, "Go Sox."

The deal is not done until it is officialy announced by the FCC, and the ink dries on the papers printed by the FCC.

When will we see the new station format and breakdown of charges per station?

When will we see the new channel listings now that the merger is official, will I be able to pick up XM baseball on my Sirius receiver?

Sorry, Ryan, this one added nothing to previous entries. Lots of folks are clicking here for definitive news and have been misled. If anything, this should read: Martin Says It's All But Done. But the FCC itself hasn't acted, and Ms. Tate can still be reached by the broadcaster cartel.

Thanks for all you do!

Sorry, Ryan, this one added nothing to previous entries. Lots of folks are clicking here for definitive news and have been misled. If anything, this should read: Martin Says It's All But Done. But the FCC itself hasn't acted, and Ms. Tate can still be reached by the broadcaster cartel.

So true it isnt over yet until the FCC and Sirius or XM issue press releases saying it is over.

Depressing that I now must hope for the NAB to succeed to get my way.

All that fucking matters is that fucking HD Radio doesn't get mandated into fucking Satrad receviers!

We need a new clock, one that counts the days before SIRIUSXM goes out of buisness and shuts down.

Well, the American consumer has been just raped by the FCC. Now, consumers no longer have a choice of Satrad providers. I will give the merged company a year to see what happens programming wise, before I consider canceling my last two receivers....BUT we all know what type of track record Mel K. has, running his broadcasting empires. I don't expect this to be any different. Mel and Gary will smiling all the way to bank.

read some place tates people said she will vote in the next 24hrs.

I still dont see any comments from tate or staff,just because martin said something about having some form of agreement "does not a fact make" he could be wrong again.

I didn't give them a year - after an hour on the phone with CS, my account is closed. I'll be happy when my money for the unused part of the subs are back in my bank account. At least I won't have to fight with the bankruptcy court to get my money back if I bail now.

Even though I am a Sirius guy I can understand what the Xmer's are going through right now for example I apperantly read somewhere on a different message board that XM is going down the crapper big time right now , and I can see how Mel is putting his FM centric playlist on Sirius and will do it more on XM. Personally I am on the fence about this if programming is good and I can get MLB NHL and College Sports from XM Ill be fine , and if the music stays commerical free I will stay but if programming goes down the crapper or if the merger conditions which havent been detailed in a press release yet but will eventually are too asinine then I am done and off to Slacker Ipod Iphone and Internet radio for good. To hell with terresterial and HD Radio.

PLOWBOY, remember last night I told you there would be A BIG DROP this morning . and it would come back as it did . Had THE SHAREHOLDERS held on til tomorrow they would be making out like theives come next week . Hopefully this event will keep them out for the long run thru September til CALL options expire. SIRIUS executives are due GIFT DISTRIBUTIONS in AUGUST so feel comfortabe enjoying the EXPRESS ride thru this next month. EXPECT to SEE 60% plus gain in value WITH a $ 4.50 TARGET PRICE set BY WALLSTREETS BIG BOYS........

What's the new name??

Any Idea's??

How about, SiriX

ON YOUR MARK.

GET SET.

GET SET.

GET SET.

GET SET.

GET SET.

GET SET..... etc...

"All that fucking matters is that fucking HD Radio doesn't get mandated into fucking Satrad receviers!"

Why are you scared of HD Radio?
Are you a blind, ignorant satradio fanboy afraid of choice?
Do you think the HD chip (cost of a few dollars) would have made radio's too expensive?

Certainly HD Radio built into satradio's would be pro-consumer as it would work in all the areas satradio drops out.

satradio must be the cause of so much blind, ignorance. Yet another reason to cancel and not support a "merge" MONOPOLY scheme.

HD Digital Radio • IT’S TIME TO UPGRADE!
HD Digital Radio. It's here. It's local. It's free. DISCOVER IT!
www.hdradio.com/

All that fucking matters is that fucking HD Radio doesn't get mandated into fucking Satrad receviers!"

Why are you scared of HD Radio?
Are you a blind, ignorant satradio fanboy afraid of choice?
Do you think the HD chip (cost of a few dollars) would have made radio's too expensive?

Certainly HD Radio built into satradio's would be pro-consumer as it would work in all the areas satradio drops out.

satradio must be the cause of so much blind, ignorance. Yet another reason to cancel and not support a "merge" MONOPOLY scheme.

HD Digital Radio • IT’S TIME TO UPGRADE!
HD Digital Radio. It's here. It's local. It's free. DISCOVER IT!
www.hdradio.com/

Hello AC HD Radio sucks ass and it isnt like TV , and if Sat radio drops out then just plug in a slacker portable or your phone and listen to radio through that or plug in your Ipod to listen through there.

Man you really want that crappy HD radio chip in the radios, how bout the other way around AC? How bought we put sat radio inside of your HD radio......

NOT A DONE DEAL UNTIL IT IS STATED ON THE FCC.GOV WEBSITE!!!!

Hey Coward...

Putting HD Radio on every satellite product would be like stapling a bag of shit to every favorite product you bought. It ruins the product, We dont want that crap. If we did we would go out and buy it. Wanted to put that crap on the reciever just proves they are indeed a godam competitor. To bad it took the DOJ and 18 months to realize this. What a joke its been.

