The Wall Street Journal: Read The Comments On Their "Radio Waves" Article

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Radio Waves: Sirius Responds to the NAB
Posted by Dana Cimilluca, Apr 3, The Wall Street Journal

Maybe we should just rope off 20 square feet of space and let these radio guys settle their differences the old-fashioned way.
Earlier today Deal Journal posted on the latest round in the furious lobbying going on over the planned Sirius-XM Satellite merger, an “independent” research firm’s report making the case that regulators ought to nix the deal.
The Carmel Group didn’t mince words, as the following quote — contained in a New York Post article today on the report — shows: “Sirius and XM are merely showing the level of their impatience - and greed - by offering this merger proposal today.”
Well the satellite side just beamed its response to us. Here’s the unadulterated statement from Sirius:
“The [National Association of Broadcasters] and its members say one thing when they try to block the SIRIUS-XM merger but something entirely different when [NAB Chief Executive] David Rehr speaks to the National Press Club, Clear Channel speaks to its investors, or the HD radio alliance boasts about its advantages on its website. Broadcasters will do and say anything to block the merger because it will increase competition to terrestrial radio and all one needs to do to see the proof of that is to look at what broadcasters said about competition before the merger was announced.”
It won’t be long, we’re sure, before the bell ushers in the next round.
Maybe we should just rope off 20 square feet of space and let these radio guys settle their differences the old-fashioned way.
Earlier today Deal Journal posted on the latest round in the furious lobbying going on over the planned Sirius-XM Satellite merger, an “independent” research firm’s report making the case that regulators ought to nix […]
Read more: The Deal, The Dish
Comments
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Wow. Thats exactly right. Props to the sat. radio people.
Comment by TheLoveOfMusic - April 3, 2007 at 3:46 pm
It’s all politics just like everything else in government. The right people are just waiting to get their palms laidened with cash then everything will all of a sudden be passed…….
Comment by Les Zelnis - April 3, 2007 at 4:35 pm
NAB is just scared of the potential. This isn’t a monopoly by any stretch of the imagination, just a merger of a certain type of delivery device for radio. Strip away the polotics and nervous people at Clear Channel and even a 5th grader to figure this one out.
Comment by Wilson - April 3, 2007 at 4:55 pm
Only in America, can the competition pay lobbyist and politicians to prevent competition. Then we have other branches like the S.E.C that hold a blind eye on Stock manipulation in the form of naked shorting/ failure to pay. This happens daily in the millions, crushing companies and the investors.On a final note; Are the NAB people afraid their Satellite subscription will go up? Don’t tell me Fm owners are subscribing! Some one should ask those guys if they use Satellite, versus supporting their own FM station. I bet they say they don’t Subscribe. Than I would ask why are they so concerned? Corrupt? Surely hypocritical, and other things to say the least.
Comment by Concerned American - April 3, 2007 at 4:59 pm
Sirius is getting ready to roll out TV to Chrysler next year it won’t be long before Internet also becomes an option for the automobile. Internet Radio will then be readily available… Competition will never go away!
Comment by Buddy A - April 3, 2007 at 5:01 pm
If the govt really wants what is best for the consumer, they will allow the 2 companies to merge. The merger will be more beneficial for consumers, offering more choices and eliminating indeciveness when trying to decide which company to choose from. Also, it will give stockholders something to believe in again since there is nothing now to get too excited about.
Comment by Congo - April 3, 2007 at 5:22 pm
The terrestial broadcasters, list Satellite Radio as competition in their 8K reports; yet they say otherwise to the fcc.The merger will offer the best of both services on one platform or both services at a reduced cost of as much as $10 for both services.The consumer wins on the content, reduced cost and promised stable prices for a period of time. Lower prices than currently charged with packaged programing for those who wish not to have the whole service. The price ceiling will continue to be $12.95 for either service with the best of both on one unit...read more: here

4/04/2007 08:06:00 AM

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1 Comments:

• Don't forget that Clear Channel owns stock in XM and controls several channels of music with commercials on XM. That should make the NAB happy.

  By  Anonymous, at April 04, 2007 8:26 AM  

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