Why did the government allow XM Satellite Radio and Sirius Satellite Radio to Merge?

Why did the government allow XM Satellite Radio and Sirius Satellite Radio to Merge?

The U.S. Federal Communications Commission (FCC) approved the merger of XM Satellite Radio and Sirius Satellite Radio, Inc. The proposed merger was opposed by those who felt it would create a monopoly. Sirius and XM argued that a merger was the only way that satellite radio could survive.

When did Sirius XM and satellite radio merge?

NEW YORK, July 29, 2008 /PRNewswire-FirstCall via COMTEX News Network/ — SIRIUS Satellite Radio (Nasdaq: SIRI) and XM Satellite Radio today announced that they have completed their merger, resulting in the nation’s premier radio company.

Is Sirius and XM radio the same thing?

XM and Sirius have merged and are now one company. Each system uses vastly different hardware, so a technical merger will not happen. At the programming level, both services now carry essentially the same channels.

What happened to XM Satellite Radio?

was dissolved as a separate entity and merged into Sirius XM Radio, Inc….XM Satellite Radio.

Type Subsidiary
Defunct January 13, 2011
Fate Merged with Sirius Satellite Radio in 2008, merged into Sirius XM Radio in 2011
Successor Sirius XM
Headquarters Washington, D.C., U.S.

Does Pandora own SiriusXM?

It was one of the music industry’s biggest stories of 2019: In February that year, satellite radio giant SiriusXM announced it had completed the acquisition of Pandora in a $3.5 billion all-stock transaction.

What does XM stands for?

Acronym Definition
XM Extended Module (music file extension)
XM Experimental Model (US Army)
XM Cross Memory
XM Excel Macro Virus

Is satellite radio still a thing?

Yes, Sirius XM radio still a thing. In February 2009, SiriusXM was bailed out by a $530 million loan from Liberty Media. Since then, this service continues to operate at a steady clip and remains popular with niche listeners looking for specific, mostly commercial-free content.

Can satellite radio be hacked?

There’s a push from many people for self-driving cars, but Crowetz warns that things many people already have, like LoJack, maps or satellite radio, can be vulnerable to hackers. They can make the car slam its breaks on, deploy the air bag.”