XM Rumor - Page 2

GUINNESS · #11 02-19-2007, 04:29 PM

Quote:

Originally Posted by JV

The NAB will likely fight hard to slow this down if it goes through.

It sucks for people who work there.

Are you all aware that about 5 companies control all the media in the US? Mergers are not good for entertainment or for news or for local radio especially.

Yep, and they are bringing the industry down. Is Viacom and Infinity together 2 of the 5?

I know who ever controls DC101 are a bunch of asses... specially with how bad they were with dumping Elliot In the Morning. Nothing like listening to dead air on the way to work because someone said something that "might" be offensive

Pretty soon XM and Sirius will be FCC controlled and censored, just like everything else. Bastards!

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GUINNESS · #12 02-19-2007, 04:31 PM

Quote:

Originally Posted by noncom23

Good one. I just would like to see Sirius get a clue about
a wider programming range. They are too heavy with punk,
acid, hair, headbanger in my opnion. On the main stream channels
they play the same music over and over. I ready to rip it out.

Oh, you mean just like you get from playlists on normal radio??? There are times you can get the same song twice in 1 hour. Often times if you listen all day, you can hear the same song 6+ times.

the head · #13 02-19-2007, 04:55 PM

Quote:

Originally Posted by GUINNESS

Pretty soon XM and Sirius will be FCC controlled and censored, just like everything else. Bastards!

Unless XM/Sirius becomes public access (free) Censoring is not possible just like satellite television and cable channels

I love the mix on sirius I just hope XM doesn't mess with it I must admit the potential for all stations from both providers would be nice.

both companies have thier benefits and drawbacks but I would see the merger (which alot of us in the CE industry have been speculating on since 04) as a mutually beneficial enviornment...the market is not large enough for both companies to flourish independently

B-Line · #14 02-19-2007, 04:58 PM

All this because of Howard Stern

Gotta love "The Howard"

B

Tom G. · #15 02-19-2007, 05:09 PM

Quote:

Originally Posted by B-Line

All this because of Howard Stern

Gotta love "The Howard"

B

"The Howard"

Here's some more info on the merge:

XM Satellite Radio and Sirius Satellite Radio have jointly announced that they have entered into an agreement to combine the two companies - in an all-stock merger - with a combined enterprise value of $13 billion.

Sirius' superstar CEO Mel Karmazin will head the new company as its CEO, and Gary Parsons will also retain his title as Chairman as the new company. The new company's board of directors will consist of 12 directors, four independent members designated by each company, as well as one representative from each of General Motors and American Honda.

Hugh Panero will continue in his current role until the close of the merger. Further management appointments will be announced prior to closing.

The combination creates a nationwide audio entertainment provider with combined 2006 revenues of approximately $1.5 billion based on analysts' consensus estimates.

Follow the jump to read what's in store for customers and investors under this new merged entity...

The combined XM and Sirius will provide...

Greater Programming and Content Choices
The combined company will offer consumers the ability to pick and choose the channels and content they want on a more on an a la carte basis. It will also provide consumers with a broader selection of content, including a wide range of commercial-free music channels, exclusive and non-exclusive sports coverage, news, talk, and entertainment programming. Together, XM and SIRIUS will be able to improve on products such as real-time traffic and rear-seat video and introduce new ones such as advanced data services including enhanced traffic, weather and infotainment offerings.

Accelerated Technological Innovation
The merger will enable the combined company to develop and introduce a wider range of lower cost, easy-to-use, and multi-functional devices through efficiencies in chip set and radio design and procurement. Such innovation is essential to remaining competitive in the consumer electronics-driven world of audio entertainment.

Benefits to OEM and Retail Partners
The combined company will offer automakers and retailers the opportunity to provide a broader content offering to their customers. Consumer electronics retailers, including Best Buy, Circuit City, RadioShack, Wal-Mart and others, will benefit from enhanced product offerings that should allow satellite radio to compete more effectively.

Enhanced Financial Performance
This transaction will enhance the long-term financial success of satellite radio by allowing the combined company to better manage its costs through sales and marketing and subscriber acquisition efficiencies, satellite fleet synergies, combined R&D and other benefits from economies of scale. Wall Street equity analysts have published estimates of the present value of cost synergies ranging from $3 billion to $7 billion.

