OFFICIAL: Sirius and XM Announce Merger

Monday, February 19, 2007 at 2:54 PM
Tags: 2, XM

XM and Sirius Announce Merger

IT'S OFFICIAL

XM Satellite Radio and Sirius Satellite Radio have jointly announced that they have entered into an agreement to combine the two companies - in an all-stock merger - with a combined enterprise value of $13 billion.

Sirius' superstar CEO Mel Karmazin will head the new company as its CEO, and Gary Parsons will also retain his title as Chairman as the new company. The new company's board of directors will consist of 12 directors, four independent members designated by each company, as well as one representative from each of General Motors and American Honda.

Hugh Panero will continue in his current role until the close of the merger. Further management appointments will be announced prior to closing.

The combination creates a nationwide audio entertainment provider with combined 2006 revenues of approximately $1.5 billion based on analysts' consensus estimates.

Follow the jump to read what's in store for customers and investors under this new merged entity...

The combined XM and Sirius will provide... 

Greater Programming and Content Choices
The combined company will offer consumers the ability to pick and choose the channels and content they want on a more on an a la carte basis. It will also provide consumers with a broader selection of content, including a wide range of commercial-free music channels, exclusive and non-exclusive  sports coverage, news, talk, and entertainment programming. Together, XM and SIRIUS will be able to improve on products such as real-time traffic and rear-seat video and introduce new ones such as advanced data services including enhanced traffic, weather and infotainment offerings.

Accelerated Technological Innovation
The merger will enable the combined company to develop and introduce a wider range of lower cost, easy-to-use, and multi-functional devices through efficiencies in chip set and radio design and procurement. Such innovation is essential to remaining competitive in the consumer electronics-driven world of audio entertainment.

Benefits to OEM and Retail Partners
The combined company will offer automakers and retailers the opportunity to provide a broader content offering to their customers.  Consumer electronics retailers, including Best Buy, Circuit City, RadioShack, Wal-Mart and others, will benefit from enhanced product offerings that should allow satellite radio to compete more effectively.

Enhanced Financial Performance
This transaction will enhance the long-term financial success of satellite radio by allowing the combined company to better manage its costs through sales and marketing and subscriber acquisition efficiencies, satellite fleet synergies, combined R&D and other benefits from economies of scale.  Wall Street equity analysts have published estimates of the present value of cost synergies ranging from $3 billion to $7 billion.

More Competitive Audio Entertainment Provider
The combination of an enhanced programming lineup with improved technology, distribution and financials will better position satellite radio to compete for consumers' attention and entertainment dollars against a host of products and services in the highly competitive and rapidly evolving audio entertainment marketplace.  In addition to existing competition from free "over-the-air" AM and FM radio as well as iPods and mobile phone streaming, satellite radio will face new challenges from the rapid growth of HD Radio, Internet radio and next generation wireless technologies.

The transaction is subject to approval by both companies' shareholders, the satisfaction of customary closing conditions and regulatory review and approvals, including antitrust agencies and the FCC. Pending regulatory approval, the companies expect the transaction to be completed by the end of 2007.

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Comments

So, if I get the Sirius lifetime sub today, will they honor it going forward? Seems like the only way to protect ourselves from the inevitable rising cost of sat radio...

All I can say is...WOW!

"Greater Programming and Content Choices -- The combined company is committed to consumer choice, including offering consumers the ability to pick and choose the channels and content they want on a more a lacarte basis."

Means pay per channel. They are going to nickle and dime us all, the Mel way... UGH! This is going to suck!

Wow.

I can't wait to not listen to Howard. This sucks.

Well I'll be damned. Can't wait to see how all my Sirius Stock looks tomorrow. I do find it amusing that all the hardcore XM fanboys seem most upset by this...

Almost as if this were a crushing defeat for their "side"...

Heh.

Of course, none of this would've been necessary if Panero and Parsons had stepped up and hired Stern to begin with. We'd be talking about XM buying up bankrupt Sirius' assets today...

I am officially amused....

:)

I am relieved i held onto my sirius stock

Good lord...it finally happened. All I ask is for my sub price to go unchanged for two more years. That, and I want a receiver that will allow me programming from both companies.

Finally, the bickering of sirius/xm fans will come to an end!

WOW.


There you go....alot of people said it would NEVER happen and it has. O.K. XM/Sirius now remember to take care of your customers...not new subs but the ones already on board. Let's see where this takes us and hopefully it will be a great experience. R.I.P. old Satrad and hello new one. I hardly knew you.

Can't wait for the Al Carte service packages to be announced. This will really suck when you have to pay extra for a "bundled" package of junk to get your favorite channel.

