In an ongoing trend of minority groups coming out in favor the Sirius-XM merger, the New York State Federation of Hispanic Chambers of Commerce (or NYSFHCC) today added its voiced in support of the merger.

"The Hispanic marketplace is expanding at an unprecedented rate not only in large metropolitan areas, but in every remote corner of the nation," said Alfred Placeres, Esq. NYSFHCC President. "We firmly believe that alternative news sources found in satellite radio have played a role in fueling this economic growth and we strongly urge the merger's approval."

"With expanded choices and better prices, satellite radio will be an even more attractive option for consumers, and this ultimately benefits our Chamber members and the two-million Latino-owned businesses in the U.S.," added Placeres. "Our community is more informed and better prepared to make important business decisions as a result."

One of the largest statewide advocates for Hispanic-owned businesses, the NYSFHCC serves as an umbrella organization and network for more than 40 organizations.

The NYSFHCC joins a host of organizations including The Latino Coalition, The League of United Latin American Citizens (LULAC), National Black Chamber of Commerce, Hispanic Federation and League of Rural Voters in supporting this merger.