View Full Version : Sirius and XM Merge

02-20-2007, 12:49 AM
I just got the following email from Sirius:

February 19, 2007

To: SIRIUS Subscribers

Today is a very exciting day for SIRIUS customers. As you may have heard, SIRIUS Satellite Radio and XM Satellite Radio are merging to form the nation's premier audio entertainment provider.

This combination of our two offerings will benefit you - our loyal listeners. As a single company, we'll provide superior programming to you every day with the best of both SIRIUS and XM. Currently, XM and SIRIUS broadcast a wide range of commercial-free music channels, exclusive sports coverage, news, talk, and entertainment programming. Howard Stern. Oprah and Friends. The NFL. MLB. NBA. ESPN. CNBC. Fox News. Additionally, the combined company will be able to improve existing services such as real-time traffic information and rear-seat video as well as introduce new ones.

After shareholder and regulatory approvals, we anticipate that the combination will be finalized by the end of 2007. Until then, both companies will continue to operate independently. We will continue to provide you with the uninterrupted service - as well as the outstanding customer support - that you have come to expect and enjoy from SIRIUS. We do not anticipate any changes in your service during the merger process, however, please call our customer care team on 1- 888-539-7474 should you have any questions.

We look forward to the many benefits this combination will offer and continuing to make your listening experience an enjoyable one - offering more of the Very Best Radio on Radio.

Stay tuned,

Mel Karmazin, CEO

Just friggin GREAT. :rolleyes:

I see a rate and fee hike in the future. So much for the benefits of competition. I am also a shareholder of Sirius, I wonder how this is going to affect my financial investment in the company?

02-20-2007, 01:11 AM
I just hope they don't play the same songs over, and over, and over again like XM does.

02-20-2007, 06:59 AM
Sirius is great i have had it for 5 years. I have one in both cars since most of my driving is not local i love that no matter where you go the stations are the same....

02-23-2007, 01:30 AM
I've read in the paper that the FCC commisioner already nipped this one in the bud. I wonder what the name would've been. Xerius?

02-23-2007, 01:35 AM
Another big M&A news were Wild Oats and WHolefoods.

M&A= not good for consumers :mad:

Medula Oblongata
02-23-2007, 02:10 AM
Whole foods and Wild oats??? I shop at both too much.. I shudder to think of the prices with no competetion... :(