Boy does this sound like a shitty deal to me. I'll be voting 'no' when I get my shareholder form, although my small voice will do nothing. I can only see this having negative effects for consumers. They'll add commercials to all music and what are you going to do about it since there are no other options to switch to. Futher SQ losses as they 'add content' to each service before they have an interoperable receiver. I'll just cancel my subscription instead.

Tiered pricing. Death of well-loved channels. No, satellite radio is officially dead to me, and I'll be calling to cancel my XM service since it's the only thing I can do to make my voice heard in opposition to this.

Time to get reaquainted with my iPod, Pandora, and the one good radio station left in my area.

It was nice while it lasted. But like commercial-free cable TV in its early days, it was simply too good to be true.

Farewell satellite radio, and best of luck. But it's time for me to move on.

get ready for the comericals on music channels to start

"XM shareholders will receive a fixed exchange ratio of 4.6 shares of SIRIUS common stock for each share of XM they own"

So that must mean the combined company will now be known as shitty Sirius. Great job guys.

Goodbye, quality satellite programming. Hello, corporate Karmazin bullshit. Can't wait to hear what Lefsetz has to say about this.

I'm truly looking forward to taking advantage of the superior XM technology. I assume eventually, they're going to at least merge their hardware offerings as well. I wonder if the over-priced Stiletto is going to be discontinued?

As echoed by others here, I hope they don't raise subscription prices.

So many questions...

The next few months should be interesting. Can't wait to hear Howard talk about it next week...

>> Almost as if this were a crushing defeat for their "side"... >>

Nah, just didn't want our favorite programming to go away. And with Ol' Chiclet Teeth in charge now, all bets are off.

We're all on the same 'side' now, eh?

Whatever will we argue about? :-P

Sheesh - I can afford to replace the Inno and the SkyFi, but how the hell does this affect the built-in XM service in my car?

I dont know why all the SIRIUS fanboys are calling victory. It was an equal stock "split". Big deal, old catippillair eyes will be CEO, prob a good thing considering. Just hope he doesnt spend the new company dry.

Just remember, SIRUIS might have been kicking XMs ass in retail market share, but they prob would have been bankrupt before it meant anything. SIRUIS was talking merger long before XM was, they need it just as bad.

someone will have to turn in their license for 12.5Mhz of spectrum, there is no way the FCC of FTC will allow a monopoly

We can still fuss and bitch about how O&A and Howie/Mel are gonna get along now. Don't pretend the war is over. :)

someone will have to turn in their license for 12.5Mhz of spectrum, there is no way the FCC of FTC will allow a monopoly

>> "get ready for the comericals on music channels to start"

That, too, is a concern. I hope that doesn't happen, but don't forget they're still competing with testicle radio. No commercials on music channels AND Stern is a huge content advantage. They might put commercials on eventually, anyway. God, I hope not.

Consumers usually lose in deals like this. Stockholders will win big time. Mel has always done well by the stockholders. That's why Wall Street loves him....

someone will have to turn in their license for 12.5Mhz of spectrum, there is no way the FCC or FTC will allow a monopoly

Anyone who is going to cancel XM or Sirius because of this announcement is an idiot. Unless the service you listens to changes for, in your opinion, the worst, then don't cancel!! XM should sound the same to me later today, tomorrow and next week. Until the government approves this deal, you should not expect any programming or other changes!

Let's sit back and see what happens....

Great a la Carte listening.
This blows

"That, too, is a concern. I hope that doesn't happen, but don't forget they're still competing with testicle radio. No commercials on music channels AND Stern is a huge content advantage. They might put commercials on eventually, anyway. God, I hope not."

comericals will come mel has wanted it for a wile now

As you can see alot of listeners are upset (myself included)and we are all wondering about the tiered pricing and one thing I am wondering about is now since the Stiletto and Inno are somewhat outdated (I doubt that they can ever update the current systems) we can only imagine what unit will be coming out.

Ok, thanks george, we GET it.

Well Ryan, our fears have come true. As a subscriber, I am terrified to what may become of the programming.

I can already see the music being dumbed down to satisfy the lowest common denominator. I see more commercials coming, that's Mel's MO. Nothing personal against Mel, but he's not a radio guru, he's a advertising business guru. Mergers and acquisitions, not customer loyalty and satisfaction are the things ahead.

As a consumer, at first this will look like a great deal, all the sports and talk on one service. But where does it go from here? No competition (hey, terrestrial isn't competition anymore, right?), no choices and higher prices. They will HAVE to raise prices in hopes to recover some of the money they've been losing over the years.

I may be saying goodbye to my namesake and my love for SDARS in the future. :*-(

Good luck to the investors out there.

Yea George thanks for the fucking quadposting there.

