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XM and Sirius to merge
This may or may not come true, or so the news says, but it would be cool if it did. I just bought (last Summer) a new Dodge Ram Dually with free Sirius for a year. I don't listen much and was looking into converting to XM..mostly for ML Baseball. If they do merge I expect both systems will stay active but the programming would be the same on each...at least I hope that's the way they do it.
On the other hand with only one Satellite radio company the prices will likely go up...no competition. Any others have info on this? |
I own a fair amount of stock in each, and I have been following this closely. The big issues here are regulatory, can they get past the monopoly rules by simply claiming that they are part of the larger satellite subscription systems like dish and direct? And if they can't they will suffer the same setback that Dish and Direct met.
As far as merged programming that can only be possible if they offer a dual band tuner after the merger, or if they replicate channels between the two systems. One thing to consider is that both Sirius and XM have bandwidth restraints as it is, and if the add more channels the quality goes down as compression goes up. I know XM has a better compression technology than Sirius, however it's still limiting. |
The merger is on according to reports.
Im a Sirius owner and enjoy it very much. After the merger, I doubt that the prices will go up much or at all....the market simply is not there for it. I pay about $13 a month for Sirius now, and I highly doubt whether consumers would stand to pay any more than that for satellite radio. The merger will, however... enable the technology to grow as well as reducing internal costs and possibly making the merged company profitable. |
as long as i don't lose the vault...
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you are right, price may even go down. Im interested in what this stock will do over the next couple days. |
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let's see how long it stays commercial-free.
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I dunno. . . I haven't been a big believer in satellite radio thus far. This only smacks of desparation. . .
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Me love me satellite. |
As long as they still have Fred, Ethel, and Lucy (80's alternative) as well as Chill (techno) and Audio Visions (New Age) I don't care who XM merges with...
-Z |
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just got this email from sirius....
and i called this one in 03' :D "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. " http://forums.pelicanparts.com/showthread.php?s=&threadid=119357&highlight=sirius +video ********************************************* 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. |
It's been so awesome having Howard back after many years without him in Colorado. The show is better than ever, and I can barely listen to terrestrial radio anymore. It's just horrible. And they know it.
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If I get Stern coming into my vehicles, I will personally rip the radio's out with a crowbar.:(
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I'd like to see it happen.
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i cant wait until the two companies merge! i will still be listening to stern in the morning, and avoiding the oprah channel the rest of the time. thank god for that gosh darn cool channel select button. |
@89911 -
Have you actually ever listened to Howard Stern? Or is it just your perception of the show you don't like? A lot of people are surprised when they actually listen to the show. It's not ALL strippers and porn stars. Great interviews, great current events insight, and more than anything, "reality" before reality shows were the cool thing to do. Oh yea, and porn stars riding the Sybian (which is like a huge, floor mounted vibrator.) ;) |
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Sterns bit is getting old and played. I dont listen to him on Sirius, personally speaking. When I did try, about 1 year ago...for some reason the 2 channels that were playing his broadcasts sounded absolutely aweful and full of digital harmonic distortion like they were overloading the board before broadcasting it.
Hard on the ears, and that was without even bringing Stern into the equasion. :) |
I've listened to Stern since the Mid 80's in Philly, and I can honestly say that right now is the best material/radio he's ever done. It's been so liberating not having the FCC come after him. It's the difference between Network TV and HBO, as far as I'm concerned. anyway, to each his own...
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Reminds me a great deal of when there were only 2 Sat Phone networks available to the public. One owned by MOT and the other owned by Iridium ( IRID). Mot looked around and then sold their sat phone systems to IRID . IRID thought it was great they became the only player in the market. Too bad the market was not enough to support the company and they went bye bye.
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Stern jumped the shark about the same time his movie came out.
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Widebody...I would actually agree with that. maybe a couple of years later. His last few years on terrestrial radio sucked. I can tell you that because they replay that stuff when the team goes on Vacation from Sirius, and I hate it. That said, I think Sirius has reinvented the show, and reinvigorated the people on it. And for the record...he didn't dump his wife and kids. She asked for the divorce, and he is still the same great father he always was.
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LOL!! I am a fan and you listen more than I do. Your a typical hater and the main reason he is so successful. Haters listen 3X more than the fans.
My dad has sirius and hates stern too, he is a hard core Imus fan. Yet, I catch him catching himself starting to say something about the show. He knows I listen and tells me I am going to hell for it. But he secretly listens too. It doesn't matter Bubba the Love sponge is 10x funnier than Stern and O&A put together. Quote:
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Ba-ba booey
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