07-23-2008, 11:54 AM
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Confirmed User
Industry Role:
Join Date: May 2004
Posts: 6,658
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Quote:
To secure FCC approval of their merger, Sirius (SIRI, Trade ) and XM (XMSR, Trade ) have agreed to a three-year price freeze for consumers, the creation of smaller packages at lower prices, a la carte radio programming, to let any manufacturer make satellite-radio equipment and set aside up to 8% of their channels for minority-owned stations and noncommercial use.
Under one offer the companies announced last July, subscribers would be able to choose 50 channels for $6.99 -- a 46 % decrease from the current standard subscription rate of $12.95. Customers could then add more channels for a minimum of 25 cents each.
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Not too bad  |
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