I don't like the fact that he's talking tiered pricing. I like my one damn subscription gets me everything. If they are going tiered, then we better have an option thats cheaper than the current sub price. If they are going to charge the same for only partial content then I will cancel.

>>"We can still fuss and bitch about how O&A and Howie/Mel are gonna get along now. Don't pretend the war is over. :)"

Oh yeah. That's a battle. :rollseyes:

I guarantee you the first time those middle-aged bitches act up, Mel will put them in their place in no uncertain terms. Just like the last time.

With Karmazin, there's Stern, and there's everyone else. If nothing else, he's very loyal to the guy who helped make him a billionaire.

Hey, I think XM sucks with it's commercial-included music stations and lack of a A-list morning show. You XM fanboys laugh at our over-priced, shredded in reviews Stilleto.

Like as MikeHunt says, is it time for a truce? Regardless of if you're on the Sirius or XM side of the fence, it's like your divorced dad is about to remarry a sub-par new mom. And like it or not, that's your new family.

Seriously though, I am concerned. Sure I own stock, and it'd be great to make a little money, but more important than that is the endless hours of entertainment at home, work, and on the road that satellite radio as I knew it has given me.

I understand this merge makes sense from a financial standpoint for the two involved parties, but will things end there?

Now there is going to be ONE realistic choice for satellite radio. As much as it seriously pains me to say it, I see the commercials coming in the new future, and subscription justification to then just highlight the uncut/variety of music as a reason to join.

For me, that's not enough. I love having uncut music, and I love the wild variety satellite offers. But in the end it's my hatred of commercials that I love the most. I justify "paying money for radio" as skeptics say in the sense that I'd rather pay stations directly than have them be funding by 20 minute commercial blocks sprinkled in every hour of FM radio.

And I'm not too far from Adam's stance. The DAY the commercials start I'm out. Even if it starts on a couple "hit music" stations, the promise of commercial-free music will be broken. It will be back to the iPod and it's cycle of songs from my personal library.

It was a good run while it lasted.

How typical Mike Hunt. Howie going to run and cry to Mel again like he did back in the day? WHAAA they are talking about me again!!!!!! WHAAAA make them stop. You just proved how pathetic you Stern fans are!

And yes we can still war about O and A and stern. Its only the beginning

>>> The DAY the commercials start I'm out.

Oh, get over it. What do you think the Who channel is, and the Stones channel? One big freaking 24/7 commercial.

SIRIUS/XM must, must, MUST know what we know: that FCC/FTC approval is difficult if not impossible. Is this a false merger to drive stock prices up? Or do they know something we don't??? They have much more $$$ and contacts in the FCC/FTC than we do, so I gotta think they simply know something we don't...

Assuming that the licenses are merged, this is the way that I think the service will look.

* Combined spectrum divided 4 ways: 2 XM sats in geostationary orbits, 1 SIRI sat always on (the one in the northern loop). This constellation would be perfect, guaranteeing spatial diversity and look angles. The 4th segment would still be repeaters, but those would not be as necessary as they are for XM. The combined company could operate with 250-300 repeaters, I would think (a reduction of 75% from the combined total).

The total bitrates of the licenses is 27 Mbit IIRC. That says 6.75 Mbit per segment, an improvement of 50% from the current segment limits. HM would increase this figure to north of 10 Mbit to play with.

* Music lineup. Would probably suspect a consolidation here with Lee Abrams running the show. Sirius personalities would probably move over to the combined service, which would probably resemble XM's lineup plus Super Shuffle, Underground Garage, Margaritaville, Outlaw Country, Shade 45, & Elvis Radio.

* Talk lineup. There's duplication here (ESPN, CNBC, Fox News, traffic/wx channels) and that will save up bandwidth. Ending Sirius' pre-emption and expanding home & away sports broadcasts on XM would probably eat up most of the bandwidth savings from de-duplication, though.

* Savings from a combined activation/deactivation bandwidth and consolidated data services would probably leave the total bitload, at about 4.5 Mbit with current bitrates. A 50% improvement in across-the-board bitrates and a 50% increase in music channel count would eat up the remainder. Additionally, the conversion of millions of Sirius radios to XM radios would make this the time to replace the legacy XM radios and deploy parametric stereo (which has been held up by the fact that it would make old radios receive only a mono signal) and maybe even port S>PLEX to XM's platform, which would further improve SQ. At this point 130 channels of CD-transparent music is theoretically possible, which removes the biggest selling point for HD over satellite: superior SQ (especially if Sirius' less aggressive band compression is used in lieu of XM's Neural Processing!).

Assuming that the licenses are merged, this is the way that I think the service will look.

