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Karmazin Looks to Public Interest to Get Merger Deal Done

W

WhiskeyRobber

By MICHAEL LEARMONTH

In his bid to win approval of the merger of radio satcasters Sirius and XM, Sirius topper Mel Karmazin has proposed several possible pricing structures for the combined company in his informal talks with the Federal Communications Commission.

Karmazin is on a mission to persuade regulators that the merger would not create a monopoly but provide listeners with more choice at lower cost.

Among the proposed packages is a low-cost option, well below the $12.95 both charge, and a "best of" version that would be more expensive but include all of Sirius, including Howard Stern and the National Football League, and parts of XM's big-ticket programming, including "Oprah and Friends" and Major League Baseball.

"We've had a number of meetings since we announced the deal," Karmazin told Daily Variety. "We hope we can draft an offering that will be something the commissioners will see is in the public interest."



http://www.variety.com/article/VR1117966810.html?categoryId=18&cs=1
 
today both sirius and xmsr, lauched merger related web sites. via orbitcast http://www.orbitcast.com/archives/sirius/xm-each-launch-merger-information-websites.html to combat the direct efforts of the nab whom also lauched a site via r&r http://www.xmsiriusmonopoly.org/

via http://siriusbuzz.com/merger-may-have-a-friend-in-the-white-house.php

Posted by Tyler Savery | Satellite Standard Group at 11:32 am EST
It was announced last week that Sirius and XM had hired the bi-partisan lobbying firm of Quinn Gillespie & Associates to act on their behalf regarding the proposed merger. It now appears that one of the firm’s principals, Ed Gillespie will be tapped to become part of the White House team in Washington. Gillespie has been attached to reports that he will replace outgoing White House Councilor Dan Bartlett.

For those that follow these equities, and are supporters of the merger, this could be welcomed news. Having a merger supporter in the White House can not hurt the cause. Gillespie is well respected and connected both politically and in the business community. His major tasks will likely center around opening lines of communication between the White House and policy makers in Washington and beyond.

Position – Long Sirius, Long XM
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