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BornFisher
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Registered: 1-11-2005
Location: K-38 Santa Martha/Encinitas
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Also Capt. if you have a system with a tape player, just get one of those whatcamacallits with a tape thingy and a wire to your radio. Then NO MORE
INTERFERENCE!!! Also available, is some cable thing that plugs right into your radio. Also is an FM amp for a stronger signal.
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Cardon Man
Super Nomad
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Location: Thetis Bank
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sirius rules!
| Quote: | Originally posted by capt. mike
i do miss Howard a little but not at $12 a month. I really like Adam Corolla mornings - commercials, hell i tune them out like a dog does. i bet they
have failings later. |
Howard is better than ever. Well worth the price!! Check it out if you get the chance.
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Taco de Baja
Super Nomad
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XM and Sirius to merge.
I wonder if that "lifetime" membership will still be honored? Or did it just 'expire'? 
Or maybe you can will be able to get all XM and Sirius programs?  
Of course the Feds may throw out the merger as being in violation of fair competition....
| Quote: | Feb. 19 (Bloomberg) -- XM Satellite Radio Holdings Inc. and Sirius Satellite Radio Inc. agreed to a $13 billion merger that will combine the only pay
radio services in the U.S.
Under the agreement, XM investors will receive 4.6 shares of Sirius common stock for each share they own, Washington-based XM and New York-based
Sirius said today in a statement distributed by PR Newswire. Shareholders of each will own about 50 percent of the combined radio company.
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wornout
Senior Nomad
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Kind of a mute point as of today, I just heard on XM Fox News that Sirius and XM are going to merge.
This Space Available, E-Mail Me If Interested.
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MrBillM
Platinum Nomad
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No Sure Bet
It was pointed out that the Approval process by the Feds could take up to 15 months and the fact that they are the ONLY two competitors in the market
would work against Approval.
Don't Hold your Breath.
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comitan
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The following is from another forum much more detailed info.
As a dealer for Sirius I received this press release this morning! SIRIUS and XM to Combine in $13 Billion Merger of Equals Provides Consumers with
Enhanced Content, Greater Choices and Accelerated Technological Innovation Enables Satellite Radio to Better Compete in Rapidly Evolving Audio
Entertainment Industry Extraordinary Value Creation for Shareholders Mel Karmazin to Serve as Chief Executive Officer and Gary Parsons to Serve as
Chairman of Combined Company
WASHINGTON and NEW YORK, Feb. 19 /PRNewswire-FirstCall/ -- XM Satellite Radio (Nasdaq: XMSR - News) and SIRIUS Satellite Radio (Nasdaq: SIRI - News)
today announced that they have entered into a definitive agreement, under which the companies will be combined in a tax-free, all-stock merger of
equals with a combined enterprise value of approximately $13 billion, which includes net debt of approximately $1.6 billion.
Under the terms of the agreement, XM shareholders will receive a fixed exchange ratio of 4.6 shares of SIRIUS common stock for each share of XM they
own. XM and SIRIUS shareholders will each own approximately 50 percent of the combined company.
Mel Karmazin, currently Chief Executive Officer of SIRIUS, will become Chief Executive Officer of the combined company and Gary Parsons, currently
Chairman of XM, will become Chairman of the combined company. The new company's board of directors will consist of 12 directors, including Messrs.
Karmazin and Parsons, four independent members designated by each company, as well as one representative from each of General Motors and American
Honda. Hugh Panero, the Chief Executive Officer of XM, will continue in his current role until the anticipated close of the merger.
The combined company will benefit from a highly experienced management team from both companies with extensive industry knowledge in radio, media,
consumer electronics, OEM engineering and technology. Further management appointments will be announced prior to closing. The companies will continue
to operate independently until the transaction is completed and will work together to determine the combined company's corporate name and headquarters
location prior to closing.
The combination creates a nationwide audio entertainment provider with combined 2006 revenues of approximately $1.5 billion based on analysts'
consensus estimates. Today the companies have approximately 14 million combined subscribers. Together, SIRIUS and XM will create a stronger platform
for future innovation within the audio entertainment industry and will provide significant benefits to all constituencies, including:
* Greater Programming and Content Choices -- The combined company is committed to consumer choice, including offering consumers the ability to pick
and choose the channels and content they want on a more a la carte basis. The combined company will also provide consumers with a broader selection of
content, including a wide range of commercial-free music channels, exclusive and non-exclusive sports coverage, news, talk, and entertainment
programming. Together, XM and SIRIUS will be able to improve on products such as real-time traffic and rear-seat video and introduce new ones such as
advanced data services including enhanced traffic, weather and infotainment offerings.