* Combined spectrum divided 4 ways: 2 XM sats in geostationary orbits, 1 SIRI sat always on (the one in the northern loop). This constellation would be perfect, guaranteeing spatial diversity and look angles. The 4th segment would still be repeaters, but those would not be as necessary as they are for XM. The combined company could operate with 250-300 repeaters, I would think (a reduction of 75% from the combined total).

The total bitrates of the licenses is 27 Mbit IIRC. That says 6.75 Mbit per segment, an improvement of 50% from the current segment limits. HM would increase this figure to north of 10 Mbit to play with.

* Music lineup. Would probably suspect a consolidation here with Lee Abrams running the show. Sirius personalities would probably move over to the combined service, which would probably resemble XM's lineup plus Super Shuffle, Underground Garage, Margaritaville, Outlaw Country, Shade 45, & Elvis Radio.

* Talk lineup. There's duplication here (ESPN, CNBC, Fox News, traffic/wx channels) and that will save up bandwidth. Ending Sirius' pre-emption and expanding home & away sports broadcasts on XM would probably eat up most of the bandwidth savings from de-duplication, though.

* Savings from a combined activation/deactivation bandwidth and consolidated data services would probably leave the total bitload, at about 4.5 Mbit with current bitrates. A 50% improvement in across-the-board bitrates and a 50% increase in music channel count would eat up the remainder. Additionally, the conversion of millions of Sirius radios to XM radios would make this the time to replace the legacy XM radios and deploy parametric stereo (which has been held up by the fact that it would make old radios receive only a mono signal) and maybe even port S>PLEX to XM's platform, which would further improve SQ. At this point 130 channels of CD-transparent music is theoretically possible, which removes the biggest selling point for HD over satellite: superior SQ (especially if Sirius' less aggressive band compression is used in lieu of XM's Neural Processing!).

cool this will save me money i can get rid of my xm accts

.
.

NOW do you think they will keep O&A + CBS sharing agreement? do you need TWO morning Shock Jocks? Will O&A move to afternoons again?

Better bet that "Howard always wins in the end", if you think he shoved a stick up their ass (o&a) at CBS wait till the "Mel" run company has to keep their 700million dollar man happy....

if howard says they go, you can bet they will be out. if howard says "afternoons", afternoon they will go. i doubt that they will be on mornings long if this merger (sirius buyout) goes through.

HOO HOO

Free FM is sounding better and better. You know darn well they are going to jack the subscription prices up now that there is no competition.

Another comment on "XM shareholders will receive a fixed exchange ratio of 4.6 shares of SIRIUS common stock for each share of XM they own"...which to me sounds like the unified company would be called Sirius.

Real stupid move there XM. Let's say I'm joe consumer and I want go buy sat radio...well I'm heard about this merger and how it's all going to be called Sirius, so that means I better buy Sirius equipment. That means XM's retail purchases will really hit rock bottom, and if the 'great deal' falls though, your going to be behind in the sub #'s. XM just gave up.

>>"And yes we can still war about O and A and stern. Its only the beginning"

Uh sure...

Guys like you remind me of those Japanese soldiers who couldn't accept defeat and lived in the jungle for years after WWII ended and refused to face reality.

Hate to tell you, but the "war" is over. You lost. Obviously, nothing's been decided yet, but it appears as if the guys running XM yesterday will not be in charge once things have shaken out. And I'm not sure if Stern even was aware there was a "war" with O/A. I don't think they meant that much to him or Sirius either way...

I am curious what's going to become of everyone's favorite second-rate Stern clones now that Mel is in charge, however. Should be entertaining.

What does this mean? Does this mean that will be one radio that receives both satellites? If so, that could be a good thing in that some of the overlap could be done away with. That would, in theory, mean the quality of the audio could make a comeback.

In the meantime I suspect there will continue to be two radios and two sets of services. It simply allows the financials to be combined. That is a shame, because it seems to me that XM is trying to be more responsible with it's finances (e.g. lease/buyback).

The part I am worried about is that I love XM's philosophy on channel programming. It seems to me that Sirius took a popular approach and XM took the music lover approach. I hope they keep a split and allow both the XM and Sirius philosophy to stay within their own set of channels. Keep the marketing guys on a limited subset. Let the music lovers have their fun.

The big winner is the sports fan. Now they get one service with football, hockey, baseball, etc.

I can't imagine Sirius sticking with their hardware. It seems to me that XM still has a pretty big lead on them. The mini-XM receiver, the Inno, etc.

I will just hope for the best. That is all I can do.

sorry for the double post, I signed up :-)

Not enough info for me to make an informed decision yet, but my instincts are leaning towards bad.
As a current XM subscriber, can't wait to hear people saying "This sucks, I liked it back when it was XM" and other stuff like that, because it seems to most people that XM is taking the hit.

