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Originally Posted by cnynctry
Lets keep is straight. One has not bought out the other. They announced a merger and it must be approved first. The plan is to offer the best of both. not enought bandwidth on the satilite to have 300 channels.
Besides getting shareholder approval, XM and Sirius will also have to get the endorsement of regulators, including the FCC.
The National Association of Broadcasters, a trade group that represents local radio and TV stations, urged policymakers Monday to reject the deal, calling it an "anti-consumer proposal."
"Given the government's history of opposing monopolies in all forms, NAB would be shocked if federal regulators permitted a merger of XM and Sirius," the trade group said in a statement. "It bears mentioning that regulators summarily rejected a similar monopoly merger of the nation's only two satellite television companies - DirecTV and DISH Network - just a few years back."
If ya want the half price deal tell them you want to cancel unless thay have a beeter offer and see what happens.
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Good post....could not have said it better myself. Although they announced the merger, they still have to get FCC approval...which is a LONG SHOT!!
If you recall, DirecTV and Dish Network tried to merge a few years ago and the FCC rejected it...even after both companies tried to appeal it several times....let's not get the cart ahead of the horse here. It will be at least 8-12 months before the merger is finalized....IF IT GETS APPROVED...which is highly unlikely given past precedence.