"Are you a blind, ignorant satradio fanboy afraid of choice?"

Are you a blind, ignorant HD Radio fanboy afraid of choice? Why should satellite radio subscribers not get to choose whether or not they want HD Radio? Oh wait, it looks like they do, because your HD RADIO INTEGRATION "merge into satellite radio receiver" MONOPOLY scheme DIDN'T WORK!!!

Tool.

"Certainly HD Radio built into satradio's would be pro-consumer as it would work in all the areas satradio drops out."

Only if people care about terrestrial to begin with. I've had my HD Radio tuner drop out between Kansas City and Chicago far more often than my XM or Sirius tuners. Care to argue that? Oh... That's right, HD Radio doesn't cover 99.999999999999999% of the contiguous forty-eight states.

Get the heck out of here if you don't have anything constructive to say. It's a done deal as done is going to get. The NAB has their platform, and XM/Sirius has theirs. Deal with it.

IT'S A DONE DEAL, YOU ARE RIGHT, BUT THE STOCK WILL GO DOWN, AND XMSR WILL GO UP, AND THAT'S A FACT.

"NAB Concedes Merger Asks For HD"

"Yesterday, an army of hybrid digital radio proponents including Jane E. Mago, Sr. Vice President and General Counsel Legal and Regulatory Affairs, Marsha MacBride of the National Association of Broadcasters, Jessica Marventano of Clear Channel Communications, Diane Warren of the HD Alliance, Anne Lucey and John Orlando of CBS, Whit Adamson of the Tennessee Association of Broadcasters, and Larry Sidman of Paul, Hastings spoke with Commissioner Deborah Taylor Tate and Amy Blankenship."

"Considering this happened yesterday and no reports of any HD mandate were made public, it is probably a non issue. Contrary to reports however, we still do not have an official vote from Commissioner Tate and as such, I feel it important to report accurate news as it comes, rather than speculate on rumor. The fact that this meeting took place at all is cause for concern. I have made my views known in my article: The Hypocrisy Of HD Radio Proponents"

“In light of published reports that the Commission was considering approval with conditions, the parties explained the need for a condition to prevent the combined XM radio to harm further development of digital terrestrial radio. Specifically, the parties urged the Commissioner to condition any approval of the merger so that all consumers would have access to radio equipment that would allow them to switch between digital satellite offerings and terrestrial digital offerings.”

http://siriusbuzz.com/nab-concedes-merger-asks-for-hd.php

These fuckers won't give up! I've had it with terrestrial radio! Fuck you!

AC:" Why are you scared of HD Radio?
Are you a blind, ignorant satradio fanboy afraid of choice?
Do you think the HD chip (cost of a few dollars) would have made radio's too expensive?"

Get the fuck out of here, loser. HD is D.O.A. And to answer your question, at $150 a pop for even a basic HD radio, yeah, it's too fucking expensive.

Little twirp! LOL!!

I ask you all, at the end of this.... has anything transpired that couldn't have been done seven months ago? ... Has anything so revolutionary surfaced in Tate's proposal that couldn't have been aired and agreed upon 60 days ago.

Fuck the FCC if I saw 20 yes votes... they do their job for their own interests. A collection of asswipes.

Why was the title of this article SIRIUS/XM MERGER APPROVED when it is not yet official and 3rd vote is still not in.

Shouldn't jump the gun.

Makes you wonder, once again, how many days Tate can stretch this out final deal seeking attention. She needs psychological help if she's this needy. Thank God there is a 10 day limit, or she's be "unsure" for another six months.

"HD" radio.... Tickle my bag and smell my balloon knot!

"HD" radio needs yellow discipline and to take it all down the hatch!

O&A out at xm

Where are you coward????????? grammar..........................HAHAHAHAHAHAHAH

"Man you really want that crappy HD radio chip in the radios, how bout the other way around AC? How bought we put sat radio inside of your HD radio......
Posted by: KenC | July 24, 2008 6:36 PM"

As a educated consumer who likes having choice I say great! put satradio chips in HD Radio's.

Since ClearCHANNEL sold themselves out to private equity today FINALLY, it would appear to me that terrestrial radio is in dire need for life support.... obviously they want out of the game..... cause.......... SIRIUS RADIO IS HERE TO STAY........ and within the next 5 years the majoriity of all autos sold in this country will be equipted with SATRAD RADIO. This is A GROWING INDUSTRY and for those opposed to growth of a customer mandated WANT ,they should sell their stock tomorrow so that others may enjoy the PROFITS OF THIS MERGER.IF YOU THINK WALL STREET DOESN't WANT YOUR shares go ahead and SELL EM. Plowboy, DON'T SELL.!!!!!!!!!!

Since ClearCHANNEL sold themselves out to private equity today FINALLY, it would appear to me that terrestrial radio is in dire need for life support.... obviously they want out of the game..... cause.......... SIRIUS RADIO IS HERE TO STAY........ and within the next 5 years the majoriity of all autos sold in this country will be equipted with SATRAD RADIO. This is A GROWING INDUSTRY and for those opposed to growth of a customer mandated WANT ,they should sell their stock tomorrow so that others may enjoy the PROFITS OF THIS MERGER.IF YOU THINK WALL STREET DOESN't WANT YOUR shares go ahead and SELL EM. Plowboy, DON'T SELL.!!!!!!!!!!

