
Sirius Satellite Radio Inc.'s proposed $4.59 billion acquisition of XM Satellite Radio Holdings Inc. won U.S. antitrust clearance to create a single U.S. satellite-radio provider. Shares of both companies surged.
i think it' a great idea. more people are going to switch to satellite now, because they couldn't decide whitch company to go with. furthermore, if clearchannel(and greedy record labels that churn out bands like pancakes) hadn't ruined braodcast radio we wouldn't need satellite.
i don't know about other parts of the country, but i grew up in new orleans and we had a bad ass radio station called 106.7 the end(kknd). that was until around '96-'97 when clearchannel bought them and things slowly started changing into the crap that's on the airwaves today.
Wow! Now I'll be able to decide between O&A or Howard Stern... I think I'll still pick O&A, though. Stern is just not as funny as they are.
I like the idea myself. Some keep arguing about competition, but I have to agree with the point of alternatives to radio such as the IPOD--having more than one satellite radio company just really doesn't seem necessary.
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