This is awful news. $3.00 per month for Howard, $.50 per month for ESPN Radio, $1.00 per month for Opie and Anthony. It will cost me $400.00 per month to get all the programming I like!

I really hate Opie and Anthony. I hope they are forced to sing Howard's praises every day once the merger is complete.

This sucks. At the risk of sounding like a broken record, it's good bye diversity and hello commercials. It is going to be sad to hear the diverse channel line up and huge playlist being destroyed by $Mel$.

The past six years have been fun at least. Here's to the next 18 months of ignorant bliss before things end.

what's with the "prices will go up" and "here come the commercials" posts? do you really think anyone would continue to subscribe if they were being asked to pay for what they can essentially get free over the air? by the time this goes through, HD radio will be in more markets offering more content, so SDARS still has to price themselves competitively, and have a differentiation factor (commercial free music). price increases appear to be innevitiable to me with or without a merger, as it has been nearly 2 years since XM's price increase, and Sirius has been at $12.95 forever. look for $14.99 from one or both by mid summer.

either way, I like the a la carte approach if it is done right. i may get all they have to offer anyway, but this could help gain subs in other areas, like the spanish consumer base. why pay $12.95 for only 5-10 channels? maybe more hispanics would be willing to pay just $4.99 to only get SP channels??? or women who only want the hits genre and women's talk??? $12.95 might seem like a bit much, but $4.99 becomes easier to swallow.

just saying, there is still competitioon out there, and a hell of a lot more non subscribers than subscribers, so if this goes through, the ocmpany will still be doing what it has to do to grow and survive, not shrink by limiting programming and raising prices.

Also keep in mind that Howard is a shareholder by virtue of his grants and options. This kind of makes him O&A's boss. Who wins in the end again?

"XM shareholders will receive a fixed exchange ratio of 4.6 shares of SIRIUS common stock for each share of XM they own"

This means nothing of what the new companies name will be. All this means is that XM stock holders will recieve SIRIUS stock to balance out. The 2 companies have not yet announced a new name, therefore, how else are they to describe the stock? Im guessing they will keep XM or make a new name. Even Sirius folks know Sirius is a stupid name!

YYYAAAARRRRGGGHH!

THE SKY IS FALLING!
THE SKY IS FALLING!

Yeah this still has to go through the FCC. So there is a long road ahead and there is a huge chance the FCC will just say no.

OnA back to afternoons? Ahhh the good ol' days.

i am looking at the ups
than the downs right now.
i feel that mel learned his lessons
about merging with viacom.
pest stop drinking the o-aid.
the only people that will have a problem
is opie and anthony.
although a match between bubba
and o/a in the bubbagon sounds cool.

Also keep in mind that Howard is a shareholder by virtue of his grants and options. This kind of makes him O&A's boss. Who wins in the end again?

O&A may own stock in XM, who knows?

Howard's production company has been issued ~56M shares, less Buchwald's cut, whatever he sold (he was cleared to sell all 34M received in 2006) and whatever was given to staff. Sirius has 1.41B shares outstanding and the merger is a stock deal, so Howard'll see his ownership further diluted.

The only good thing that could come out of this is sirius will finally have to fight the music industry instead of letting xm do it all by themselves.

lets look at positives for now. i'm going to put some faith in the management that they won't fuck us over with commercial ridden crap. baseball, how u doin? the sports makes me druel. i own a lot of sirius stock, but i'd rather keep the quality of radio if it means i don't cash in.

[quote]although a match between bubba
and o/a in the bubbagon sounds cool.[/quote]
The Bubbagon?! YECCCHH! What a fuckin' hack!

My perfect Merged Channel lineup...

Music, 100 commercial free channels:
Decades: 6 channels, 40s, 50s, 60s, 70s, 80s, 90s
Hits: 6 channels, Top 40, Adult contemporary, hits of this current decade, easy listening hits, love songs/romance hits, seasonal hits
Rock: 20 channels focusing more on specific sub-genres and having less crossover than current rock channels
Country: 10 channels, again focusing on sub genres and avoiding as much crossover as possible
Rap/HipHop: 5 channels, 80s, 90s, Gangsta, Pop, Brand new
Soul/R&B: 2 channels, old favorites and new hits
Jazz/Blues: 5 channels focusing on sub genres
Dance/Techno: 3 channels focusing on sub genres
Classical: 3 channels focusing on sub genres
World Music: 10 channels focusing on traditional and new music from all over the world
Latin Music: 10 channels focusing on old and new sub genres from the Latin/Hispanic culture
French Canadian Music: 10 channels focusing on old and new sub genres of FR-CA culture
Religious: 10 channels focusing on religious music from differnt religions and denominations

Sports Talk, 13 channels:
ESPN, ESPNNEWS, Fox, Sporting News, "In house" sports talk (soccer, tennis, golf, etc), Spanish Sports, French Canadian Sports, MLB Talk, NFL Talk, NHL Talk, NBA Talk, College Sports Talk, NASCAR/Motorsports Radio

Live Sports, 40 dedicated channels (not all 24/7), this allows for all home broadcasts for each mjor sports, and an extensive college/secondary sports lineup.

