Carmel Group Does Not Look Very Hard
April 3, 2007
The Carmel Group has issued a study sponsored by the NAB. In that report they state the following:
The report's author, Carmel Group Chairman Jimmy Schaeffler, focuses much of the analysis on debunking the most generally acceptable argument put forth by Sirius and XM in favor of a merger - that the competitive marketplace includes terrestrial radio, MP3s, Internet radio and music-enabled cellphones.
Schaeffler notes that while those services may become competitors to Sirius-XM in the future, not one of them is "substitutable" for satellite radio today.
"[We are] hard-pressed to find any instance where Sirius and/or XM acted in a competitive manner against [these] so-called digital competitors," claims the report.
Perhaps they forgot this one..........and that's just one such ad. Stay tuned for more on this new NAB sponsored report
Labels: carmel group, merger, nab, sirius, xm
4/03/2007 08:29:00 AM
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