D
Davie123
Guest
So the breaking news is that Sirius XM is likely to be swallowed up by one of the satellite TV
companies, either Echostar or DirecTV. Will the FTC and FCC allow this consolidation of media?
Did these agencies ever foresee such a merger when they approved the buyout of XM by Sirius?
And yet, because of the "dire economic circumstances" I am betting the Obama administration will
allow this consolidation to happen. Satellite broadcasters will again receive favored treatment over
terrestrial broadcasters. Can you imagine if Clear Channel and Cumulus merged, and then NBC sought
to buy them? There would be a public outcry from coast-to-coast with congressional hearings and townhall meetings to protest this media concentration. But in order to "save" satellite radio, we will likely see a shotgun marriage with one of the satellite TV companies rammed through with nary a whimper
from the government or the public.
companies, either Echostar or DirecTV. Will the FTC and FCC allow this consolidation of media?
Did these agencies ever foresee such a merger when they approved the buyout of XM by Sirius?
And yet, because of the "dire economic circumstances" I am betting the Obama administration will
allow this consolidation to happen. Satellite broadcasters will again receive favored treatment over
terrestrial broadcasters. Can you imagine if Clear Channel and Cumulus merged, and then NBC sought
to buy them? There would be a public outcry from coast-to-coast with congressional hearings and townhall meetings to protest this media concentration. But in order to "save" satellite radio, we will likely see a shotgun marriage with one of the satellite TV companies rammed through with nary a whimper
from the government or the public.