Showing posts with label merger. Show all posts
Showing posts with label merger. Show all posts

Saturday, March 31, 2007

FCC might be holding up Sirius / XM Merger ???


According to the FCC, apparently it's now BAD for the consumer when media outlets consolidate ... which is funny? I seem to remember back during the Michael Powell days that media consolidation was some how GOOD for the consumer ... weird...

Anywho, apparently NOW, it's bad so it's causing friction for the Sirius/XM merger. The argument was that this merger wouldn't affect customers since there was a proliferation of competition from services like HD Radio, and products like iPods ... neither of which have ANYTHING to do with satellite radio ...

"A recent FCC analysis of satellite competition determined that the relevant market for satellite radio consists solely of Sirius and XM...[and that]...other audio services such as terrestrial radio (including HD Radio), iPods, and Internet radio are not competitive substitutes."


READ THE REST HERE


I totally agree with the FCC for once. Saying iPods provide adequate competition is (to me) kinda like saying DVD's are direct competition for Digital Cable.
someaudioguy some audio guy voice over data communication fcc internet technology radio voice acting