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Subscribe to this threadSirius / XM merger approved by Justice Department
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iSpec @ Mar 24th 2008 4:35PM
Just like Exxon-Mobil union of many years ago, we won't really know how bad were taking it in the rear until a few years down the road. Get your KY ready XM/Sirrius subscribers.
Travis @ Mar 24th 2008 4:53PM
yup, that was my thoughts as well. the equipment isn't compatible with each other, so the most they're going to save money is by eliminating programming or bargaining harder with content. the biggest rise in their revenue is going to be by upping the price that we have to pay for service, b/c there isn't going to be any competition. damn...
Chris @ Mar 25th 2008 5:55AM
iSpec, there is no comparison to oil company mergers here. Its laughable to even try.
Why? Because no one wants this business. They had no choice but to merge. What the JD did was find out that no one wants to try and enter this business because its too damn expensive and too few customers. As such they let the merger go through because it was pointless to stop it and possibly detrimental to both if it didn't go through.
Face it, Satellite radio is a great idea but the market isn't there. If there was real money to be made there without incredible risk you can be assured the big media companies would have already jumped on it, let alone buy out one of these companies.
No, its actually good for the consumer because it means there is likely to be satellite radio