News, 15 channels:
Fox, CNN, CNNHLN, CNNsp, In house Spanish News, CNBC, MSNBC, CSPAN, ABC, BBC, Bloomberg, Canadian News, Canadian News FR, NPR (or in house version thereof), CBC

Talk/Comedy, 20 channels:
Women's talk (Oprah, Martha, Ellen, Tyra, etc), Books on tape, Self Help, Fiancial/Expert Advice, Conservative Talk, Liberal Talk, Trucker Talk, Christian Talk, Muslim Talk, Jewish Talk, Spanish Talk, FR-CA Talk, Family (non-religious) Talk, kids talk/comedy, Uncensored Comedy, Sensored comedy, uncut comedy performances (full 60 minute acts rather than random clips), Spanish Comedy, FR-CA comedy, "shock jock" channel (Stern, O&A, etc)

Traffic & Weather:
25 channels dedicated to 25 large markets

This would be ~73 full time channels, in addition to the 40 live sports channels which will not be full time, and would rarely be maxed out, with no pre-empting of any of the full time channels. some of the "big names" may not go along with my consolodation ideas on the talk channels, but this is how i would like it to go down...who knows how it will really shake out, or what bandwidth will even be available when it happens...but one can dream...


My perfect Merged Channel lineup...

Music, 100 commercial free channels:
Decades: 6 channels, 40s, 50s, 60s, 70s, 80s, 90s
Hits: 6 channels, Top 40, Adult contemporary, hits of this current decade, easy listening hits, love songs/romance hits, seasonal hits
Rock: 20 channels focusing more on specific sub-genres and having less crossover than current rock channels
Country: 10 channels, again focusing on sub genres and avoiding as much crossover as possible
Rap/HipHop: 5 channels, 80s, 90s, Gangsta, Pop, Brand new
Soul/R&B: 2 channels, old favorites and new hits
Jazz/Blues: 5 channels focusing on sub genres
Dance/Techno: 3 channels focusing on sub genres
Classical: 3 channels focusing on sub genres
World Music: 10 channels focusing on traditional and new music from all over the world
Latin Music: 10 channels focusing on old and new sub genres from the Latin/Hispanic culture
French Canadian Music: 10 channels focusing on old and new sub genres of FR-CA culture
Religious: 10 channels focusing on religious music from differnt religions and denominations

Sports Talk, 13 channels:
ESPN, ESPNNEWS, Fox, Sporting News, "In house" sports talk (soccer, tennis, golf, etc), Spanish Sports, French Canadian Sports, MLB Talk, NFL Talk, NHL Talk, NBA Talk, College Sports Talk, NASCAR/Motorsports Radio

Live Sports, 40 dedicated channels (not all 24/7), this allows for all home broadcasts for each mjor sports, and an extensive college/secondary sports lineup.

News, 15 channels:
Fox, CNN, CNNHLN, CNNsp, In house Spanish News, CNBC, MSNBC, CSPAN, ABC, BBC, Bloomberg, Canadian News, Canadian News FR, NPR (or in house version thereof), CBC

Talk/Comedy, 20 channels:
Women's talk (Oprah, Martha, Ellen, Tyra, etc), Books on tape, Self Help, Fiancial/Expert Advice, Conservative Talk, Liberal Talk, Trucker Talk, Christian Talk, Muslim Talk, Jewish Talk, Spanish Talk, FR-CA Talk, Family (non-religious) Talk, kids talk/comedy, Uncensored Comedy, Sensored comedy, uncut comedy performances (full 60 minute acts rather than random clips), Spanish Comedy, FR-CA comedy, "shock jock" channel (Stern, O&A, etc)

Traffic & Weather:
25 channels dedicated to 25 large markets

This would be ~73 full time channels, in addition to the 40 live sports channels which will not be full time, and would rarely be maxed out, with no pre-empting of any of the full time channels. some of the "big names" may not go along with my consolodation ideas on the talk channels, but this is how i would like it to go down...who knows how it will really shake out, or what bandwidth will even be available when it happens...but one can dream...


>>or women who only want the hits genre and women's talk??? $12.95 might seem like a bit much, but $4.99 becomes easier to swallow.


Oh that's baaadddddd...........

As long as they don't take away "Escape" XM 78....