SuperH,

By constructive you mean sticking around to educate your ignorant self?

"As with traditional AM, FM and TV broadcasting, HD Radio programming is subscription-free and supported either by commercial advertising or by membership as in public broadcasting. Although HD Radio is promoted as a "cost-free" alternative to satellite radio, listeners of both HD and satellite radio must purchase new receivers enabled with the technology in order to receive the broadcast signals.
iBiquity claims that HD Radio broadcasts are available today to more than 83% of Americans. It has also been reported that as of June 2008, over 1,700 AM and FM stations are broadcasting with HD Radio technology"

What a typical and expect answer from Blind, ignorant satradio fanboy Max.....
You are scared of HD Radio
You are a blind, ignorant satradio fanboy afraid of choice
Putting the HD chip in satradio's would cost very little, and there are plenty of HD Radio's out there sub $100.

Way to go Max, your continued need to prove your desperate ignorance is not really needed we all get it.

Here today... gone tomorrow... I hopes its done...

Irrelevant.

As much as I love my Sirius satellite radio, this is like putting a band-aid on a shotgun wound.

XM and Sirius are already in trouble. Putting them in the same boat means that now they can die together.

Want to survive? Change your subscription model, accept ads....and pray.

ON YOUR MARK

GET SET....

GET SET....

GET SET....

COME ON TATE!!! VOTE ALREADY!!!

STOP THE CLOCK----Or Else Pull this Post------------------

STOP THE CLOCK----Or Else Pull this Post------------------

STILL LAUGHING,

Do you think if you repeat desperate delusions of grandeur based on blind, ignorant satradio fanboy BS it somehow becomes true? Melvin Alan "Mel" Karmazin's "merge" MONOPOLY scheme has killed any chance the satradio industry had. More and more automakers are turning to HD Radio. BMW, Ford, Hyundai, Lincoln, Mercedes-Benz, Mercury, MINI, Scion, Volvo to name a few. Now thats a GROWTH INDUSTRY.

HD Digital Radio • IT’S TIME TO UPGRADE!
HD Digital Radio. It's here. It's local. It's free. DISCOVER IT!
www.hdradio.com/

For those who wanted the merger, congratulations. For those opposed to it, I understand but it looks like it's a done deal.

To Sausage, I agree with you 100%. This merger will give Sirius additional life, like a gunshot victim getting a unit of blood. When the bleeding is too intense, adding blood only delays the inevitable.

This is the scenario here - XM went out and paid rates that are higher than my credit card rates (yes, I have a sub 11% rate with no balance. Hell, I forgot I had a credit bard with BoA and they sent me a 4.99 balance transfer for the life of the balance transfer (I have nothing to transfer, though)).

My point is, when you have to borrow money as a company at subprime rates that yield 16%, that isn't a good sign. In fact it is a very very bad sign. I doubt that the drop off of sat radio was caused by the merger, although it may have played a role. I believe that the drop off was that most people heard it, and just thought it wasn't compelling enough to pay for. That won't change.

Pro-merger fans,celebrate the "victory" and congratulations, but ask yourself whether it's a real one or a Phyrric victory.

REMEMBER FM STEREO

HD naysayers are still predicting that if HD receiver sales don't take off quickly, the service could easily falter and meet a relatively quick demise.

FM stereo, on the other hand, did make a real difference, although not an earth-shaking one at the time for the average listener. Like HD, it was an important technological innovation the entire industry embraced and supported. Stations installed stereo encoders, radio manufacturers integrated stereo reception into receivers at all levels and consumers bought them whether or not they wanted the new feature or were even aware of it.

From the time FM stereo standards were adopted in 1961, it took at least 10 years for the new mode to take hold in the marketplace and another 10 years before FM stereo became the dominant choice for consumers of radio entertainment.

The same pattern is likely to be charted by HD Radio. It's just going to take time to make it to critical mass. Along the way, the technology will no doubt continue to improve and refine its present offerings. New ones not yet even dreamed about will certainly be added. HD is much more than just your daddy's FM stereo.

But the conversion should not take as long this time around with the advantages of digital being so much more flexible and scalable. It can easily accommodate new payloads and features in the coded bit stream that were utterly unthinkable in the analog era. Both the transmission and reception ends of the process can be updated relatively quickly and efficiently.

There is no other transport option that makes better sense for the industry going forward. There is simply no turning back now.

HD Digital Radio • IT’S TIME TO UPGRADE!
HD Digital Radio. It's here. It's local. It's free. DISCOVER IT!
www.hdradio.com/

SIXM will be in the black Q4 of 2009 based on present adoption rates. The market is 56 million and BE will be made before 23 million. This even assumes that the channels are not split for an ad/no ad version (which I pray for) when that happens, look for SIXM to be come a Clear Channel that is endless... dual business model. Take it to the bank.

"More and more automakers are turning to HD Radio. BMW, Ford, Hyundai, Lincoln, Mercedes-Benz, Mercury, MINI, Scion, Volvo to name a few. Now thats a GROWTH INDUSTRY."

The only one adding HD Radio standard is Ford-owned Volvo - the rest are OPTIONAL, which no on wants. Ford is also an investor in iBiquity, but has lost 9 billion. Most automakers install Satrad, but now, Chrysler and BMW, with others to follow, will be offering Internet access, then it's good-bye to all!

Actually, I had an HD unit and took it back to the store... sounded terrible.

"FM stereo, on the other hand, did make a real difference, although not an earth-shaking one at the time for the average listener."

It's absurd to compare the media landscape of 30+ years ago to today's mountains of other choices - Satrad, iPods, iPhones (which allow the streaming of Pandora, Last.fm in automobiles), cell phones, etc. Germany found out the hard way that digital radio provides no incentives for consumers:

"Germany flicks off-switch on DAB"

"Part of the problem is that analogue FM never went away and most people didn't seem to care for the clear digital-quality sound, and were left nonplussed by such benefits as easy tuning and message displays with song names and titles. DAB is struggling almost everywhere in Europe."

http://www.theregister.co.uk/2008/01/28/germany_switches_dab_off/

Digital radio is floundering, wordwide.

What can we realistically expect the stock to be at:

Tomorrow?
One week?
6months?
One Year?
5 years?

XM and Sirius pitched the merger promising the price of the combined services would drop. But that price drop is for the cost of both services combined which is about $25 bucks a month. I don’t think most people who subscribe to one or the other really care to have both. So, effectively this is a price increase.

Shares of both have dropped roughly 40% during the process - three times the losses suffered by the Standard & Poor's 500 during that time span - and their road to profitability remains murky, even as the former archrivals join forces.

Stifel Nicolaus analyst Blair Levin said there is the possibility of lawsuits challenging the deal, from either radio broadcasters or state attorneys general

The industry is mired in red ink from the high costs of competing for exclusive programming from names like Howard Stern and Oprah Winfrey. Sirius posted a net loss of $166 million last year, despite a 45% gain in revenue and a 38% increase in subscribers. XM lost $682 million with a 22% revenue gain and an 18% jump in subscribers.

XM's 2007 operating loss of $238 million included $86 million in merger and settlement charges, and both companies reportedly agreed to pay $19.7 million to settle a case alleging violation of federal rules in order to get the deal approved, in addition to a raft of other concessions.

Also, borrowing costs for the companies are expected to rise dramatically as they refinance their debt loads to complete the deal, and Goldman Sachs analyst Mark Wienkes recently predicted they would have to raise $500 million to $1 billion in fresh capital as early as the third quarter of this year.

subscribers who buy satellite radio packages in retail stores are dwindling. XM said its retail subscribers were down slightly in the second quarter, while its growth came entirely from subscribers who got their service when they bought a new car or truck.

Whether the industry's 53% conversion rate to paid subscribers will hold up remains to be seen as satellite promotions go into smaller and cheaper cars where buyers are less likely to add another monthly bill to their budget. Also, auto subscribers are less profitable for the satellite companies, since they pay hefty fees to the auto makers.

Wienkes notes that younger consumers favor MP3 players and other emerging technologies to satellite radio.

BIG TROUBLE even with Melvin Alan "Mel" Karmazin "merge" MONOPOLY scheme.

"There is no other transport option that makes better sense for the industry going forward. There is simply no turning back now."

Broadcasters are backing away from AM-HD:

"Editorial: More Than Half Full"

"AM-HD continues to fight uphill. Several manufacturers showed impressive new transmitter models designed to optimize and maintain HD performance. Yet the growth of AM-HD stations coming on the air appears stalled and we hear murmurings about some broadcasters pulling back on AM-HD or wishing to renegotiate their commitments with Ibiquity."

http://www.rwonline.com/pages/s.0044/t.13363.html

Aside from the major HD Alliance-owned broadcasters, conversions to FM-HD have stalled - iBiquity was supposed to have 2000 converted last December:

"Bellwether BE Makes Some Changes?"

"It’s probably no secret that the rate of HD Radio adoption has slowed in the United States. There are new opportunities that exist in other countries; Mexico and Brazil come to mind; sales there are few but promising. The whole industry is in a bit of a null in the HD transition but I don’t think anyone’s long-term plans have changed.”

http://www.rwonline.com/pages/s.0044/t.9546.html

Broadcasters are shunning HD Radio:

"Black Friday for HD Radio"

"Nor was I surprised when Kurt veered left to discuss - and dismiss - HD Radio. What fascinated me was the reaction. Any room full of broadcasters is full of HD radio doubters, nowadays. But the vibe in this room was remarkable for the eye-rolling and audible snickering that greeted virtually any mention of HD."

http://www.hear2.com/2008/03/this-weeks-desp.html

"Where is the Cool, the Content, the Charge?"

"Here is another bad sign: almost every time I speak with a GM or PD about HD Radio, they say, ...it's a non-starter, isn't it? If we don’t believe in HD Radio, who will?"

http://www.paragonmediastrategies.com/theblog/?p=222#comments

European broadcasters have formed the European HD Radio Alliance, an organization designed to promote and support the deployment of HD Radio technology throughout the continent.

"With a number of countries in Europe testing or deploying HD Radio technology, we believe that now is the right time to form an organization to share our experiences and help coordinate our collective marketing efforts," said Bachmann.

