Sirius, XM Merger Gets FCC Approval
Multiple readers, including koavf, have written to tell us the FCC has finally approved the Sirius-XM merger that has been in the works for quite a while now. CNN has picked up AP coverage as well. We discussed approval of the merger by the Justice Department a few months ago. From CNN:
"The Federal Communications Commission voted 3-2 to approve the buyout, with the tiebreaker coming Friday night from Republican commissioner Deborah Taylor Tate. Tate had insisted that the companies settle charges that they violated FCC rules before she would approve the deal. The companies agreed this week to pay $19.7 million to the U.S. Treasury for violations related to radio receivers and ground-based signal repeaters. FCC Chairman Kevin Martin confirmed the final vote Friday night. 'I think it's going to be, in the end, a good thing for consumers and be in the public interest,' he told The Associated Press."
Of course, the merger comes with strict conditions to keep things in the public interest.
Conditions like the conditions XM and Sirius were originally given when they were granted space on the spectrum. Conditions such as "these two companies may never, ever be allowed to merge".
NO CARRIER
How could a single, monopolistic provider of a service, nationwide, be "a good thing for consumers and be in the public interest" ????
Has Orwellian doublespeak progressed so far??
When I think of satellite radio, I think of this:
*Major genres unrepresented.
*Station playlists that would become predictable within a week.
*Sub-genres within all genres utterly unrepresented in general (for example, one Metal station on all of Sirius, and it only plays death metal).
*A whole slew of stations essentially devoted to playing the exact same stuff that you hear on standard Top 40 radio.
*Commercials, despite being advertised as commercial-free.
*Annoying DJs (the receivers display the name/artist playing, you do NOT need DJs trying to be funny between every song).
*Oh, and a monthly fee on top of that.
Frankly, satellite radio was created 10 years too late. Why should I put up with satellite radio when I can use my mp3 player?
Yeah, there are very few people who care THAT much that they'd drop their subscription because they didn't want to be able to NOT listen to Howard Stern.
It's poetry with a beat behind it! And guns! They're like beatniks with automatic weapons.
Ultimately this will benefit the consumer. I've subscribed to both companies and my preference is for talk radio/sports. The competition for paid subscribers forced the 2 companies to continually one-up each other for exclusive content and caused problems for me when one company would win the contract from another at renewal time (nascar, baseball, etc.) At one point I had to give up programming I enjoyed listening too or pay for a second receiver with a second subscription in order to keep it.
In the last few years, I've noticed the quality of the programming has deteriorated considerably as well. Once the companies are merged, all the duplicate costs for talent, administration, customer service, etc. should be eliminated and hopefully benefit the customers with a much improved service. My understanding is that nobody will even need to buy new hardware as the channels will be combined on your existing radio.
This is not a monopoly in the sense that we cannot get similar service from another provider. If you find satellite too expensive, or don't like what they have too offer, then get rid of it and listen to terrestrial radio, or your ipod, mp3 player, etc.
What I would be more concerned about than anything else to do with this merger is the question why did this take so long to pass? Oil companies have merged in a fraction of the time with minimal resistance compared to this one!
If they're willing to pay twenty million dollars to whoever criticizes the combined company, expect lots of trivial criticisms followed by sudden silence. Frankly, there are very few radio stations worth a damn any more, because of excessive mergers and over-generous media ownership rules. Radio Caroline is still ok, but they've alway been wiling to be different.
It's a small world and it smells funny; I'd buy another if it wasn't for the money; Take back what I paid (SoM)
Tate had insisted that the companies settle charges that they violated FCC rules before she would approve the deal. The companies agreed this week to pay $19.7 million to the U.S. Treasury for violations related to radio receivers and ground-based signal repeaters.
Oh well that's different! They agreed to pay their fines! We should give them a reward for being such good little boys.
And when I go downtown to pay my speeding ticket I expect nothing less than a thank-you card and a candybar.
What's WRONG with these people?
I work for the Department of Redundancy Department.