I am a Sirius subscriber and want to know what could happen with this merger?
2007-02-19 08:04:48 · 4 answers · asked by violamom74 5 in Consumer Electronics ➔ Other - Electronics
it will be much better for us, more channels, more products and cheaper and more profits to the company thus stock increase. more areas of usage
2007-02-19 09:01:37 · answer #1 · answered by RobR 1 · 0⤊ 0⤋
Howard and Ophra will have a lovechild.
But seriously... The latest from the wires...
NEW YORK (CNNMoney.com) -- Rivals XM Satellite Radio Holdings Inc. and Sirius Satellite Radio announced Monday they would enter into a merger of equals, creating a satellite radio giant.
As part of the deal, XM Chairman Gary Parsons would remain chairman of the combined firm, while Sirius' Mel Karmazin would assume the role of CEO.
Mel Karmazin, CEO of SIRIUS Satellite Radio
The deal would also provide listeners a substantially wider variety of programming. Sirius is currently home to shock jock Howard Stern, while XM boasts a number of programs hosted by such high-profile entertainers as Bob Dylan.
Speculation has run rampant on Wall Street about a possible tie-up between XM (Charts) and Sirius (Charts) since the beginning of the year.
2007-02-19 16:08:37 · answer #2 · answered by Jack Tax 3 · 0⤊ 0⤋
More content, new radios to receive both signals, maybe higher subscription prices to cover the big contracts for Howard, Oprah, and the sports packages...
2007-02-20 11:36:25 · answer #3 · answered by CMass Stan 6 · 0⤊ 0⤋
http://xmradio.mediaroom.com/index.php?s=press_releases&item=1423
2007-02-19 16:15:12 · answer #4 · answered by Jay 7 · 0⤊ 0⤋