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ABC News: Sirius-XM Merger Gets FCC Chief's Backing
Summary from United States, from articles in English
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The FCC is reviewing whether the transfer of satellite radio licenses is in the " public interest which analysts said includes issues such as pricing for subscribers. (article 4)
Last month, the Justice Department's antitrust division approved the deal after a drawn-out investigation concluded that the merger of the only satellite radio companies in the business would not result in an unfair competitive advantage. (article 4)
The Justice Department said that satellite radio competed with a larger entertainment market that includes digital music players, traditional radio and Internet radio. (article 4)
The long-running government review of the proposed merger of the nation's two satellite radio companies took an important step forward on Monday when the head of the Federal Communications Commission announced he would circulate a plan this week to approve the deal. (article 1)
Martin's recommendation sets the stage for a final vote on the closely watched merger, which could occur any time after his recommendation is circulated among his fellow commissioners. (article 6)
Those conditions include a pledge to make 24 radio channels available for noncommercial and minority programming, according to FCC sources. (article 8)
In addition, the companies would agree to cap prices, provide interoperable radios and offer programming on an "a la carte" basis. (article 8)
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Event tracking:
Story keywords
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FCC, XM, Sirius, merger, satellite |
Source articles
- F.C.C. Chief Backs Satellite Radio Merger (nytimes.com, 06/17/2008, 352 words)
- ABC News: Sirius-XM Merger Gets FCC Chief's Backing (ABCNews, 06/16/2008, 338 words)
- FCC chief favors satellite-radio deal - (baltimoresun.com, 06/18/2008, 466 words)
- Sirius and XM Delay Meetings To Wait for Merger Ruling (Washington Post, 06/17/2008, 419 words)
- FOXNEWS.COM HOME > SCITECH (FOX News, 06/16/2008, 12 words)
- FCC chief recommends OK of satellite radio deal (Washington Post, 06/17/2008, 328 words)
- Make satellite radio keep competing (boston.com, 06/18/2008, 598 words)
- Sirius, XM shares rise as deal nears completion (Washington Post, 06/16/2008, 312 words)
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blaster@cs.columbia.edu
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