But think about this....Satellite radio is really only a transitionary technology...When we can have Internet Radio easily acessible in the car, in the palm of our hand, or just about anywhere, every other means of 'media' will be extinct.

I dont think O&A have anything to worry about.

On the rare days that Howard Stern shows up for work he's more concerned about commercials and getting out the door than doing a show.


What will the name of the new company be? I think XM is a much better name than Sirius.

Whaaaaaaa my satellite radio wont be able to get both Whaaaaaaa...... of course they will be able to update both xm and sirius recievers so they can get both service's. Its call a update just like a computer would

The only reason I purchased XM was for Cross Country...the Americana Station. If I lose that...I am buying an IPOD. If I now get NPR too that would be a bonus. I have a 3 year subscription...so I suppose rate increases are at least that far away. If commercials start...I'm buying an IPOD.

Direc-TV and Dish network tried to merge a few years back...

How well did that go????


Thats right...

It didn't!!!

ALL I WANT TO FUCKING NOW IS I JUST GOT MY SIRIUS RADIO DO I HAVE TO GO OUT NOW AND FORK OVER MORE FUCKING MONEY TO GET A NEW ONE IF ANY ONE KNOWS RESPONED TO THIS COMMENT

Oh, you can bet commercials will be coming... And lots of em.

>>Oh, get over it. What do you think the Who channel is, and the Stones channel? One big freaking 24/7 commercial.

mrFancyPants, that's just ignorance.

Who/Rolling Stones Channel = BRANDED CHANNELS

5-10 minutes blocks per hour about refinancing/free xbox/free checking = COMMERCIALS

Still can't tell the difference? Turn on free FM.

XM/Sirius merge?
If it sucks can I cancel and get my money back?
As long as I can hear uncensored comedy and ALL of O&A I'd consider keeping it. The lineup submitted by bugzy sounds great...
I just hope that they don't screw us; the consumer... guess we'll all have to wait for the FCC FTC to approve or kick it back...
... this doesn't look good... yet...

the fcc will allow this to go through... because if you look at the cable industry, only one company has the ability to offer their service to your home, but there is a variety of other companies from differrent media. ie broadband, satellite, dvd that can provide entertainment as well.

This will be the argument sirius will use to allow for the merger. They will be the only satellite radio provider, but as they stated in todays statement. They are up against, free radio, HD radio, ipods.

Satellite radio was a hard sell from the beginning. It's for people who just want to hear good music or news without all the ads. I will admit that I love my XM radio, I like being about to turn on a music station and know that I'm just going to hear good music and nothing else. I also like the choices of music offered. What XM charges a month would be tough to sell to the average listener. Most people don't spend time just listening to what they want to on public radio. We are conditioned to change channels when a commercial or too much talk comes on our favorite station.

The Satellite radio market will probably continue to be a very small one for a long time. If they want to stay alive and competitive, they will have to offer a lot more than commercial free news or music

It is never good when companies combine! I hate monopolies! Where is the competition now! This is a disaster in the making. Whenver you have 2 companies competing it always enhances the product. This is a bad idea! They better keep XM comedy channel 150 with Sonny Fox the best comedy channel out there!

Sirius just canceled my favorite channel so I was already on the fence about renewing my subscription.
Who knows what channels will be left behind in the wake of this merger?

I'm already putting up with low quality audio on the music channels and interminable ads on the talk channels. If they increase pricing, that's it for me.

Back to AM talk.

we'll so much for competition making a product better...the future of everything business seems to be a monopoly (ala walmart)...

low margins and cost of business = less options

The challenge for both XM and Sirius (if the merger is actually approved) will be to retain the programming that each of their current customers are passionate about. We can only hope the suits and ties listen to customers before making drastic programming changes. In my case, if XM Fine Tuning 76 or Deep Tracks 40 disappears, I'll immediately retire my home unit, and probably think about going back to CD's in the car.

My cable bill went up $1 last month and another $1 this month. Guess what? Because my cable company hasn't been deemed a monopoly, it can raise prices at it's own discretion, and I can't do anything about it except go to satellite TV.

Guess what will happen to our beloved satellite radio? You'll either deal with the increase in price or go back to traditional radio. Nobody wins with this merger.

I'm very interested how this possible merger will affect my lifetime subscription. FYI to those who aren't familiar to the lifetime subscription. Sirius offered at the time of the Howard Stern Requisition a Lifetime subscription offer for a limited time.(2 month period) The $500 fee gave you a "limited" lifetime subscription to Sirius Satellite radio. The "limited" is exactly that! Unknown to many Lifetime members is that during your subscription, the member is "limited" to only "3" receivers. After the 3rd receiver is registered, you better make it last and hope it doesn't break. For this reason I optioned for the behind the dash external receiver that plugs into any Kenwood radio. If the Kenwood breaks, you can buy another receiver and use the same satellite box reducing the wear and tear factor out of the equation. I'm wondering if the XM technology is used and I am forced to buying a new receiver,will that "2" receiver count as one of my "3" I guess I shouldn't worry about something that has yet to happen right?

