phSabres84 Posted February 19, 2007 Report Share Posted February 19, 2007 XM & Sirius are merging! How's this going to effect NHL coverage next year? CBS Marketwatch Story! Link to comment Share on other sites More sharing options...
slugspirit Posted February 19, 2007 Report Share Posted February 19, 2007 XM & Sirius are merging! How's this going to effect NHL coverage next year? CBS Marketwatch Story! I'm hopin' for the 24-hour NHL channel on Sirius... I believe all the sports coverage from both providers will merge. Link to comment Share on other sites More sharing options...
GrimFandango Posted February 19, 2007 Report Share Posted February 19, 2007 This is nice. I like sirius a lot more than xm... however i was going to have to switch next year to xm because of hockey and therefore would lose howard and other stations i enjoy. This is great for a dude like me. Link to comment Share on other sites More sharing options...
bills_fan_in_raleigh Posted February 20, 2007 Report Share Posted February 20, 2007 This is nice. I like sirius a lot more than xm... however i was going to have to switch next year to xm because of hockey and therefore would lose howard and other stations i enjoy. This is great for a dude like me. why switch sirius has hockey coverage, sure not both feeds for u to chose from but does XM offer feed to choose? Link to comment Share on other sites More sharing options...
DWarner Posted February 20, 2007 Report Share Posted February 20, 2007 Next year was supposed to be NHL exclusive on XM. Plus XM has original hockey programs about 6 hours everyday. Not sure how this will be affected for next year. Seems like the merge could take at least a year to complete. Link to comment Share on other sites More sharing options...
Rock DJ Posted February 20, 2007 Report Share Posted February 20, 2007 I don't have either... just some stock. Woohoo :beer: Link to comment Share on other sites More sharing options...
GrimFandango Posted February 20, 2007 Report Share Posted February 20, 2007 I don't have either... just some stock. Woohoo :beer: Rock... where the hell have you been? Back for the playoff run huh? Link to comment Share on other sites More sharing options...
Rock DJ Posted February 20, 2007 Report Share Posted February 20, 2007 Yeah... just got lost there for awhile. ya know... lost the addy, then my pw, then my computer. etc... etc.. etc... Besides, wanted to make sure my avatar was still here :D Link to comment Share on other sites More sharing options...
GrimFandango Posted February 20, 2007 Report Share Posted February 20, 2007 avatar brings back good memories from the month of may last year... what a great month that was. Link to comment Share on other sites More sharing options...
frisky Posted February 20, 2007 Report Share Posted February 20, 2007 It's a long way from a done deal. I believe there are two major government hurdles that must be dealt with before anything really happens. I think the first is the FCC. There is a regulation or some such that restricts one satellite radio company buying another/coalescing into one. And, then the Department of Justice needs to determine whether it violates anti-trust law. I think it would be similar to the merger that didn't happen with Echostar/DishTV and DirecTV because of this. The DOJ scuttled the deal because of anti-trust. But, I guess we will see. THe feeling in the sat comm industry is that eventually the sat radio and the direct-to-home TV will eventually merge. But there will be a ways to go yet. Link to comment Share on other sites More sharing options...
eddieshack Posted February 20, 2007 Report Share Posted February 20, 2007 XM & Sirius are merging! How's this going to effect NHL coverage next year? CBS Marketwatch Story! Don't hold your breath. Both of their respective licenses prevent them from merging since it would create a monopoly. Link to comment Share on other sites More sharing options...
BuffalOhio Posted February 20, 2007 Report Share Posted February 20, 2007 Here's the text of an email I received over night. I'm a Sirius subscriber: Subject: Exciting Merger News from SIRIUS 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 Forward Looking Statements This letter contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about the benefits of the business combination transaction involving Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc., including potential synergies and cost savings and the timing thereof, future financial and operating results, the combined company's plans, objectives, expectations and intentions with respect to future operations, products and services; and other statements identified by words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "should," "may," or words of similar meaning. Such forward-looking statements are based upon the current beliefs and expectations of SIRIUS' and XM's management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond the control of SIRIUS and XM. Actual results may differ materially from the results anticipated in these forward-looking statements. The following factors, among others, could cause actual results to differ materially from the anticipated results or other expectations expressed in the forward-looking statement: general business and economic conditions; the performance of financial markets and interest rates; the ability to obtain governmental approvals of the transaction on a timely basis; the failure of SIRIUS and XM shareholders to approve the transaction; the failure to realize synergies and cost-savings from the transaction or delay in realization thereof; the businesses of SIRIUS and XM may not be combined successfully, or such combination may take longer, be more difficult, time-consuming or costly to accomplish than expected; and operating costs and business disruption following the merger, including adverse effects on employee retention and on our business relationships with third parties, including manufacturers of radios, retailers, automakers and programming providers. Additional factors that could cause SIRIUS' and XM's results to differ materially from those described in the forward-looking statements can be found in