An a la carte menu style is in the making as the two big sat-radio companies are merging. Interesting.
The companies say this means everything will be even better. Reading the press release you'd think it was the greatest thing since sliced bread. Forgive me for being a little less optimistic. Sure, I hope this means higher quality and more selection, but one has to worry at least a little. The competition thus far has bred some quick growth and service expansion. What happens to that now? When was the last time a single provider in a market space was good for consumers?
Anyhow, it will be fun to watch. And it's just satellite radio, so not like it's the end of the world if they screw up the marketplace. If it gets by the SEC and FCC. It probably will.
"The transaction is subject to approval by both companies' shareholders, the satisfaction of customary closing conditions and regulatory review and approvals, including antitrust agencies and the FCC. Pending regulatory approval, the companies expect the transaction to be completed by the end of 2007."
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