2007-02-20 12:41:54 · 12 answers · asked by Veruca Salt 6 in Entertainment & Music ➔ Other - Entertainment
Yes, it is true. I am a subscriber to Sirius, and there is the letter I received in my email this morning:
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
2007-02-20 13:04:13 · answer #1 · answered by sloppyjo 7 · 1⤊ 0⤋
i do no longer see an benefit with SIRIUS. To me XM gained the warfare. Sirius paid way too a lot for wonder Jock. and because the merger talks died down both stocks have taken seriuous hits (xm a recommendations worse from $16.sixty 9 all the way down to 13 and modify) at the same time as Sirius went from $4 to mid 3. i'd pick to make sure the merger go by notwithstanding the feds produce different concepts. I had buys placed on XM yet became without delay stopped out both circumstances and at present no longer even searching at both one at present. For giggles i'd say purchase Sirius if it is going below 3 and XM if it is going below 12.
2016-12-04 10:50:22 · answer #2 · answered by endicott 4 · 0⤊ 0⤋
Yup. XM wants to merge with Sirius
2007-02-20 12:44:05 · answer #3 · answered by larry7crys 2 · 0⤊ 0⤋
There's talk but getting it through the Federal Trade Commission may take a while.
2007-02-20 12:44:17 · answer #4 · answered by Brainiac 4 · 0⤊ 0⤋
Yes.
2007-02-20 12:44:30 · answer #5 · answered by od3astard 2 · 0⤊ 0⤋
Yes depending on aproval. I dont think they should get it monopolies like that just arent good.
2007-02-20 12:49:36 · answer #6 · answered by babygirl68132 3 · 0⤊ 0⤋
Hi. Yes. Don't know it that's good or not because there will be no competition.
2007-02-20 12:44:18 · answer #7 · answered by Cirric 7 · 0⤊ 0⤋
yes, the deal should be done by the end of this year.
2007-02-20 12:44:57 · answer #8 · answered by Matilde C 1 · 0⤊ 0⤋
Yup.
2007-02-20 12:44:05 · answer #9 · answered by Kayden 5 · 0⤊ 0⤋
yes, pending fcc approval
2007-02-20 12:44:21 · answer #10 · answered by work_thenplay 3 · 0⤊ 0⤋