Saturday, March 17, 2007

Insider Bob Gerson: FCC Will OK Sirius-XM Merger

Insider's View: The FCC will OK the Sirius-XM Merger
via www.orbitcast.com

TWICE writer Bob Gerson feels there's a better than 50/50 chance that the FCC will approve the XM-Sirius merger. At least that's the indication he got from the mouth of the horse, in the form of FCC chairman Kevin Martin.
During Martin's appearance with Gary Shapiro (President/CEO of the CEA) at CES, Martin was asked how he would view an XM-Sirius merger. He said the FCC's investigation would likely follow the same script they took when reviewing, and ultimately turning down, the proposed merger of DirecTV and Dish Network.
And as we all know, the DirecTV/Dish merger was turned down because a lack of competition, especially in rural areas. But Martin added that with phone and utility companies challenging cable as TV content carriers - the FCC might now take a different view. (I've always felt that the problem with the DirecTV/Dish merger is that it came 5 years too early.)...read more: here

3/17/2007 07:56:00 PM

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