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View Full Version : Sirius, XM Merge


Chuck
02-20-2007, 10:29 AM
Sirius (http://en.wikipedia.org/wiki/Sirius_Satellite_Radio) and XM Radio (http://en.wikipedia.org/wiki/Xm_radio) have yet to make a profit. They hope merging will change things (http://en.wikipedia.org/wiki/XM_Sirius_Merger). They call it "a merger of equals". Remember when they said this about the Daimler/Chrysler merger? :eek:

While the two are the North American satellite radio market, they will try to answer anti-trust concerns by statiing they have never made a profit, they compete with commercial radio, iPods, and HD radio (http://en.wikipedia.org/wiki/Hd_radio).

CNNMoney Story (http://money.cnn.com/2007/02/20/news/companies/xmsirius_reaction/index.htm?cnn=yes)



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