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zamboni

XM AND SIRIUS TO MERGE

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http://finance.myway.com/jsp/nw/nwdt_rt_top.jsp?news_id=ap-d8nd32i00&.html

Well, I thought XM was doing good, guess I was wrong. I heard that they figured they'd be losing money for a few years because that satellite cost the company several billions of dollars to launch, but they must be doing worse than expected.

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Yeah I personally have XM, now Opie and Anthony won't be able to complain about Howard. Sirius should have seen this coming, when you give Howard Stern a $82.9 million dollar bonus, that really hits you in the pocketbook. There's no way he has brought in $82.9 million dollars in business + his salary, that is just insane. The Gov't really needs to do something about these CEOs and big business Presidents getting ungodly bonuses.

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I certainly hope this does not go through, with no competition except for am/fm they would probably raise there fees. mad.gif

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XM had no where to go but down. They lost or will lose all of their sports programming such as NFL and NASCAR which is everything to satellite radio. Basically all Sirius had to do is sit back and wait for XM to ask them to merge as they are in the driver's seat now. XM used to be in the lead but got complacent and Sirius went out and started to acquire big programming packages while XM sat on their hands.

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Who knows what will happen. Right now ive got sirius in my truck and XM everywhere else. I do like both. If they merge and combine all programs that would be great. As long as it doesnt go way up in price. I'm not in favor of the Govt. sticking there fingers into the deal though.

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They actually said on TV the other night, if it does go through, the subscription prices will go down, since their number of customers has gone up.

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Quote:

They actually said on TV the other night, if it does go through, the subscription prices will go down, since their number of customers has gone up.


Thats funny right der......

I hope the government does step in and squash it.....let's see you want Sat radio your choices are.......US or US...... grin.gif

I would hope they would keep both services seperate.

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Just got this E_mail today!

February 20, 2007

Dear XM Radio Subscriber:

We want to share with you some exciting news: Yesterday, in Washington

DC, we announced XM Radio will be merging with Sirius Satellite Radio

to form the premier digital audio service.

The merger will create a satellite radio company that will provide

consumers across the country with more and better premium radio

programming. The combined company will be able to compete better in what has

become a very complex and dynamic entertainment market.

Where today our exclusive contracts mean you had to choose between

baseball and football or Oprah and Martha Stewart, the new company will

seek to ensure that in the future, you will be able to access both

companies' programming. And, once we are fully integrated, those of you who

have factory-installed satellite radio will no longer be limited to the

programming provided by the exclusive satellite radio service chosen by

their car manufacturer.

This merger should be completed in late 2007 or early in 2008.

Throughout the year, we will provide updates on how the merger is progressing

and information will be available at our HSOforum.

Between today and the merger date, as well as during the period

immediately after the merger date, all of your services will remain the same.

The channel lineup, the customer service number, the great music

technology, and the XM Radio web site will all remain unchanged and there

will be no disruption to service. But, if you have questions, information

will be available and maintained on our HSOforum, and you can contact

our Listener Care team at 800-XMRADIO, with questions and concerns.

XM Radio continues to be committed to providing you the highest quality

audio entertainment and customer service available today. After the

merger, our new company will be able to offer you the most exciting

listening experience in radio.

Sincerely,

Hugh Panero

CEO, XM Satellite Radio

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Well good, I hope the cost comes down and that I can get the nascar channel back. I have the FM package in my truck and mainly got it for the Nascar station and some of the sports channels for when I'm heading home from the cabin in the summer. Been pretty ticked about the coverage and was getting ready to cancel my subscription but now I may have to hold onto it for awhile.

Tunrevir~

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That's why I don't have satelite radio yet, if I am going to pay for it I wanted to be able to have football, baseball and nascar all available to listen to. Couldn't make up my mind which one I wanted so I didn't buy any of them.

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