Puppy Love: XM and Sirius Merger Could Be Approved Today

While we’d stop short of calling the subscription-based satellite radio business model a total failure, it certainly hasn’t quite revolutionized the way we receive radio in the way its pioneers had hoped. The message from consumers is clear (actually, there are two): 1) we don’t mind commercials, and 2) don’t make us buy expensive hardware (which also puts HD Radio in the toilet).

A long talked-about merger between XM and Sirius may be approved today by the U.S. Department of Justice, green-lighting the two companies to join forces. Though it’s true that a merger between the two companies would leave us with only one satellite radio provider, and it’s anybody’s guess whose current reception hardware will end up obsolete, the loudest sound in the radio industry is overwhelmingly the sound of nobody caring.

Many believe that the DOJ will issue its announcement before the bell on Monday, mostly based on Bear Stearns’ word that the deal will be approved as soon as last Friday or today. Of course, no one knows for sure except for the DOJ itself… but what do you think? Is today the day?

Source: Orbitcast