I wanted to ignore this - because it's just so outlandish and completely incorrect - but I've been getting so many emails all day that this post simply needs to be addressed.
A recent post on The Consumerist which features the wonderfully scandalous headline: XM-Sirius Merger Will Double Monthly Prices? is wrong. Pure and simple, wrong.
According to "a customer service rep" (-10 points instantly), a tipster has told the normally-useful blog that XM Radio's prices will "roughly double" by May.
Here's what was supposedly said:
"This is strictly confidential, but all the paperwork is signed and ready to go, and XM has fully acquired Sirius Radio. Come May, there will be a substantial price increase for XM Radio, as it will, in June or so, host all the Sirius channels. It would be best to simply extend your XM plan as we will honor your current contract price per month before we begin hosting the Sirius stations."How many holes do you see in that statement?
The problem I have is that back in July of last year, Sirius and XM outlined their pricing strategy post-merger. And in front of multiple Congressional hearings, and for countless times throughout the past year or so, we've heard the "more choice, better prices" mantra repeated over and over again. Yet, when a single outsourced customer service rep (if such nonsense even came from this source) says something completely ridiculous like this, everyone perks up and listens.
Just so we're clear:
Everything, and I mean everything, from that quote above is wrong.
Thanks to everyone who sent this in!