Sirius and XM to Merge
Yipee, Major League Baseball! As a Sirius subscriber, that’s the one and only area where I harbored jealousy toward XM Radio subscribers. Well, the rumor mill apparently was correct: XM and Sirius are joining forces (if the regulators will allow it). Sirius CEO Mel Karmazin will retain his position as CEO of the new company, and XM chairman Gary Parsons will be chairman.
So consider me stoked that I will get to hear any broadcast of any Major League Baseball game, while continuing my current habit of spending entirely too mucn time listening to Howard Stern.
The transaction should be wrapped up by the end of the year. Happy Days!
Fantasy Baseball: Is any regular reader out there interested in joining my CBS Sportsline Fantasy Baseball league? Send me an email for more details if you’re interested. I have one – possibly two – open spots.
One Comment
whatigotsofar
This merger says one thing loud and clear: “Neither company was making any money!” They each spent too much money on programming and marketing in an attempt to one up each other.
And if they merge, will the programming and subscriptions merge as you hope.