XM and Sirius Radio to merge

[Hav0k99]

looky here.


NEW YORK Feb 19, 2007 (AP)? XM Satellite Radio Holdings Inc. and Sirius Satellite Radio Inc. have agreed to merge, the two companies said Monday.

The deal would consolidate the only two companies in the emerging business of subscription-only satellite radio, and is sure to face tough scrutiny from federal regulators. Investors and analysts have been speculating about a deal for months.

The two companies said in a statement that Mel Karmazin, the CEO of Sirius, would become chief executive of the new company while Gary Parsons, the chairman of XM, would remain in that role.

 

[MisterJackson]

On a related note, how do most here pronounce Sirius? I always said "Serious", my friend says it's "Sirrus"........

 

[imported_weadjust]

Originally posted by: MisterJackson
On a related note, how do most here pronounce Sirius? I always said "Serious", my friend says it's "Sirrus"........

Are you Serious?

 

[tasmanian]

Arnt monopolies frowned upon?

 

[Mrvile]

It's "serious"

 

[dr150]

R

 

[FoBoT]

repost

 

[MikeyIs4Dcats]

look down about 6 posts on the front page.

 

[Hav0k99]

yeah yeah yeah someone just beat me to it. Admins please close.