I'm sorry but XM posters here remind me of Red Sox fans. Too funny.

Programming on Sirius is much better than XM. Sirius is definately has better music programming for true music lovers. Definately not your top 40 channels like most of XM's. As for advertising going up because of Mel. XM has more adds per channel than Sirius.

Finally, the whole reason there is a merger is because Sirius' growth and gain in market share was/is killing XM financially and it was inevitable that XM would be no more. If that happenend then the Satellite industry would have a dark cloud over it and be labled as a failure because the previous market leader and the company that was the pioneer was gone. So it was a smart business decision by Sirius to not let XM go under (because that was what XM's fate was) but to merge. Sirius wouldn't grow as fast as they have been if XM was defunct.

In parting. For anyone to say they are gonna cancel subscriptions and go back to free fm. Ha! That would be like sombody saying they are gonna get rid of there cable/Dish and watch free tv. What a joke.

People are saying that the Inno and the MiniXM receiver is a good reason to stick with XM hardware. The stiletto is not as bad as people think it is. The only problem is the price. The merger would maybe create some room to lower that price so people can realize how good of a product it is.

Stiletto connects to WiFi networks, can record any song while its on by pressing one button, stores plenty of music, has the ability to link to your computer (iPod-ish), the battery life is longer, and it is MUCH nicer. You can also plan recordings for the future and the antenna isn't some goofy cell phone antenna popping out of the top.

Besides that I love XM's music channels, plenty of stuff to go around. I also love Sirius' talk channels, NFL Radio, Stern, NBA, and NASCAR.

If commercials come, I go. I say everyone should.

Well, all I can say is that I hope that they don't take away any of the current 'Sirius' channels. The whole reason I went with Sirius and not XM was because I love the channels that Sirius offered. Unfortunately we have XM through our DirecTV and I really dislike listening to it. I can't stand the equivalent XM channels...in my opinion they suck.

Hard Attack RULES...Liquid Metal drools...period!

I just want to know what is going to happen to my 700 shares of Sirius stock? Is it going to go up 9 bux a share or something now? I couldnt careless about the services they provide, I just want to get paid (maybe then I will sign up :)

I think that they should just stay apart? I like the Sirius Radio now and I'm wondering if it is going to affect the radio content.

Yeah, what DOES happen to the stock (for those who already own sirius shares)? Sorry, I'm not so stock or business minded.

I just located this website and I would like to comment on the quality and content as impressive.

What do we think about the stock values regarding both companies? Does the stock value of both companies get combined since they will merge or will they remain separate? I.E.-SIRI is at 4.oo share and XM is at 14.oo share. Will they combine and go to 18.00 per share?

Thanks for your responses.

Brian

I just located this website and I would like to comment on the quality and content as impressive.

What do we think about the stock values regarding both companies? Does the stock value of both companies get combined since they will merge or will they remain separate? I.E.-SIRI is at 4.oo share and XM is at 14.oo share. Will they combine and go to 18.00 per share?

Thanks for your responses.

Brian

just stumbled across this stuff today and figured that even though it's a little late, i wanted to toss this idea out:

i really don't know what the fuss about O&A v Stern really is. let O&A do their thing, let Stern do his thing, the company only stands to make money. O&A already stated they will not take an offer at the new place if there are any kinds of restrictions on what they have to say. it would only make sense for a company to run both programs without restraints because like i said, it's only more money - they can't lose.

We first bought an XM-to-Go set up for our car and mountain residence. Then we bought our college kids both a Sirus setup - because their cars were prewired for it.
We all LOVE the set ups with flexibility - and canceled our cable TVs! During that time we purchased both XM and Sirus stock. YES it has fallen over 50% but we are hopeful it will be the "comeback kid". After working in Katrina-land,life in the mountains and motoring the great and sometimes desolate highways - we feel satellite services are the way to go. And we look forward to when we can get our cell phone service attached to the XM or Sirius (XMSIRI) services!

I must agree with the previous posts on music quality of the channels on Sirius vs. XM.

I first got a Sirius receiver and then our new car came equipped with XM and 3 free months. Before the first free month was over, I was putting Sirius into our new car and let the XM subscription run out. Why? Because I found the music channel categories and music line-ups on those channels to be much better on Sirius and I kept wondering on the XM channels, who programmed in those songs?!! 001, 007, 008, 009, 010, 012, 015, 016, 017, 019, 021 ... those are some great channels !!

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