Washington Post on the TMF Report

Wednesday, April 11, 2007 at 9:53 AM
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Sirius and XMThe Washington Post has picked up on the recent TMF report that criticized the Carmel Group limited view of the audio entertainment market.

"The FCC and DOJ aren't in the business of looking into some crystal ball and predicting some technology in the future," said Jimmy Shaeffler of the Carmel Group. "Somewhere down the line, maybe 5 years, 7 years or more, XM and Sirius can come back to this argument and possibly prevail."

"My view is that the criticism . . . doesn't jibe with the reality of the market," Farrar said, noting that almost 50 percent of iPod users have purchased accessories to allow for in-car playback.

One important thing that the Washington Post has highlighted (and something that I neglected) is that TMF Associates did not take a position for or against the merger - but rather said that consumers have choices, including not to subscribe to satellite radio at all.

[Washington Post

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