NAB Weighs in on DOJ Approval of Sirius XM
The NAB issued the following statement today regarding the Justice Department’s approval of the Sirius-XM merger and following statement can be attributed to NAB Executive Vice President Dennis Wharton:
“We are astonished that the Justice Department would propose granting a monopoly to two companies that systematically broke FCC rules for more than a decade. To hinge approval of this monopoly on XM and Sirius’s refusal to deliver on a promise of interoperable radios is nothing short of breathtaking.”
HMM…Seems that the NAB has not really been following the marketplace or the sentiment of consumers throughout this process. Well, I should not act surprised by this…terrestrial radio has ignored the desires of consumers for quite some time..why should they change now?
NAB Statement
Position – Long Sirius, XM
I enjoyed watching Cramer today, and I DID shoot an e-mail to the FCC. In particular, I question what gives Georgetown Partners the right to any spectrum at all? This smacks of the job rigging and giveaways of the 1970’s. Why isn’t the NAB coming down on them since they will be direct competitors by advertising on satellite radio??