More Competitive Audio Entertainment Provider
The combination of an enhanced programming lineup with improved technology, distribution and financials will better position satellite radio to compete for consumers' attention and entertainment dollars against a host of products and services in the highly competitive and rapidly evolving audio entertainment marketplace. In addition to existing competition from free "over-the-air" AM and FM radio as well as iPods and mobile phone streaming, satellite radio will face new challenges from the rapid growth of HD Radio, Internet radio and next generation wireless technologies.

The transaction is subject to approval by both companies' shareholders, the satisfaction of customary closing conditions and regulatory review and approvals, including antitrust agencies and the FCC. Pending regulatory approval, the companies expect the transaction to be completed by the end of 2007.

Conference Call and Webcast Information

XM and Sirius will hold a joint conference call and webcast on Tuesday, February 20, 2007 at 8:30 AM ET to discuss this announcement. The conference call can be monitored by dialing 800-573-4840 within the U.S. and 617-224-4326 for all other locations, passcode 29490052. The webcast can be accessed at http://www.sirius.com/ and http://www.xmradio.com/ as well as on their satellite radio services by tuning to SIRIUS channel 122 and XM channel 200. The webcast will be archived at http://www.sirius.com/ and http://www.xmradio.com/

noncom23 · #16 02-19-2007, 05:24 PM

Greater Programming and Content Choices
The combined company will offer consumers the ability to pick and choose the channels and content they want on a more on an a la carte basis. It will also provide consumers with a broader selection of content, including a wide range of commercial-free music channels, exclusive and non-exclusive sports coverage, news, talk, and entertainment programming. Together, XM and SIRIUS will be able to improve on products such as real-time traffic and rear-seat video and introduce new ones such as advanced data services including enhanced traffic, weather and infotainment offerings.

Thank You Tom G! Yea!!!

Driver8 · #17 02-19-2007, 05:25 PM

Hahaha NC, I was going to say the same thing about some of XM's channels. I mean, Simple Minds were one of MANY good bands back in the early-80's, but Geez Louise, do you have to hear them on the Fred playlist 24 times a day? And what about Ethel, the modern alternative channel? I think modern means, you know, contemporary new stuff, not late-90's new stuff. Between the two services, I could find faults on both sides (just like with DirectTV and DishNet). Maybe with a merger, there will be something for everyone.

Quote:

Originally Posted by noncom23

Good one. I just would like to see Sirius get a clue about
a wider programming range. They are too heavy with punk,
acid, hair, headbanger in my opnion. On the main stream channels
they play the same music over and over. I ready to rip it out.

noncom23 · #18 02-19-2007, 05:27 PM

Thats hilarious Driver. Its a small world after all.

Quote:

Originally Posted by Driver8

Hahaha NC, I was going to say the same thing about some of XM's channels. I mean, Simple Minds were one of MANY good bands back in the early-80's, but Geez Louise, do you have to hear them on the Fred playlist 24 times a day? And what about Ethel, the modern alternative channel? I think modern means, you know, contemporary new stuff, not late-90's new stuff. Between the two services, I could find faults on both sides (just like with DirectTV and DishNet). Maybe with a merger, there will be something for everyone.

Tom G. · #19 02-19-2007, 05:30 PM

Quote:

Originally Posted by noncom23

Greater Programming and Content Choices
The combined company will offer consumers the ability to pick and choose the channels and content they want on a more on an a la carte basis. It will also provide consumers with a broader selection of content, including a wide range of commercial-free music channels, exclusive and non-exclusive sports coverage, news, talk, and entertainment programming. Together, XM and SIRIUS will be able to improve on products such as real-time traffic and rear-seat video and introduce new ones such as advanced data services including enhanced traffic, weather and infotainment offerings.

Thank You Tom G! Yea!!!

I wouldn't celebrate just yet - now there is no more competition to keep pricing fixed. Programming prices will more than likely change, as their only competition is HD Radio.

Thunder22 · #20 02-19-2007, 05:31 PM

Quote:

Originally Posted by Tom G.

I wouldn't celebrate just yet - now there is no more competition to keep pricing fixed. Programming prices will more than likely change, as their only competition is HD Radio.

And that's why the FCC is going to hold this up... .IMO.

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