* Accelerated Technological Innovation -- The merger will enable the combined company to develop and introduce a wider range of lower cost,
easy-to-use, and multi-functional devices through efficiencies in chip set and radio design and procurement. Such innovation is essential to remaining
competitive in the consumer electronics-driven world of audio entertainment.
* Benefits to OEM and Retail Partners -- The combined company will offer automakers and retailers the opportunity to provide a broader content
offering to their customers. Consumer electronics retailers, including Best Buy, Circuit City, RadioShack, Wal-Mart and others, will benefit from
enhanced product offerings that should allow satellite radio to compete more effectively.
* Enhanced Financial Performance -- This transaction will enhance the long-term financial success of satellite radio by allowing the combined company
to better manage its costs through sales and marketing and subscriber acquisition efficiencies, satellite fleet synergies, combined R& and other benefits from economies of scale. Wall Street equity analysts have
published estimates of the present value of cost synergies ranging from $3 billion to $7 billion.
* More Competitive Audio Entertainment Provider -- The combination of an enhanced programming lineup with improved technology, distribution and
financials will better position satellite radio to compete for consumers' attention and entertainment dollars against a host of products and services
in the highly competitive and rapidly evolving audio entertainment marketplace. In addition to existing competition from free "over-the-air" AM and FM
radio as well as iPods and mobile phone streaming, satellite radio will face new challenges from the rapid growth of HD Radio, Internet radio and next
generation wireless technologies.
"We are excited for the many opportunities that an XM and SIRIUS combination will provide consumers," said Gary Parsons, Chairman of XM Satellite
Radio and Hugh Panero, CEO of XM Satellite Radio, in a joint statement. "The combined company will be better positioned to compete effectively with
the continually expanding array of entertainment alternatives that consumers have embraced since the Federal Communications Commission (FCC) first
granted our satellite radio licenses a decade ago."
"This combination is the next logical step in the evolution of audio entertainment," said Mel Karmazin, CEO of SIRIUS Satellite Radio. "Together, our
best-in-class management team and programming content will create unprecedented choice for consumers, while creating long-term value for shareholders
of both companies. The combined company will be positioned to capitalize on SIRIUS and XM's complementary distribution and licensing agreements to
enhance availability of satellite radios, offer expanded content to subscribers, drive increased advertising revenue and reduce expenses. Each of our
companies has a strong commitment to providing listeners the broadest range of music, news, sports and entertainment and the best customer service
possible. We look forward to sharing the benefits of the exciting new growth opportunities this combination will provide with all of our
stakeholders."
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.
SIRIUS's financ... [Message truncated]
View F
Strive For The Ideal, But Deal With What\'s Real.
Every day is a new day, better than the day before.(from some song)
Lord, Keep your arm around my shoulder and your hand over my mouth.
“The sincere pursuit of truth requires you to entertain the possibility that everything you believe to be true may in fact be false”
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MrBillM
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Great Press Release
It sounds as good as the press releases announcing the merger of Dish Network and DirecTV a few years back.
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Hook
Elite Nomad
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| Quote: | Originally posted by MrBillM
It was pointed out that the Approval process by the Feds could take up to 15 months and the fact that they are the ONLY two competitors in the market
would work against Approval.
Don't Hold your Breath. |
Wouldnt it be just like the Feds to block the merger.........and then have both companies fold.
I would think they would treat this like cable TV in its infancy.....it needs a little bit of coddling, even though it could be viewed as a monopoly.
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MrBillM
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Folding
That appears to be the argument that the two will make. Without a merger, one (or both) are destined to fail so the market would not benefit.
At one point, Both DirecTV and Dish made that same argument without success and, of course, it turned out not to be true. I think the Radio situation
is much more critical, though.
I would prefer that the merger not go through since XM is in the stronger situation and I don't want to inherit the costs of Howard and Okra, among
others which will, no doubt, give rise to rate increases.
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Hook
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We are already paying for Okra......she's on XM.
