CEA Pushes FCC on XM-Sirius Decision
Consumer Electronics Association Wants Federal Communications Commission’s Ruling on Satellite-Radio Merger
By John Eggerton -- Broadcasting & Cable, 4/10/2008 8:35:00 AM EDT
Equipment manufacturers are asking the Federal Communications Commission to get a move on and decide whether or not to approve the XM Satellite Radio-Sirius Satellite Radio merger.
In a letter to FCC chairman Kevin Martin, Consumer Electronics Association president Gary Shapiro pointed out that the Justice Department already gave the deal a clean bill of health, and that it was time for the FCC to weigh in to provide consumers with the "confidence and clarity" on what satellite-radio systems to buy.
If the FCC approves the deal, XM and Sirius are planning to offer a la carte service with channels from both services, which would require consumers to buy new equipment.
The Shapiro letter came after Martin told a House Appropriations Committee he had no timetable for the decision, although he had said on more than one occasion that he was aiming for the end of March.
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from Forbes Magazine"The next President must overhaul the FCC, lest it--with the...
joe davola - 5/5/2008 7:11:00 PM EDT -
Your information regarding new equipment being necessary if a merger takes place may be...
Tony R - 5/2/2008 5:04:00 PM EDT -
The FCC should be investigated regarding the SIRI/XM merger. The FCC is taking a suspiciously...
Richard E Horne - 4/11/2008 5:05:00 PM EDT -
"XM and Sirius are planning to offer a la carte service with channels from both services,...
Rob - 4/10/2008 3:14:00 PM EDT -
Uninformed Attitudes like this is what makes it possible for this stock to be manipulated short...
jamalma - 4/10/2008 2:55:00 PM EDT
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