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XM-Sirius Merger
XM-Sirius Merger Nears Approval, Comes Down To One Commissioner's Vote
And here she is. After FCC commissioner Johnathan Adelstein withdrew his support today, the vote is now deadlocked and awaiting the yea or nay from Deborah Taylor Tate, a Republican who is expected to approve the merger so all of this can finally be over and done with (something tells me a large batch of high-end satellite radio gear is now being priority-overnighted to Taylor's office to make sure everything is greased appropriately). If you're a subscriber, not a whole lot will change once the deal is finalized and the two merge parts of their programming, but you'll need new gear to take full advantage of any new subscriptions once the merger is wrapped up. [WSJ via CrunchGear].
helio
Helio Stores And Kiosks Closing Soon, Company In Trouble?
A tipster told us that the talks between Virgin Mobile and SK Telecom/Helio are going nowhere, with Virgin backing out unless there's some sort of bankruptcy declaration or huge liquidation. Our tipster says that Helio's corporate stores and kiosks will be closing very soon, which is backed up by similar info from Engadget. They say that there's no merger between Helio and Virgin, and that customers might just be moved over to Virgin's network. More »
microhoo
Microsoft and Yahoo Continue To Tango, Re-enters Talks
Looks like Microsoft isn't completely ready to let its dreams of a deal with Yahoo die yet. Despite calling the purple giant's demands "excessive" and retiring its $47.5 billion bid just two weeks ago, Microsoft is now saying that it's discussing an "alternative transaction." Apparently something has changed enough in the last few days for Microsoft to resume negotiations, like a scorned lover lured back by a "I promise everything will be different, baby. I'll really try to make things work this time around!" [BBC]
yahoo
Yahoo Flirting With AOL Something Fierce, Microsoft Still On Doorstep With Flowers
An unnamed source (aren't they all?) confirmed a rumor that had been floating before: that Yahoo, in order to escape being grabbed by Microsoft, would hurl itself at the second-ugliest suitor in the room, AOL. The new details say that Time Warner would pay some cash up front for a 20% stake in a joint AOL-Yahoo program. The AOL side, valued at $10 billion, would include all properties (such as our worthy competitor Engadget) but not the dial-up service that your grandma and pretty much no one else still has. Microsoft still may get its way, though: Word is that it's teaming with MySpace-owner News Corp for some kind of a three-way proposition. [Reuters]
humor
Craigslist Auction for Nintendo & Apple Merger Documents Has Us Reaching for Our Wallets
We know you can find an occasional bargain on Craigslist, but this takes the biscuit: documents actually detailing a merger between Apple and Nintendo. We knew Nintendo and Apple were up to something—has no one else noticed all the plastic white styled similarities? C'mon you guys, it's just makes sense! Now, we're off to put in our bid. Expect some seriously breaking news soon. [Kotaku]
merger mania
Wall Street, Analysts Beginning to Bet on XM/Sirius Merger
The long-lobbied-for XM/Sirius merger is starting to pick up some optimistic vibes from Wall Street and analysts, who are beginning to think it might just happen. In fact, one analyst group, Cowen & Co., not only says that the odds are the "best ever," they're wagering on FCC approval before Dec. 4, possibly as early as next month. Of course, analysts' words are far from gospel, but the mood toward the merger seems much sunnier than it did months ago, so keep your ears open. [Orbitcast]
promising the world
Picking and choosing your favorite stations on XM and Sirius Satellite Radio might be a delightful result of the merger between the two companies, at least that's what the companies are saying will happen if their proposed deal goes through the FCC gauntlet. That's just the beginning, too, because the companies add that their subscriptions will cost 46% less. Here are a couple of examples the companies announced today.
More »
XM and Sirius Promise Cheaper A La Carte Offerings if Merger Deal is Approved
Picking and choosing your favorite stations on XM and Sirius Satellite Radio might be a delightful result of the merger between the two companies, at least that's what the companies are saying will happen if their proposed deal goes through the FCC gauntlet. That's just the beginning, too, because the companies add that their subscriptions will cost 46% less. Here are a couple of examples the companies announced today.
More »
fr-enemies disband
Update: Microhoot/Yahoosoft! a No Go?
