Monday, February 19, 2007

Mega-Radio

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I thought this might happen:
NEW YORK (CNNMoney.com) -- XM Satellite Radio Holdings Inc. and Sirius Satellite Radio are in final-stage merger talks, but have yet to reach a deal, according to a report published Monday.

Citing a person familiar with the matter, the Wall Street Journal reported that the two satellite radio operators were nearing an agreement to create satellite radio giant.
That’s why I’ve avoided buying a “lifetime” subscription to Sirius. Hopefully, the new merged company would honor such things but you never know. Of course this also dramitcally reduces competition which concerns me.

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