The European HD Radio Alliance meeting coincided with the HD Radio Days event in Lucerne. In this year's second annual event, managers of the HD Radio field trial in Central Switzerland hosted more than 200 specialists from 13 countries. HD Radio Days featured presentations from speakers on the regulatory and commercial sides of the broadcast industry who discussed the latest developments in HD Radio broadcasting. HD Radio workshops were also held on topics such as surround-sound, addressability and the electronic program guide.

Broadcast Electronics (BE) installed an HD Radio™ FM system on an independent station in Paris, France.

TowerCast, in partnership with independent broadcast syndicate SIRTI and NRJ Group, began broadcasting an HD Radio signal on 88.2 MHz last week using a BE low-powered transmission system. In the next phase of the trials, TowerCast plans to multicast two or more channels of programming.

“As a group, we’re very interested in the HD Radio technology because it lets us move right into digital broadcasting without giving up analog,” said Anders Rällvik, who is the technical lead for testing digital technology for TowerCast. “I believe we’re the first broadcaster to use HD Radio live, 24 hours in Europe,” he added.

TowerCast, a subsidiary of NRJ Group, is the first privately held French tower company, managing several hundred elevated points for the transmission of radio broadcasts (FM, DAB), digital terrestrial television, telecommunications (UMTS, BLR), and professional radio. TowerCast is present in Finland with his subsidiary TeleMast and in Belgium with TowerCast Belgium.

SIRTI is the professional organization of 123 independent local and regional broadcasting operators. NRJ Group is a European broadcast group with four major radio networks in France and a television station.

Raphaël Eyraud, radio and International director of TowerCast, said, “We really appreciate the cooperation with iBiquity and BE. This first broadcast of HD Radio in Europe is a real success.” TowerCast is broadcasting HD Radio on 88.2MHz with a test license granted by Conseil supérieur de l'audiovisuel (CSA), France’s broadcast authority.

CSA has also granted TowerCast an experimental license to broadcast HD Radio on 93.9 MHz. The group will begin broadcasting a single channel of digital audio on 93.9 MHz in the next month and will eventually add another program channel to test HD Radio multicasting as well as any channel spacing interference

“We’re more than happy to supply the equipment and the expertise we’ve accumulated with similar environments in the United States, Latin America and Asia,” said Tim Bealor, BE’s Vice President, RF Systems. BE sent a field service engineer to Paris from its Quincy, Ill., factory to install an FXi 250 and HD Radio signal generator into a separate antenna and to demonstrate the technology to TowerCast staff.

Initial performance measurements indicate that HD Radio is a viable and desirable option for broadcasts in France, as well as other parts of Europe even with narrow channel spacing, said Scott Stull, iBiquity’s Vice President, Broadcast Business Development. “This demonstration permits a glimpse of terrestrial radio of the future, notably the better quality and greater services offered by HD Radio compared to standard analog. We’re very interested in the results as are European broadcasters who also want to take advantage of HD Radio compatibility with existing analog broadcasts,” continued Stull.

“Performance test results look very good so far,” commented Rällvik, who said
installation went smoothly.

Cut the bullshit already. This is the same line of crap that's been fed to us by both companies. When we hit 1M. When we hit 2 M. When we get OEM to install. When we get Howard Stern (who supposedly has paid for himself already). When we get Oprah, When we get MLB. When we get Nascar. When we steal Nascar, When we (insert whatever you like, including merger).

It never happens. It won't ever happen. Want proof - Most OEM subscribers don't bother to renew at the end of the free trial period (despite what management tells you). I can assure you that the CSRs fight like hell to get a customer to stay and if they can't they leave the radio activated. Ask yourself this, why does it take about 15 seconds to activate a SIrius radio and forever to get it turned off?

Look, there is no profitability in this business. Most people don't care enough. Sure, it's a great product, and I have both (Factory XM in the GM and Sirius through the aux in).

Even though I love the services for different reasons, whenever I have someone in the car, we're usually talking to each other or on the phones to the office - not listening.

You cannot make money on this model -it isn't possible, and volume doesn't solve the problem. In a business model like this, volume just multiplies your losses. Don't believe me? Look at the companies' financial statements and tell me what happens every Q4?

Congrats to the pro-merger fans - you won, but I contend this is only a Pyrric victory.

Anonymous blowhard: "What a typical and expect answer from Blind, ignorant satradio fanboy Max.....
You are scared of HD Radio
You are a blind, ignorant satradio fanboy afraid of choice
Putting the HD chip in satradio's would cost very little, and there are plenty of HD Radio's out there sub $100.

Way to go Max, your continued need to prove your desperate ignorance is not really needed we all get it."

First off, asshole, adding $100 to the cost of a Satellite receiver is a non starter. You can't even get anyone to buy the HD radio on it's own, so of course, you're left with trying to FORCE people to buy what they don't want.

AND YOU CALL EVERYONE ELSE "DESPERATE." That's pretty funny, even for a registered schmuck like you.

HD is nothing to be "afraid" of, especially since it ain't going anywhere. You know it. I know it.

Why don't you start giving away HD radios with condoms, you pathetic loser. LOL!!

What is a "Pyrric" victory?

Geez why do I even read such garbage?

PCSTEL where are you?

