It wouldn't bother me in the slightest if DirecTV or Clear owned a bunch of
XM, but they don't:

DirecTV Sells XM Stake -- 3/26/2004 10:02 AM EST
.....investment was surely a profitable one for DirecTV,...XM shares posted a
staggering 1,000% gain last year...
http://www.thestreet.com/_tsclsii/ma.../10150897.html

This angle of attack appears to be going noplace. So I expect we'll shortly
be reminded that Karmazin runs Sirius and that both providers are teamed with
good terrestrial radio people.

It's the absence of a coinbox that has turned terrestrial into a wasteland,
not "corporate greed."

Jerome

"Steve Sobol" wrote in message
...
Garrett Wollman wrote:
In article ,
Steve Sobol wrote:

I suppose if you're listening to XM and are from San Antonio, Texas, it's
"hometown" radio because that's where Clear Channel's corporate headquarters
are. :P Or if you're in NYC and listening to Sirius.


Correction: Clear Channel no longer owns an attributable stake in XM.
They never owned as much as 25% in any case. (XM's headquarters are
in Washington, BTW.) The biggest owner of XM is Rupert Murdoch's
DIRECTV Group.

Thanks; ok, details are slightly off, but the concept is still the same.
Perhaps even more so in Murdoch's case.