Stories related to: XM Satellite Radio

XM and Sirius both postponed annual shareholder meetings as they awaited final FCC approval of their planned merger, the Washington Post reports. The nation’s only satellite-radio operators are expected to win approval, but their plans have faced new criticism from lawmakers and state attorneys, and there may yet be conditions on the partnership. More »

The Justice Department today approved the proposed merger between satellite radio firms Sirius and XM, the Wall Street Journal r eports. The FCC must still sign off, but the pair appears to have allayed antitrust concerns about the merger of the industry's two largest companies by arguing that they face competition from all music providers, including conventional radio. More »

XM Satellite Radio and Sirius stock prices got a boost Friday when an analyst predicted the Justice Department won't block Sirius from buying out the larger XM. Morning trade saw XM shares jump 9.4% and Sirius shares 4.6%, reports CNN. The analyst said that shares could hit $20 and $4.50, respectively, if the deal goes through. More »

For anyone doubting that a merger between Sirius and XM would harm the satellite radio industry by forcing listeners to go through a single provider, the Washington Post’s Marc Fisher has two words: cable TV. Fisher argues that for all of the advantages any union may produce, ultimately it would result in fewer channels, inferior customer service, and higher prices. More »

In an attempt to lower resistance to their proposed merger, satellite radio providers Sirius and XM unveiled new pricing plans today that they say will cut subscription prices by 46%. The plans, which start at $6.99 as opposed to the current $12.95 per month standard price, also allow listeners to select channels to add a la carte. More »

Fans of "The Opie & Anthony Show" cancelled their satellite radio subscriptions by the hundreds after XM slapped the shock-jock duo with a 30-day suspension earlier this week. Subscribers are accusing the station—which promises uncensored content—of pandering to the FCC so they won't block a pending merger with Sirius. More »

Jim Surowiecki describes how the “Chicago School” of economists revolutionized anti-trust thinking in the 1970s. By arguing that it is not the number of competitors but rather their strength that mattered, these economists posited that some mergers stimulate competition. More »