HAHAHAHA

hmmm...gee, i wonder why younger people don't rank satellite radio as a 'must have'? Is it b/c they must have a credit card (18+) in order to subscribe? OEM? The uncensored content that mommy is dying for Jr. to be exposed to? Or is it b/c marketing the PGA Tour golf, NFL, Oprah, and Stern to a 12 yr. old kid is as useless as your HD scam? This platform will be there will Jr.'s taste's evolve and he begins to care about news, talk, stocks and decides to trade in the Huffy for a BMW...

The fact that you write epic novels trying to spin a bunch of NAB propaganda-bullshit to a vast majority of people that are either subscribers and/or investors to this industry makes me want to vomit.

Instead of bitching and moaning about a promising competitor you now must face, while don't you improve your stale product and attempt innovation to try and win back your flocking consumer base? That's when the consumer will benefit.

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Sirius and XM were top on my Christmas list when I was 12, no joke, Zzzzzz

Sorry - i misspelled it it's Pyrrhic victory. It's a win that isn't - like winning the battle but losing the war.

My apologies for the misspelling.

HD-R Profile: WOR, New York City

by Stephen Murphy

From its inception, New York City radio station WOR(AM) has been a pioneering presence in broadcasting. Retailer Louis Bamberger started the heritage station in 1922 to support sales of crystal radios starting to appear on the shelves of his department stores. That Christmas, WOR was the only station broadcasting to the many who found gift-wrapped receivers under the tree.

Throughout the 20th century, WOR continued to pioneer technologically and creatively. The station introduced listeners to many of the best-known radio programs including "The Shadow," "Nick Carter, Private Detective," "Twenty Questions," "True or False" and "Rambling with Gambling." WOR was a frequent home to such notable personalities as Milton Berle, Vincent Price, Bob and Ray and John Gambling.

Dawn of the digital

In late 2002, the Buckley Broadcasting station became the first AM in the New York City area to broadcast in Ibiquity Digital's HD Radio format. Proponents of the in-band, on-channel technology behind HD Radio believe it will breathe new life and fidelity into many AM stations poised to follow in WOR's footsteps.

Tom Ray, Buckley Broadcasting/WOR corporate director of engineering, spearheaded WOR's leap into the world of HD Radio. His station worked with Ibiquity throughout the conversion to the hybrid analog/digital broadcasting format and subsequent testing phase.

Depending on the state of a station's existing equipment, bringing a transmitter site up to IBOC digital spec has the potential of significant technical and financial challenges. But Ray said the addition of HD Radio required few changes to WOR's production operations.

"Adding the digital broadcast had a minimal impact on the production side. Really the only thing we need to look out for is compounding digital audio file compression."

Because Ibiquity Digital's IBOC digital exciter must compress the program material, already-compressed files such as source MP3s will be recompressed, resulting in an increase in audible artifacts.

"Depending on the nature of the original compressed source, results range from imperceptible to quite noticeable," Ray said.

Some easy steps can be taken to minimize recompression, but this requires getting the message across to content providers.

"A majority of commercials we receive show up in MP3 format attached to an e -- mail -- of course, if you told me that 10 years ago, I would have said, 'You're nuts!' So now we continually stress the importance of sending us the highest quality possible, high-bit-rate MP3s. We would prefer WAV files, but they are far too large for e-mailing."

In certain situations, however, recompression is not so easily avoided.

"For instance, the StarGuide satellite receivers are completely MP3 - that's it, that's the only choice," Ray said. WOR receives and rebroadcasts satellite feeds from several sources including ABC News and Westwood One.

The fact that the Broadway-based station's satellite receivers are at the New Jersey transmitter site complicates the matter.

"We bring back 10 satellite channels in MP3 format from the transmitter site on the bidirectional T1 Intraplex audio codec," he said. "Because we send the programming from the studio to the transmitter uncompressed, remaining T1 bandwidth dictates that the 10 incoming satellite channels be compressed at the Intraplex. We compress as little as possible at this stage, but it is another cycle nonetheless."

Analog constant

Apart from the caution of recompressed files, Ray says his production studios have undergone no other changes related to the IBOC broadcasts. In fact, the station is still using the five Pacific Recorders System One analog broadcast consoles it purchased in 1978 (serial numbers one through five), though they are about to be retired.

Ray said now that the conversion to IBOC is complete, the station is focusing its attention on upgrading the production studios. But it is in the midst of finalizing details of the building lease and potential facility expansion plans; any major overhaul will have to wait. For now, the station will install analog Audioarts and Wheatstone consoles.

"Switching the production end over to digital is in certainly in the cards for WOR, but it makes no sense to do it halfway in the interim."

The station's three on -- air production studios and several off -- line suites feature a range of pro audio and broadcast gear popular in the industry.

"External input sources include Denon CD and MD players, TASCAM and Denon cassette decks, Sony and Denon DAT machines, Comrex Vector POTS codec, Telos Zephyr ISDN codecs and the StarGuide satellite feeds," Ray said.

"We use Electro -- Voice RE -- 20 and RE-27 microphones for the most part."

For audio compression, Ray employs Symetrix 528E voice processors. "We generally use very little compression, just enough to keep people from slamming the meters home," he explains.

