Radio

Testy XM-Sirius Hearings

By Patrick on March 1, 2007 9:47 AM

From the NY Post:

    If the terse exchange between Wisconsin Congressman Jim Sensenbrenner and Sirius Satellite Radio CEO Mel Karmazin is any indication, the road to regulatory approval for Sirius’ $11.4 billion merger with XM Satellite Radio will be antagonistic and bumpy.

    “You’re going to be a monopoly!” said Sensenbrenner, a Republican, of the proposed deal.

    “We would absolutely not be a monopoly,” Karmazin retorted with equal force.

Read the rest here.

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