http://online.wsj.com/article/SB121683130281477651.html?mod=hpp_us_whats_news


Update:

http://online.wsj.com/article/SB121683130281477651.html?mod=hpp_us_whats_news

Good news. Long time no see. :hw:

This shit is unreal. The FCC is going to approve the merger then fine Sirius $20 million. Now the damn NAB is going to challenge the ruling???? Are you shitting me?

FCC Commissioner Deborah Taylor Tate's presumed vote in favor of the Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc. merger may not bring an end to the 17-month merger debacle.

According to a former trial lawyer for the FCC, the National Association of Broadcasters (NAB) can still file an appeal in an attempt to delay the process even further.

"The merger may be approved, but it's not over until it's over," Jerome Boros, a partner with Bryan Cave LLP who formerly served as a trial lawyer for the FCC, told MarketWatch. "Among several things that could still happen; the NAB could file an appeal with the D.C. Court of Appeals."

The U.S. Court of Appeals for the D.C. Circuit has the power to block the FCC's decision - that is, if it sees grounds to do so, according to Boros.

But blocking the deal may not be the strategy, delaying it might be enough.

"The idea behind an appeal is that it would buy time," he said. "If the Democrats win the presidency in November, you'd have to figure Martin would be out and you could have a Democratic majority on the FCC."


http://www.orbitcast.com/archives/nab-could-still-appeal-sirius-xm-merger-decision.html

jesus christ, they really don't want this merger to go through without a major ball busting!

fines?! wtf.

Good news. Long time no see. :hw:

Thanks Chob!

I hope this crap is over soon so we get on enjoying the show without having to stress over this B.S.

Almost ok, except for the b/s that is attached. I wish this country (the People) would realize how much our government is sucking in so many areas. Don't get me wrong, I love my country but, we as a people, have allowed ourselves to be bullied by the high dollar making s.o.b.s that have been elected. TIME FOR A CHANGE I SAY!!

This is just stall tactics to get them both to go under.

Can't wait

Update:

http://online.wsj.com/article/SB121683130281477651.html?mod=hpp_us_whats_news

this can't happen soon enough....I am tired of listening to both Bubba and Howard drone on about it and more importantly I own some sirius stock and right now I am losing my ass on it.

Dear NAB,

The reason why FM radio is losing listeners is due to increased quality with the competition. As far as I know, you didn't challenge tape players in cars, nor did you challenge CD players in cars.

Yet, you choose to spend millions of dollars to challenge a merger of two options of in-car audio entertainment. 100% of satellite subscribers voluntarily choose to subscribe to either SIRIUS Satellite Radio, XM Satellite Radio, or both options. These companies choose to set their subscription prices as they see fit. If the two companies merge together, you are completely right. They will have a monopoly in the satellite radio market, and they could conceivably set their prices as high as they see fit.

However, they are not a true monopoly and they will not set their prices as they see fit. Why is this, you ask? The answer is two-fold. The first part of the answer lies within the fact that people can have iPods and other MP3 players in their cars, which you seem not to challenge. They also will not raise their prices up to $35 a month or even $50 a month, because they compete with free radio and other options, such as CDs. If someone has the option of paying $50 a month for satellite radio, or having an MP3 player in their car, which one do you think they'll choose.

In short, competition from free alternatives, such as HD radio and MP3 players help to keep satellite radio prices low.

Then again, why are you so concerned about what satellite radio does? Shouldn't you be focused on improving your product?

Dear NAB,

The reason why FM radio is losing listeners is due to increased quality with the competition. As far as I know, you didn't challenge tape players in cars, nor did you challenge CD players in cars.

Yet, you choose to spend millions of dollars to challenge a merger of two options of in-car audio entertainment. 100% of satellite subscribers voluntarily choose to subscribe to either SIRIUS Satellite Radio, XM Satellite Radio, or both options. These companies choose to set their subscription prices as they see fit. If the two companies merge together, you are completely right. They will have a monopoly in the satellite radio market, and they could conceivably set their prices as high as they see fit.

However, they are not a true monopoly and they will not set their prices as they see fit. Why is this, you ask? The answer is two-fold. The first part of the answer lies within the fact that people can have iPods and other MP3 players in their cars, which you seem not to challenge. They also will not raise their prices up to $35 a month or even $50 a month, because they compete with free radio and other options, such as CDs. If someone has the option of paying $50 a month for satellite radio, or having an MP3 player in their car, which one do you think they'll choose.

In short, competition from free alternatives, such as HD radio and MP3 players help to keep satellite radio prices low.

Then again, why are you so concerned about what satellite radio does? Shouldn't you be focused on improving your product?


Well said :rock: