Sirius and XM Satellite Radio rumoured to be in merger talks
 

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/)