Is SiriusXM regulated by the FCC?
Commission Approves Transaction Between Sirius Satellite Radio Holdings Inc. and XM Satellite Radio Holdings, Inc. Subject to Conditions. FCC Request for Information Sent to XM Satellite Radio Holdings Inc.
Does the FCC control satellite radio?
The Federal Communications Commission regulates interstate and international communications by radio, television, wire, satellite and cable in all 50 states, the District of Columbia and U.S. territories.
Was the SiriusXM merger successful?
The FCC has approved the merger of XM and Sirius satellite radio after 17 months of behind-the-scenes negotiations. While some critics have said the merger represents a monopoly, it appears that the two weak companies may be combining to form one weak company.
Why did the two satellite radio stations merge?
XM and Sirius executives felt the merger would lower programming costs by eliminating overlapping stations and duplicated marketing costs. According to their original operating licenses, the two companies were not allowed to ever own each other’s license.
Who is SiriusXM owned by?
Liberty Media CorporationSirius XM / Owner
Why did Sirius and XM radio merger?
Sirius and XM said that as a result of the merger it hoped to offer listeners an “a la carte” option, allowing them to pick and choose the channels they wanted, such as Sirius’ “Martha Stewart Living Radio” or XM’s “Theme Time Radio Hour” with music legend Bob Dylan.
What company owns SiriusXM?
Liberty Braves GroupSirius XM / Parent organization
Is satellite radio going away?
Still, a phase-out of the Sirius-based platform transpired. “Plug-and-play” radios and aftermarket receivers were built on the XM platform. Now, come 2027, older automobiles with built-in satellite radio on the Sirius platform could become obsolete.
Why did the FCC allow competing satellite radio companies Sirius and XM to merge in 2008?
The Justice Department’s antitrust division announced Monday that it approved the merger after determining that prices were not likely to rise, in part because of competition from other program sources, like HD Radio as well as iPods and other MP3 players that can be connected to home or car audio systems.
Does Eminem still own Shade 45?
Shade 45 is American rapper Eminem’s hip hop music station on Sirius XM Radio channel 45 and Dish Network channel 6045….Shade 45.
| Branding | xL Shade 45 |
| Programming | |
|---|---|
| Format | Mainstream Urban Eminem’s uncut hip hop |
| Ownership | |
| Owner | Sirius XM Radio |
Is SiriusXM failing?
Sirius XM’s latest satellite, built by Maxar and launched by SpaceX, suffers failure in orbit. A recently launched Sirius XM satellite suffered “failures” during in-orbit testing, the company said in a securities filing. It did not disclose the cause of the malfunction.
When did Sirius and XM merge?
The U.S. Federal Communications Commission (FCC) approved the merger of XM Satellite Radio and Sirius Satellite Radio, Inc. on July 29, 2008, 17 months after the companies first proposed it. The merger created a company with 18.5 million subscribers, and the deal was valued at US$3.3 billion, not including debt.
Who is the chairman of the FCC for Sirius?
Letter to Hon. Kevin J. Martin, Chairman, FCC filed by Sirius Radio Satellite Inc. and XM Satellite Radio Holdings Inc. 6/13/08 Notice of Ex Parte Communication, filed by Georgetown Partners 6/13/08 Notice of Ex Parte Presentations filed by Sirius Radio Satellite Inc. and XM Satellite Radio Holdings Inc. [ 1| 2| 3] 6/13/08
What happened to SiriusXM?
After a 57-week review process, the U.S. Justice Department approved the Sirius and XM merger on March 24, 2008, concluding that satellite radio competes with terrestrial radio, online streaming, and mp3 players and tablets.
Who is the parent company of Sirius Satellite Radio?
Press Release of Parent Television Counsel filed by Sirius Satellite Radio Inc., XM Satellite Radio Holdings Inc. 7/31/07 Letter filed by Michael Hartleib 7/31/07 Reply to Opposition filed by National Association of Broadcasters