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SMan
I'm still digesting this. Hopefully, I don't have to buy new gear, but I'm sure that'll be the case.

http://xmradio.mediaroom.com/index.php?s=p...s&item=1423
Hooligan
This only makes sense if they want to survive. When HD radio goes full on, it's going to provide even bigger competition for them. They'll always have free speech advantages over radio, but that's not going to be enough in order to compete.
SMan
HD radio did nothing for me. It was still half commericals, the other half was the same crap FM playlists, even if it sounded slightly better.
Hooligan
HD radio could be great if radio would learn people want music. A lot of stations are turning to the "Hank" format. Still the same bands but putting in some not-so-often heard stuff.

But with HD, they could expand in to other genres. Maybe even *gasp* an indie music one!
SMan
They are still (and always) going to be a slave to the ad revenue. I can't ever go back to terrestrial radio. I just wish sat radio would improve the sound quality a little.
coma
Sirius > all
SMan
word. Sirius r0x0rZ!!!!!1111!!

Bloomberg's take is that Sirius is buying XM. So does that mean Howard won the satellite radio war for Sirius? I'll bet when he's back on tomorrow that's his take on things.
Udmas
I just want to see what it does for my Sirius stock.
cfulmor
QUOTE (Udmas @ Feb 19 2007, 06:52 PM) *
I just want to see what it does for my Sirius stock.



Amen, I don't have much, but any boost will be good. It has been depressed for quite some time.
Udmas
I bought 1000 shares at $4 I figured I would just hold them and see what happens.

They ran up to $8 then back down to a little under $4 and stayed there, oh well in ten years it will look like a smart move or I'll be out $4000
SMan
I'm still trying to figure out how the merger is going to survive the FCC ruling a long time ago that they could never merge.
Udmas
I would say this is far from being a done deal.
SMan
As stockholders, what did you guys think when they gave Stern a 1/2 billion contract?
Udmas
I didn't like it, just because a lot of people listen to him doesn't mean they would PAY to listen to him. Sirius isn't a real shareholder friendly company, but they need to spend the bucks to get the content if they want the subscribers.
coma
Well the FCC may let it go through as its not truly a monopolization of the market. When the FCC authorized satellite radio, it specifically found that the public would be served best by two competitive nationwide systems, however, both of those companies are losing money so there's a chance. Plus, satellite radio companies compete with broadcast radio and internet radio as well.

For the FCC to say that this would be a monopoly is like saying that Hasbro is a monopoly because they're the only company that makes GI Joe figures. You can't ignore the rest of the market. However, the DirecTV/Echostar (Dish) merger was blocked because it would create a monopoly in areas where there is no terrestrial signal, and this could probably be applied to satellite radio as well, so who knows.

What will happen to your stock is a good question. XM has more subscribers but Sirius' value is higher, and by the end of 2006, Sirius was gaining more subscribers at a pretty rapid rate, probably due to such strong Christmas promotions. Having Opie & Anthony and Stern on the same service would be pretty huge (personally I don't listen to either).

Here's a blurb from the AP:

QUOTE
C-MI--XM Radio-Sirius-Summary Box/192
Eds: Moving on general news, financial and entertainment services.
Key facts, figures in the XM-Sirius deal
By The Associated Press

XM SATELLITE RADIO HOLDINGS INC.

Headquarters: Washington, D.C.

Year-end subscriber count: 7.63 million

Executives: Chairman Gary Parsons will keep that role in newly combined company; CEO Hugh Panero will depart.


SIRIUS SATELLITE RADIO INC.

Headquarters: New York

Year-end subscriber count: Over 6 million.

Executives: CEO Mel Karmazin will lead the new company.


NEW COMPANY

Headquarters and name of new company are both undecided.

Combined 2006 revenues: About $1.5 billion.

Board of Directors: Will be made up of 12 people _ Parsons, Karmazin, four independent directors to be named by each company, and one director each will be named by General Motors Corp. and Honda Motor Co.

Ownership: Shareholders of Sirius and XM will each own about 50 percent of the new company.

WHAT'S NEXT: The deal must be approved by the Federal Communications Commission, which currently has a provision barring the two companies from merging. However, that rule could be change. Antitrust approval is also necessary.


There is something in the near future that will make all of this a moot point though. As public radio continues its slowly but surely imminent death, and satellite radio is holding steady, wi-fi (which will soon be wi-max) will be available via cell towers and Internet radio will be available via the airwaves via multicasting. At which point, all hell breaks loose and the FCC goes down in flames. biggrin.gif
Hooligan
I'll agree with Coma that HD radio won't work. Currently most radio stations only broadcast at 128 bitrate (line from the station to the tower) and I'm unsure what sat uses. Radio is doomed overall though. Too many limitations and no interest in it's audience.

People refer to the HD part as "Hybrid Digital" Radio.
samy0
Testicle radio is dead! I love Sirius. I never thought I'd have to or want to pay radio but after getting Sirius I could never listen to 4 songs and 14 minutes of commercials again. I can listen to any type of musical genre, talk radio and with the merger The MLB, NBA, NFL, NHL, & NASCAR. To me its $13 a month well spent. I am commuting 2 hours a day and it makes my ride almost bearable
SMan
XM recreates D-Day radio coverage

QUOTE
Next Wednesday, June 6th, XM will air a unique special that re-creates the radio coverage of D-Day, with archival reports from NBC’s original radio news bulletins of the invasion.

This incredible broadcast will air, in real-time, starting at 12:41am ET (which was the time of the first airing) and will end June 7th, at 5:45pm ET on The '40s (ch 4). The special will be based on the original NBC radio news reports of the invasion (currently housed in the National Archives) exactly as it was heard almost 63 years ago.


For the first time, I wish I had XM instead of Sirius. I bet this will be interesting.
SMan
DoJ ruling on the merger within 30 days and it looks promising. Bring on the tiered, a la carte pricing structure!

http://www.siriusbackstage.com/2007/09/06/...within-30-days/
Udmas
Good maybe this will get the stock price moving a little bit.
Metzger
Really does seem the FCC has long outlived its usefulness. I'm sure, being a government organization. That it will be phased out shortly. laugh.gif
SMan
Finally! The Justice Dept. gives the OK for the merger.
Patton
We just need FCC approval now.

Which is expected, since they were waiting to see which way the DOJ would go.
communityhagerstown
QUOTE
QUOTE (samy0 @ Feb 21 2007, 08:26 AM) *

Testicle radio is dead! I love Sirius. I never thought I'd have to or want to pay radio but after getting Sirius I could never listen to 4 songs and 14 minutes of commercials again. I can listen to any type of musical genre, talk radio and with the merger The MLB, NBA, NFL, NHL, & NASCAR. To me its $13 a month well spent. I am commuting 2 hours a day and it makes my ride almost bearable



Spot on, I never would of thought it. But time is marching on. With commutes or family visits I'm in. We got Sirius.
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