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Radio > CBC, Canadian Broadcasting Corporation > In the U.S., XM...
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In the U.S., XM allowed to merge with Sirius

by danielsay@[EMAIL PROTECTED] (Dan Say) Jul 23, 2008 at 08:48 PM

...but in Canada, not yet.

        Still it will affect technologies offered.

Excerpt of article:

"A tentative deal has been reached by a majority of commissioners at      
    
 
the Federal Communications Commission to approve the merger of Sirius     
    

Satellite Radio Inc. and XM Satellite Radio Holdings Inc., a FCC  
source close to the review said Wednesday.

"Republican commissioner Deborah Taylor Tate is the only FCC member 
left to vote on the deal and she is expected to do so shortly, two FCC 
officials close to the negotiations said."

Apparently the combined firm will pay a $20 Million fine to the FCC       
    
 
for breaching their original pledge to not consolidate.

A more detailed article is here:              

http://www.marketwatch.com/news/story/sirius-xm-deal-nears-fcc-approval/story.
as
px?guid=%7B20A6DE95-9E33-4A1B-9B4A-5F6F1E3A3D8A%7D&dist=msr_1
or http://snipurl.com/33su9
 [www_marketwatch_com] .
 




 1 Posts in Topic:
In the U.S., XM allowed to merge with Sirius
danielsay@[EMAIL PROTECTE  2008-07-23 20:48:47 

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tan12V112 Thu Nov 20 22:40:00 CST 2008.