Wednesday, February 28, 2007
Merger Talk: Washington Post Weighs In
House Gets First Crack At XM-Sirius Proposal
By
Charles Babington, Washington Post Staff Writer, Wednesday, February 28, 2007
Congress and federal regulators need to get with the times.
That's the message that Mel Karmazin, chief executive of
Sirius Satellite Radio, plans to deliver today at the first public hearing on a proposal to merge the nation's two satellite radio companies, Sirius and
XM Satellite Radio Holdings.
;
Karmazin, who will face skeptical members of the House Judiciary Committee's newly formed antitrust task force, says satellite radio is in stiff competition not only with free, over-the-air radio but also with such newer products as MP3 players, Internet radio and music-downloading cellphones. "What I need to do is lay out the realities of the marketplace as we see it," Karmazin said in a telephone interview yesterday...read more:
here2/28/2007 07:06:00 AM
SSG Has Merged. You Can Read All Of The Latest SSG Content By Clicking Here
0 Comments:
SSG is not a Financial Advisor. Read Disclosure: HERE
--------------------------------------------------------
