In media news, the nation’s two satellite radio networks plan to merge. On Monday, Sirius Satellite Radio announced plans to buy its rival XM for $4.6 billion in stock. The merger will require the approval of the Federal Communications Commission. Jeff Chester of the Center for Digital Democracy criticized the proposed deal. He said, “Such a merger would mean a reduction in the quantity and quality of programming available to the public.”
Satellite Radio Networks Sirius & XM to Merge
HeadlineFeb 20, 2007