According to the WSJ, it looks like Yahoo is going to turn down Microsoft yet again. They claim that Yahoo just wasn't feeling the MS vibe. More »
fr-enemies unite
Microsoft and Yahoo Shopping for Rings (Again)
The Wall Street Journal says that Microsoft and Yahoo are back to talking about a merger, after a serious flirtation a year ago. Seems the Goog has grown stronger of late (something to do with utter dominance of online advertising, coupled with new and promising consumer software apps) and one thing Yahoo and Microsoft can do about it is get together, like platonic friends from college who meet up again, desperate and lonely, at their 10-year reunion. Will it work? Can you imagine the branding nightmare? They say "merger" but can you really see Gates, Ballmer and the rest of Redmond sharing the keynote stage, especially with Terry Semel? Feel free to share your vision of the scariest (or most surprisingly utopian) Microsoft-Yahoo mashup. More »
portable media
Sirius and XM Pimp Congress for Merger, Say Prices Won't Be Raised
As the Sirius and XM satellite radio services continue to seek U.S. government approval for that much-discussed merger, the companies tossed out a few details of the proposed marriage in a document filed with the feds. As Sirius CEO Mel Karmazin (pictured in car above) told a House judiciary committee antitrust task force a few weeks ago, subscribers would have a choice of tiers of service, but not the ability to pick and choose exactly which stations they'd like included in their subscription. In the document, Sirius wrote,"After the merger, customers may elect to receive fewer channels at a monthly price lower than $12.95; substantially similar programming at the existing $12.95 price; or more channels ... at a modest premium to the cost of one service, and considerably less than the cost of subscribing to both services."More »
portable media
Sirius CEO Talks A La Carte Satellite Radio Packages
As the resident satellite radio junkie, this bit of information definitely makes my ears perk. Mel Karmazin, the Sirius head-honcho, talked before a House Judiciary Committee Antitrust Task Force about the merger and some a la carte programming packages that may be in the works. He said that there is no current way to pick and choose a completely customized subscription, but there may be "tier packages" available in the future. For example you could pick and choose between music, sports, talk and family tiers. He also added that that the current $12.95 price tag is a ceiling and these tier packages would allows users to get satellite radio for less. Good to hear, Karmazin. More »
xm
Mr. Karmazin Goes to Washington: Siriusly You Guys, Let Us Merge! We'll Do Anything
Mel Karmazin, Sirius's head honcho, wants that merger baaaad. He took to Capitol Hill this week to try to give the merger-to-be a running start toward clearing the significant regulatory hurdles (and doubts) it's likely to face in the coming months. Talking to the antitrust taskforce on the House Judiciary Committee, he revealed that they're "prepared to make concessions, and we're willing to work with the FCC on doing it." More »
home entertainment
XM & Sirius Satellite Merger in a Nutshell
XM and Sirius Satellite radio companies spend way too much on exclusive radio talent like Oprah, Howard Stern, and Major League Baseball games. For better financial health, they're proposing a "merger of equals", where Sirius plans to buy XM for 4.6 Billion in stock. The FCC may oppose it, worrying about an anti competitive marketplace. Meanwhile, the two companies are whining that iPods are kicking its ass. I'd agree. More »
cellphones
HTC Wants to Merge With Sony Ericsson?
File this rumor under "Ich don't think so". It seems like Peter Chou, CEO of HTC, has made some grumblings about HTC being a good fit in a merger between it and Sony Ericsson. Really? A maker of Windows Mobile smartphones that aren't very stylish combining with a company that makes handhelds and musicphones? Seems iffy. More »
6:55 PM on Thu Feb 15 2007
By Jason Chen
798 views,
14 comments
portable media
Rumormill: XM, Sirius Merger Announced Today?
Supposedly yes, according to the sources at theflyonthewall. An announcement of a merger between the two largest satellite radio companies, XM and Sirius, is expected to be announced at the North American International Auto Show in Detroit later today. I still unsure if this would be a good move. Being a Sirius listener and fan I enjoy everything about the stations as it is and I don't want to see a merge of content losing stations and gaining other undesireable ones. And what about the hardware? Will I have to buy a new receiver to accommodate the possible merger. There are too many hurdles to overcome for this to work out successfully. More »
portable media
Sirius, XM Merger Fo' Real? Nah, Not Really
Sirius Radio Chief Executive, Mel Karmazin, said that he would like to buy XM radio but there would be quite a few hurdles to jump."Regarding XM - would we like to buy them? Sure. We'd love to buy them. Price would matter, so that would be an issue ... (and) there would definitely be the regulatory issue," he said.
Karmazin continues to say that Sirius is definitely not up for sale and that a merger probably wouldn't work out. He was quoted saying that the current Sirius business plan does not include making any kind of deals and he also said that he would be gone if any kind of merger happened. Well, I guess that kills hope for a universal satellite radio to compete with terrestrial radio. Thanks for the buzz kill, Karmazin. Thanks to Orbicast for the nifty image and hit up their link below for some insightful commentary on the entire situation. More »
cellphones
Nokia and Siemens Merger Thing: BFD
So here is the word on Siemens latest venture to make BenQ Siemens Nokia Sprint Nextel AT&T Cingular. Okay it is really just Siemens and Nokia, but it seems like all of these cellphone giants are merging faster than we can handle. More »
3:42 PM on Mon Jun 19 2006
By Travis Hudson
216 views,
3 comments
