XM And Sirius Plan To Merge

Rumors of a merger between XM and Sirius have been around for pretty much as long as the two companies have been operating — and now, they’re finally true. The two companies plan to merge and meld together their content offerings and technical platforms to create a single satellite-radio provider.

A few months ago it was made known that FCC Chairman Kevin Martin would not likely approve such a deal, since it would result in some kind of monopoly. It’s unknown what will happen to the approval now, so we will all have to sit back. Merging both companies would likely benefit customers in most ways, unless we see higher prices…

Source: Tech Dirt