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Sirius and XM to Offer Reduced Prices if Merger Proceeds PDF Print E-mail
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Written by The Staff   
Wednesday, 21 March 2007 03:43

Sirius and XM RadioIf the proposed merger of Satellite radio providers Sirius and XM is approved, look for more content a la carte, and tiers of service both higher and lower than the $12.95 per month each company currently charges. As reported by Reuters:

"After the merger, customers may elect to receive fewer channels at a monthly price lower than $12.95; substantially similar programming at the existing $12.95 price; or more channels ... at a modest premium to the cost of one service, and considerably less than the cost of subscribing to both services," Sirius said in a federal filing.

The key will be getting approval of the merger. Both members of congress and the FCC have been cautious in their wording of the proposed merger, citing anti-trust concerns. Sen. Herb Kohl, chairman of the U.S. Senate's antitrust subcommittee, said on Tuesday that the combination may be "a fabulous monopoly" for Sirius and XM, and "a real bad deal for consumers."

XM currently broadcasts MLB games and content. The planned merger between the companies was announced in mid-Feb. of this year

 
 
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