For on-air playback and recording, WOR utilizes an ENCO DADpro MP-2 Digital Audio Delivery system with Digigram digital interface cards.

"On -- air programming is fed from the board into the pre -- processor, an Orban Optimod 8200-ST, for protection of the STL links out to the transmitter," Ray said.

"At that point, programming goes out to the transmitter site over our T1 Intraplex link, which provides a non -- compressed 15kHz -- bandwith digital signal."

The station also has a Moseley DSP 6000 and Moseley analog mono microwave links for backup systems. A dedicated analog landline between the studio and the transmitter site and a transmitter-site Comrex DXR ISDN codec provide additional STL backup options.

"And we have two hours of 'The Best of WOR' on DAT in case we have to abandon ship on Broadway," Ray adds.

The New York metro area is a great place to put HD Radio through its paces, he said.

"In Manhattan and onto the New Jersey Turnpike, there are plenty of power lines to go under and bridges to cross. With the analog signal you get buzzes, whistles, fades and everything else. There's virtually no interference on the digital signal."

IBOC also is significantly more power-efficient than its analog counterpart.

"For example, our broadcast range extends about 95 miles towards Philadelphia before it falls apart. What's incredible is when you consider that it takes a full 50,000 watts to get the analog signal that far, while the digital signal only uses 1,500.

"In typical AM, we can transmit up to 10 kHz, but your typical AM radio doesn't hear much above three and a half, so the current limiting factor is the end-user's radio. IBOC over AM goes almost to 15 kHz, a dramatic difference."

Ray said listeners tuning in to the digital signal will pick up on the changes that enhance the listening experience.

"When the radio locks on to the WOR digital signal and switches from the analog, the sound just opens up and becomes much cleaner, for lack of a better term. And when we get a music bed or a commercial with music -- we run a lot of spots for Broadway shows -- it's like night and day between the analog and digital."

WOR has been a technological pioneer in radio throughout its storied history. "We were doing facsimile broadcasts of printed media back in the '50s, we were one of the first stations to incorporate a profanity delay, one of the first 50,000-watt stations in the country, one of the first to use a directional AM antenna," Ray said. "So its just fitting that WOR is on the ground floor in the deployment and testing of IBOC."ose little time and spend the minimum amount of money putting IBOC on your AM station.

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How about stop clicking the "Post your comment" button and let the site load it the first time.

http://en.wikipedia.org/wiki/Pyrrhic_victory

Here's the link. I figured for the low IQ of this posting community, you'd believe it if you saw it on Wikipedia

Way to go Max, your continued need to prove your desperate ignorance is not really needed we all get it.

By the way adding a HD Radio chip to satradio wouldn't cost $100.00 it would be more like $10-$12 dollars.

Your rude, crude, language is going to get you mom to wash your mouth out with soap, also didn't you learn anything the last time? your going to lose your computer privileges again too.

We are laughing at YOU Max, YOU and your blind, ignorance.

Dave said:

"Hey Coward...

Putting HD Radio on every satellite product would be like stapling a bag of shit to every favorite product you bought. It ruins the product, We dont want that crap. If we did we would go out and buy it. Wanted to put that crap on the reciever just proves they are indeed a godam competitor. To bad it took the DOJ and 18 months to realize this. What a joke its been."

LOL... Staple a pile a shit. One of the best analogies I've heard.

iPhone and iPod touch already have a BETA app that lets you listen to both services. The finished app will probably be in the iTunes store sometime in the fall I'd say so get the best of both worlds.

Debbie...
You are so-o-o-o hot!
After all this merger stuff is done, how about a little....ya know??
After all, I am a man, and Hawkface doesn't get me hard anymore.


OMG Howard is going to fire OnA. Whatever will I do?

Posted by: Rube From wisconsin


when did howard become a ceo?

So now what are we going to argue about?


"By constructive you mean sticking around to educate your ignorant self?

"As with traditional AM, FM and TV broadcasting, HD Radio programming is subscription-free and supported either by commercial advertising or by membership as in public broadcasting. Although HD Radio is promoted as a "cost-free" alternative to satellite radio, listeners of both HD and satellite radio must purchase new receivers enabled with the technology in order to receive the broadcast signals.
iBiquity claims that HD Radio broadcasts are available today to more than 83% of Americans. It has also been reported that as of June 2008, over 1,700 AM and FM stations are broadcasting with HD Radio technology"

What a typical and expect answer from Blind, ignorant satradio fanboy Max.....
You are scared of HD Radio
You are a blind, ignorant satradio fanboy afraid of choice
Putting the HD chip in satradio's would cost very little, and there are plenty of HD Radio's out there sub $100.

Way to go Max, your continued need to prove your desperate ignorance is not really needed we all get it."

I have three HD Radio tuners, tool. Want pictures? Provide me a way to send pictures, and I'll take a picture of my hand holding a sign saying "Anonymous Coward is a tool" right next to the display of each one showing the playback of an HD station.

I have one Sony XDR-S3HD in the bedroom - 98.9-HD2 wakes me up every morning that I need the alarm to wake me up.
I have an Integra DTR-8.8 as my home audio receiver - 98.9-HD2 is the station used, for live rock music in between selecting other components (i.e. Sirius Stiletto 100, XM MyFi, Playstation 3, Xbox 360, Wii, HTPC, or HD-DVR) hooked to the receiver.
I have a Pioneer GEX-P10HD as my truck receiver - 98.9-HD1 is the FM station used, for Johnny Dare in the morning.