The LA Times had an editorial this AM in favor of the merger. Their reasoning is that sat radio is also competing against new technologies like
podcasting, internet radio, etc.
For me, the appeal of sat radio is its unbelieveable coverage area for traveling. And I dont need another device for downloading content.
I admit to knowing very little about podcasting and ipods but I dont see how these technologies could compete if one is interested in live events like
major league baseball, the NBA or NASCAR. Wouldnt you have to download the event AFTER it is complete and stay away from other news outlets so you
dont know the outcome?
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MrBillM
Platinum Nomad
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OH NO ! OKRA Bloat !
Dang, you're right ! I guess I missed that because my listening is limited to such a narrow segment of the offerings.
Track 4 (30s-40s), Track 5 (50s) and Fox News account for 95 % of my listening. When I'm away, my wife sneaks in the C & W stuff, but that gets
changed the minute I get back.
I would actually cancel the service if they did away with Track 4.
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bajajudy
Elite Nomad
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R&
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ursidae69
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Location: Youngsville, NM
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| Quote: | Originally posted by MrBillM
I would prefer that the merger not go through since XM is in the stronger situation and I don't want to inherit the costs of Howard and Okra, among
others which will, no doubt, give rise to rate increases. |
Interesting thought. I also don't want the merger to happen because I think Sirius has the stronger content quality and I don't want
to see it watered down by XM and Okra.
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wornout
Senior Nomad
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Location: San Felipe, Baja California
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My XM is better than your Ford, DirecTV is better than your Chevy, Apple Laptops are better than Cingular ..... and on and on.... One of the things I
agree on, the Feds will get in the middle of it and screw it up!
This Space Available, E-Mail Me If Interested.
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MrBillM
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Merger Mania
XM and Sirius may be sensing that the time is right.
It was pointed out earlier that the pace of mergers is likely to pick up in the next year since business feels that a change in the administration
might not be beneficial.
During GWB's term, there has been a record 5.7 trillion in merger activity. An all-time record.
[Edited on 2-21-2007 by MrBillM]
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beercan
Senior Nomad
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There you go agin --Bill
Cutting down my fried Okra!!What's next? My GRITS or my BUTTER BEANS ???
Actually ,I didn't buy either one of them because of the over-priced "performers" that they chose to feature!! stern makes me sick and opra is just
politically correct.
* libs, all about choice until you choose different
* B. Hussein Obama - an Empty Suit for Empty Minds.
* Annoy a liberal - Work hard and be happy!
* Arguing facts & truth to libs is like bringing a warm smile to a gun fight.
* Lets win the War on Terror
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MrBillM
Platinum Nomad
Posts: 21656
Registered: 8-20-2003
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EXPENSIVE Crap.
Since my subscription price on XM hasn't gone up as a result of their paying huge sums to Okra or others (?), I'm happy with the service. It is
irritating that they shell out all that dough before ever showing a profit. As I said before, I rarely listen to other than a few channels so I'm not
even aware of who else that they offer.
The 30s/40s music on XM makes it worthwhile, though. I usually listen to that channel almost the entire trip to and from Percebu and I rarely hear a
song repeated. The big problem in the past with the regular stations was the depth of their library.
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Ford
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I had and XM on the drive from san diego to cabo and it worked great almost the whole way down and once in the vacinity of San Jose half of the
channels quit working. Including the baseball I don't understand how that can
happen if you are on the sat. shouldn't they all work and if you have no recep. they won't...
Any insight?
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Lee
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| Quote: | Originally posted by Ford
I had and XM on the drive from san diego to cabo and it worked great almost the whole way down and once in the vacinity of San Jose half of the
channels quit working. Including the baseball I don't understand how that can
happen if you are on the sat. shouldn't they all work and if you have no recep. they won't...
Any insight? |
Define ''quit working?'' Did you lose signal? Is the receiver on but no signal? Is the receiver on with signal but no sound? Have you
checked all the connections? Has this problem happened before somewhere else?
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Marie-Rose
Senior Nomad
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Our XM unit quit getting reception just out of Loreto. Still no reception here in TS although we have not spent much time moving the antena around.
The unit says "loading" and then there is no recption!
Trip report coming once I can get the details of their trip!!
Remember, when in Mexico, yes may be no and no may be
maybe!
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