Friday, March 09, 2007

NY Times Letters To The Editor: Mel Responds To Feb 24 Editorial

March 9, 2007, The New York Times, Letters To The Editor

Sirius-XM Merger

To the Editor:

Re “Tuning In to One Company” (editorial, Feb. 24):

You underestimate the competitive intensity of audio entertainment today as well as the significant consumer benefits of the proposed merger between Sirius and XM.
As we begin the regulatory review process, we are confident that policy makers will recognize that consumers stand to benefit the most.
The expanded channel capacity of our merged company will give consumers access to a greater range of programming. XM and Sirius broadcast a wide range of commercial-free music channels, exclusive and non-exclusive sports coverage, news, talk and entertainment programming. Our combined company expects to be able to expand diverse programs for underserved interests.
By combining our research and development, we will be able to design and introduce radios and transmission infrastructure that will give satellite radio subscribers the best experience in audio entertainment.
We will be able to speed the introduction of radios offering content from both of our services, something that has been challenging as separate companies.
This merger will make audio entertainment better for consumers in myriad ways: more choice, more innovation, better pricing and a stronger competitor in the audio entertainment landscape.
Mel Karmazin
Chief Exec., Sirius Satellite Radio
New York, March 1, 2007 (Link: HERE)

3/09/2007 05:52:00 AM

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