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Old 07-23-2008, 10:56 AM   #1
TMM_John
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Finally! FCC about to approve Sirius/XM Merger

Its about time!
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Old 07-23-2008, 11:35 AM   #2
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What did you hear? Last I knew, there were some ridiculous stipulations they had to meet, like the minority BS. http://www.lvrj.com/opinion/25610424.html

I'm turning on Howard now to hear the latest.
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Old 07-23-2008, 11:37 AM   #3
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Originally Posted by 1off View Post
What did you hear? Last I knew, there were some ridiculous stipulations they had to meet, like the minority BS. http://www.lvrj.com/opinion/25610424.html

I'm turning on Howard now to hear the latest.
5 member board. 3 republicans, 2 democrats. Partisan bickering of course like anything else. The vote right now is 2-2 with one repub left. She is expected to vote for it soon. And yes, the recent dem vote against was because he wanted 25% of channels allocated for minority run and public service programming. That is a ridiculous percentage to want. The companies had agreed on 8% which IMO is more than fine to "require" to be one of those two uses.

See, republicans are good for something!
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Old 07-23-2008, 11:43 AM   #4
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good stuff!!!!
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Old 07-23-2008, 11:45 AM   #5
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I have been enjoying my XM service for the last like 3 years. Love it.
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Old 07-23-2008, 11:49 AM   #6
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I have been enjoying my XM service for the last like 3 years. Love it.
You'll enjoy Sirius much more. And I can't stand Howard Stern, so no, thats not why
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Old 07-23-2008, 11:51 AM   #7
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The big radio companies really went hard to buy off Congreemen and assure this never gets done right.
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Old 07-23-2008, 11:53 AM   #8
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You'll enjoy Sirius much more. And I can't stand Howard Stern, so no, thats not why
H O W D A R E Y O U

Sirius is definitely the superior product, with or without Howie... but I guess that debate will be moot sooner than later.
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Old 07-23-2008, 11:53 AM   #9
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Hope it raises the stock price so I can sell.
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Old 07-23-2008, 11:54 AM   #10
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sold my Sirius stock long ago.. love satellite radio but fuck the FCC
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Old 07-23-2008, 11:54 AM   #11
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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.
Not too bad
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Old 07-23-2008, 11:55 AM   #12
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Depends on the channels and the talent - on some Sirius is better, on some, XM wins. (We have XM in my wife's car and I have Sirius in my car so I get to hear both.) If they wanted to hire me to consult, I could tell them exactly what and who to keep, and who would be the casualties in the merger
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Old 07-23-2008, 11:58 AM   #13
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a la carte will be nice.. but this part is what jumped out at me..

Quote:
to let any manufacturer make satellite-radio equipment
That has always been the downside. Their radios are pretty crappy. I have a bricked S50 and even the stilleto had a lot of faults. It will be nice to see some decent products come out.
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Old 07-23-2008, 12:00 PM   #14
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SIRI up 4% today
XMSR up 8% today
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Old 07-23-2008, 12:01 PM   #15
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The vote of the five-member regulatory body now stands at 2-2
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Old 07-23-2008, 12:43 PM   #16
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SIRI up 4% today
XMSR up 8% today
Starting to move fast. SIRI up 13% now, XMSR 10%.
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