Tuesday, February 20, 2007

 

Hey guys! Did you hear? Sirius and XM are merging!


DSC03275.jpg
Originally uploaded by Curt Stone.

I'm having trouble with Blogger so I thought I'd use Flickr to create my post. (and highlight two great guys from Lotusphere)
Got the news today in my email that Sirius and XM are merging. Great! I hope this does expand programming. Getting MLB is a plus in itself. I'm always surfing for new content and this will be great. I won't have to worry about my new car purchase having one or the other.
Here's the email from Mel :
February 19, 2007

To: SIRIUS Subscribers

Today is a very exciting day for SIRIUS customers. As you may have heard, SIRIUS Satellite Radio and XM Satellite Radio are merging to form the nation's premier audio entertainment provider.

This combination of our two offerings will benefit you - our loyal listeners. As a single company, we'll provide superior programming to you every day with the best of both SIRIUS and XM. Currently, XM and SIRIUS broadcast a wide range of commercial-free music channels, exclusive sports coverage, news, talk, and entertainment programming. Howard Stern. Oprah and Friends. The NFL. MLB. NBA. ESPN. CNBC. Fox News. Additionally, the combined company will be able to improve existing services such as real-time traffic information and rear-seat video as well as introduce new ones.

After shareholder and regulatory approvals, we anticipate that the combination will be finalized by the end of 2007. Until then, both companies will continue to operate independently. We will continue to provide you with the uninterrupted service - as well as the outstanding customer support - that you have come to expect and enjoy from SIRIUS. We do not anticipate any changes in your service during the merger process, however, please call our customer care team on 1- 888-539-7474 should you have any questions.

We look forward to the many benefits this combination will offer and continuing to make your listening experience an enjoyable one - offering more of the Very Best Radio on Radio.

Stay tuned,

Mel Karmazin, CEO


Comments:
I'm a long time XM subscriber and admit that I am also a Howard Stern fan and was disappointed that he went to Sirius and not XM. So, this should make me happy, right? Not really. I worry most about price increases having just added a second subscription. I think that the increase in programming variety as of late has been a direct result of competition. I also wonder how they will support two parallel sets of receivers indefinitely. They are going to have to do something to get profitable and it seems like it will need to negatively impact one or more of these areas. Oh, BTW, I've also been having a bad week so maybe I'm just being a bit too pessimistic.
 
@John,
All legitimate concerns. I was looking forward to hear what Howard has to say about the merger but he was on vacation this week. They still compete against "free" radio so maybe that will be enough. My two year subscription comes due around Father's Day. I may go month to month. My equipment has been less than stellar. My boom box is dead unless I use batteries. My car antenna is busted. I did a work around with my home antenna but it is just placed in my back window. Surprisingly, my reception is fine. I'd like to get a Sirius head unit for the car. Suppose I should wait.
 
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