SIRIUS' and XM's Annual Reports on Form 10-K for the year ended December 31, 2005, and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2006, June 30, 2006 and September 30, 2006 which are filed with the Securities and Exchange Commission (the "SEC") and available at the SEC's Internet site http://www.sec.gov The information set forth herein speaks only as of the date hereof, and Sirius and XM disclaim any intention or obligation to update any forward looking statements as a result of developments occurring after the date of this press release. Important Additional Information Will be Filed with the SEC This communication is being made in respect of the proposed business combination involving SIRIUS and XM. In connection with the proposed transaction, SIRIUS plans to file with the SEC a Registration Statement on Form S-4 containing a Joint Proxy Statement/Prospectus and each of SIRIUS and XM plan to file with the SEC other documents regarding the proposed transaction. The definitive Joint Proxy Statement/Prospectus will be mailed to stockholders of SIRIUS and XM. INVESTORS AND SECURITY HOLDERS OF SIRIUS AND XM ARE URGED TO READ THE JOINT PROXY STATEMENT/PROSPECTUS AND OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. Investors and security holders will be able to obtain free copies of the Registration Statement and the Joint Proxy Statement/Prospectus (when available) and other documents filed with the SEC by SIRIUS and XM through the web site maintained by the SEC at www.sec.gov. Free copies of the Registration Statement and the Joint Proxy Statement/Prospectus (when available) and other documents filed with the SEC can also be obtained by directing a request to Sirius Satellite Radio Inc., 1221 Avenue of the Americas, New York, NY 10020, Attention: Investor Relations or by directing a request to XM Satellite Radio Holdings Inc., 1500 Eckington Place, NE Washington, DC 20002, Attention: Investor Relations. SIRIUS, XM and their respective directors and executive officers and other persons may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. Information regarding SIRIUS' directors and executive officers is available in its Annual Report on Form 10-K for the year ended December 31, 2005, which was filed with the SEC on March 13, 2006, and its proxy statement for its 2006 annual meeting of stockholders, which was filed with the SEC on April 21, 2006, and information regarding XM's directors and executive officers is available in XM's Annual Report on Form 10-K, for the year ended December 31, 2005, which was filed with the SEC on March 3, 2006 and its proxy statement for its 2006 annual meeting of shareholders, which was filed with the SEC on April 25, 2006. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the Joint Proxy Statement/Prospectus and other relevant materials to be filed with the SEC when they become available. Please note: this is not a promotional e-mail. As a SIRIUS subscriber, you will periodically receive service notices via e-mail. These service notices are intended to provide you with helpful information that will facilitate and enhance your SIRIUS listening experience. Link to comment Share on other sites More sharing options...
Rock DJ Posted February 20, 2007 Report Share Posted February 20, 2007 A judge already ruled on this potential merger about 3 months ago. Both were told then how they needed to go about this in order to make it legal. I assume they've resolved those issues and the approval at this point is just a formality. Link to comment Share on other sites More sharing options...
frisky Posted February 20, 2007 Report Share Posted February 20, 2007 A judge already ruled on this potential merger about 3 months ago. Both were told then how they needed to go about this in order to make it legal. I assume they've resolved those issues and the approval at this point is just a formality. According to Space News and some other sat comm trade journals, I don't think it is quite a slam dunk yet. Link to comment Share on other sites More sharing options...
frisky Posted February 27, 2007 Report Share Posted February 27, 2007 Update on something I just read in the 2/19 issue of Aviation Week and Space Technology. "FCC Chairman Kevin Martin recently put the kibosh on a Sirius/XM tie-up, at least for now, by saying they would not be allowed to merge under current regulatory guidelines" Guess he needs more greasing. Link to comment Share on other sites More sharing options...
Rock DJ Posted February 27, 2007 Report Share Posted February 27, 2007 Update on something I just read in the 2/19 issue of Aviation Week and Space Technology. "FCC Chairman Kevin Martin recently put the kibosh on a Sirius/XM tie-up, at least for now, by saying they would not be allowed to merge under current regulatory guidelines" Guess he needs more greasing. Yeah, its in the works, and will probably fly. The street initially gave it a 50/50, but has since increased those odds. Link to comment Share on other sites More sharing options...
will Posted February 28, 2007 Report Share Posted February 28, 2007 fcc has no say, am i wrong? it's unregulated as far as i know. maybe he's speculating? how many question marks can i use in this post? Link to comment Share on other sites More sharing options...
Rock DJ Posted February 28, 2007 Report Share Posted February 28, 2007 fcc has no say, am i wrong? it's unregulated as far as i know. maybe he's speculating? how many question marks can i use in this post? Yes FCC does have the say cause it's a broadcast medium. The argument is whether it will create a monopoly or not. Current regulation lists satellite as an industry, and must have competition within the industry. Sirius and XM are making the argument that it's just a business, in competition with current cable, HD, Ipod, exc... Link to comment Share on other sites More sharing options...
phSabres84 Posted February 28, 2007 Author Report Share Posted February 28, 2007 The biggest hurdle for this will be with the US Justice Dept Anti-Trust Division....that will be the toughest! US DOJ Anti-Trust Div Link to comment Share on other sites More sharing options...
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