Anything John Ashcroft is against, I'm for, on pretty much on any topic. I didn't really have an opinion on the Sirius XM merger, other than a sort of knee-jerk opposition to every corporate merger. But if Asscroft is bloviating against it, suddenly, the merger seems like a good idea. Who are the potential competitors to satellite radio anyway? As I see it, my iPod is, and it isn't really affected. Satellite radio's betamax/VHS style dispute probably inhibits subscriber growth: Dylan's show on one, Oprah on another.
Ashcroft Condemns Sirius-XM Merger John Ashcroft blasted the proposed merger of Sirius and XM, saying it would leave only one provider in the satellite-radio market. The former attorney general has been hired by opponents of the deal.Ashcroft, who served as head of the Justice Department for four years until January 2005, was hired by the National Association of Broadcasters to examine the merger scenario. That group, which represents traditional radio broadcasters, has been a fierce critic of the $13 billion merger since it was announced last week.
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The satellite-radio companies' main argument for the deal being approved is that, while they are the only two satellite-radio companies, they are in fact competing against the range of audio media including traditional radio, HD radio, Internet-based radio and applications like Apple Inc.'s iPod.
Corporate radio sucks: I'll admit to have been able to avoid listening to it altogether for over ten years now, maybe more.
Tags: Bush_donor, /Business, /music
