Bloomberg: Merger of Sirius, XM likely?
New York - Nov 28, 2006 - Denver-based analyst Kit Spring of Stifel Nicolaus believes that a merger between Sirius Satellite Radio and XM Satellite Radio is likely to occur within the next 18 months. He put the chances of a bid by one side or the other at 75 percent.
Sirius CEO Mel Karmazin and XM Chairman Gary Parsons suggested the possibility of a merger, but both have also said that they think that regulators would block the action.
Radio magazine has pondered the viability of an audience supporting two satellite services, and it's not surprising that a merger could be considered. The two services each occupy 12.5MHz of adjacent spectrum, which would provide a substantial chunk of spectrum to a single entity.
Acceptable Use Policy blog comments powered by Disqus
[an error occurred while processing this directive]
Today in Radio History
The history of radio broadcasting extends beyond the work of a few famous inventors.
EAS Information More on EAS
The feed provides feeds for all US states and territories.
Need a calendar for your computer desktop? Use one of ours.
Information from manufacturers and associations about industry news, products, technology and business announcements.
After 57 years in the same building, CKUA was ready for a move. But it hasn't forgotten its history.
Browse Back Issues[an error occurred while processing this directive]
Also in the June Issue
- The Radio magazine Pick Hits of the 2013 NAB Show
- The Settlement/Amendment Process for FM Translators
- Side by Side: Headphones
- Field Report: iZotope Insight
- Field Report: Rode iXY
- Better Coaxial Cable Runs
- 20 Years of Radio magazine: July 1994