Satellite Radio
Satellite Radio Wants FCC to Save Them From Themselves
The two giants who provide satellite radio services, XM and Sirius, would like to merge in order to provide greater programming choices to consumers as a single entity, according to XM Chairman Gary Parsons in the Wall Street Journal. The Journal points out that the two money-losing enterprises will have to get by the hurdle of the FCC, which has a specific rule against the satellite radio companies merging. I thought the time was right for satellite radio to see a psychiatrist. The following is a partial transcript of its recent visit.
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