Wednesday, January 26, 2005
According to the New York Post, quoting several sources, Sirius Satellite
Radio and XM Satellite Radio are holding preliminary talks on a possible
merger. Although this would create a monopoly in the satellite radio
industry, the two companies are understood to be hoping a deal would be
allowed if the Federal Communications Commission considers satellite radio
as part of a broader industry delivering music and other content through
mobile devices, such as cellphones.
(see more on this story at
http://medianetwork.blogspot.com/)