As the hours tick by while interested observers of the XM/Sirius digital radio merger await word on final approval by the FCC, it may be worthwhile to wonder how in the heck we even got here. We're holding our collective breath, but aren't we supposed to be laughing? The merger of Sirius Satellite Radio and XM Satellite Radio Holdings--the only two providers of digital audio radio service--creates a satellite radio monopoly. Look in the dictionary. They have no other entities to compete with in the entire digital audio radio space. That's what a monopoly is. The guy in charge of this lovely noncompetitive shebang is Mel Karmazin, CEO of Sirius and CEO of the monopoly-to-be. He is a real charmer with a long history of sexism and racism. Some of his finer moments include saying he wouldn't have fired Don Imus for his racist...
[read full story]
Your Web Site