Neither of those receivers have made me drop either my XM or my Sirius subscription. What my HD Radio tuner allows me to do, is get increased dynamic range from terrestrial broadcasts, and a handful of HD2 substations -- one of them in Kansas City I actually like -- the live rock channel, 98.9-HD2, and even that channel is processed like garbage. Loud music slams the limiter; therein lies lots of aliasing, sibilance, and compression artifacts in general. But yes, it is CLEARLY superior to XM and Sirius...

HD Radio doesn't offer me my religious talk radio -- Sirius does. HD Radio doesn't offer me uncensored metal, XM does. HD Radio doesn't offer "live in-studio artists" and exclusive in-studio content, aside from commercial laden drivel, XM does. HD Radio doesn't offer me Faction, Sirius does.

Having worked at an alternative rock radio station which broadcast digitally (while still holding an XM subscription, how do you like THOSE apples?), I like the premise of HD Radio. I like the ability to exceed 15kHz at the high end. I like the idea of expanded dynamic range. But, to say that HD Radio offers substantial benefits -- aside from being free -- over satellite radio is completely bogus. Satellite radio has the leverage to offer content nationwide. Thus, they have the ability to get large deals and not have to worry about syndication to "overrule" local station general managers.

Look, I got into fights with the general manager (GM) about how the audio processor should be set! A lot of the problem is that station decisions aren't often up to the GM. A lot of stations run their transmitters "hot"; they run their Orban OptiMod 8500s with 3 to 6dB of dynamic range. With HD, all that is eliminated vs. the analog broadcast is the clipping of peaks, and the cutoff at 15kHz. The end result still sounds like garbage, albeit with slightly more dynamic range due to the presence of peaks.

You can throw the best Neural Audio solution at FM radio for processing, but the end result is only going to be as good as the bureaucracy above you says it can be. It is bologna, but that's terrestrial. Let's be "loudest on the dial!!!" What good is HD if the processing fails?

AC - How you like dem' apples? Bitch,

I'd say Howard is making a poor choice. Two FCC commissioner do their JOBS and have a different opinion than Howard and suddenly all Dem's lose Howards vote for good? Yeah that make lots of sense

Too bad Howard and his show hasn't been even close to the quality of show he put on back at KROCK when he had 8 million listeners. Oh well time moves on.

I believe the HD Radio fags are merely disgruntled Opie and Anthony fans who see that their b-b-b-oys will be getting shitcanned at XM once Howie makes his way over there. Let's just hope you're on the mark with your pre-emptive strike this time guys. Remember when you doofuses smashed your XM units on Youtube, Only to have Opie and Dopey return a few weeks later? Once we get Mel in charge you guys can really start smashing! Bababooey to y'all!!

O&A used to be good but not so much since going back to FM what were they thinking?

Old fashioned radio, HD radio fail in comparison to Sirius-XM. Here is hoping CC and CBS continue to fail! The only advantage Old Fashion Radio has is the local angle, and that barley exists.

I sure "hops" you're right!

Howard used to be good but not so much since going to Sirius what were they thinking?

WTF does Howard have to do with anything? Why does everything come back to Howard? Wonder what Opera thinks? What does Martha Stewart think?

Because Howard is God, Ned.

Anonymous Moron: "Way to go Max, your continued need to prove your desperate ignorance is not really needed we all get it.

By the way adding a HD Radio chip to satradio wouldn't cost $100.00 it would be more like $10-$12 dollars.

We are laughing at YOU Max, YOU and your blind, ignorance.>>

$10-12, huh? You idiots couldn't even pass THAT off? LOL!

Seems to me YOU'RE the one getting his sorry ass reamed post after post. And rightly so. You failed, and badly.


And thanks for reposting the two year old WOR radio piece- now listeners can hear Michael Savage in "HD." Brilliant marketing.

REMOVE THIS POST------------------

Change Tate's green button to YELLOW

It is Friday, the market is closed.

IT is NOT a DONE Deal---

STOP IT, STOP IT, STOP IT!!!!!!!!!!!!!!!!!!!!!!

You stupid ass-------------


TATE IS UNDECIDED

http://siriusbuzz.com/new-report-indicates-tate-still-undecided.php

You stupid ass-------------


TATE IS UNDECIDED

http://siriusbuzz.com/new-report-indicates-tate-still-undecided.php

bye bye o & a faggots.....bwahhhhahahahahahahahahahhahahaha
bwaahahahahahahahahhahahahaha'
bahahahahawhahahahahahahhahaha

Howard will retire in two years.

Get a life, idiots.

Howard will retire in two years.

Get a life, idiots.

BREAKING::::

IT"S OVER---JUST APPROVED----IT' OVER

REPEAT BREAKING!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
http://siriusbuzz.com/sirius-xm-merger-approved-in-only-493-days.php

This means XM will shit down all of its repeaters, meaning signal reception will suck as SIRIUS reception is easily knocked out by trees. Way to go, a great service is going to cost more and suck even more! Thank God for my i pod Touch!