XM and Sirius Merger

Sporg · Post by **Sporg** » Tue Feb 20, 2007 8:28 am

I've been listening to XM for about 4.5 years now. This has been talked about in the past and I'll be suprised if they actually do merge.

Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc. expect their merger to close by the end of 2007, according to presentation slides for an analysts' conference call on Tuesday.

http://news.yahoo.com/s/nm/20070220/wr_ ... 7JCk8jtBAF

Post by **Apoptosis** » Tue Feb 20, 2007 9:07 am

I heard this last night on the national news... Interesting to say the least... I figured back in 2003 that XM would buy out Sirius, but man how things change.

My neighbor bout $30,000 in Sirius stock back in 2003 for like ~$0.70 cents a share and sold at damn near $8 a share...

That's roughly ~43,000 shares for $30,000 --- when he sold it at say ~$8 a share it was worth ~$343,000... I'll never forget it... I just got out of college and it was May 2003 and he told me to buy into it, but had no money at the time cause I was a college student... I'm happy for him though he was a lifer in the Navy and deserved it. Last I heard he's stationed in Japan and has picked another stock winner... lucky guy.

Sporg · Post by **Sporg** » Tue Feb 20, 2007 9:22 am

What kills me is that Sirius is around $1 Billion in debt... don't you usually blance your checkbook before buying? hehe

Yah, there have been a couple of stocks like that where I passed up an oportunity. UPS was like that, think it was a few years ago and their stock was in the tank, would have been a great time to buy.

stev · Post by **stev** » Tue Feb 20, 2007 12:09 pm

Apoptosis wrote:... Last I heard he's stationed in Japan and has picked another stock winner... lucky guy.

So what stock did he tell you to by now.

stev · Post by **stev** » Tue Feb 20, 2007 12:11 pm

One other thing missing in the poll is Internet Radio. That's one thing XM and Sirius are getting hammered by along with iPODs.

Sporg · Post by **Sporg** » Tue Feb 20, 2007 12:57 pm

Yah, I suppose I should have added those. I know that I listen to XM online at work, guess I'm just a fan of their programming.

camaroguy1998 · Post by **camaroguy1998** » Tue Feb 20, 2007 1:26 pm

I listen to Free Radio, and now with HD Radio theres more of it with less commercials!
When at home in front of the computer I listen to Live365 Internet Radio!

Gamble · Post by **Gamble** » Tue Feb 20, 2007 2:14 pm

Is one buying out the other? Or are they just going to sign some papers to become one company? It made the front page of the Chicago Tribune today.

Sporg · Post by **Sporg** » Tue Feb 20, 2007 2:27 pm

From what I gather it sounds like Sirius is trying to buy XM, but they are calling it a merger. This isn't the first time that Sirius has talked about it.

camaroguy1998 · Post by **camaroguy1998** » Wed Feb 21, 2007 2:42 am

Note on XM / Sirius merger or whatever it is......
Both operate on different formats that are NOT compatible!
IMHO, sooner or later the consumer is the one who will lose if this merger is allowed to happen!
They will probably either force all customers to one of the formats or.....
They may even create a new format and all customers will have to buy some kind of new equipment.

BTW.... Neither XM or Sirius has ever made a profit(thats what I read earlier today)

KnightRid · Post by **KnightRid** » Wed Feb 21, 2007 7:20 am

Free radio - mostly cds for me. Tried Sirius but I can not find an open channel on the radio to broadcast too, and I have no direct input

Mike

But good for you since it is for sale/trade

in the trade forum

Dreamcrusher · Post by **Dreamcrusher** » Wed Feb 21, 2007 9:51 am

In order to do this there are a bunch of people that they are going to have to sell the idea to. Satellite radio was only allowed back in 1997(or there abouts) on the condition that the two companies would never merge. Getting the green light for a monopoly is going to be tough for a company that make a person like Howard Stern the poster boy.
If this does happen, I think it's going to be funny to listen to Opie and Anthony kiss the butt of Howard. I've been listening to XM's O&A show for about two years now and all they have done is bash him.

Sporg · Post by **Sporg** » Wed Feb 21, 2007 10:03 am

I seriously doubt the boys will kiss Howard's rear. The way I understand it is they have always butted heads with Howie, even when they worked for the same company.

hainer36 · Post by **hainer36** » Wed Feb 21, 2007 10:12 am

I listen to niether satellite or AM/FM, its all CD's, got well over 400 hours of good tunes, and if i have to loop it, i will.

Antonik · Post by **Antonik** » Wed Feb 21, 2007 12:38 pm

I want a PC in my car and just listen to mp3s.

camaroguy1998 · Post by **camaroguy1998** » Wed Feb 21, 2007 1:17 pm

Antonik wrote:I want a PC in my car and just listen to mp3s.

They make plenty of car head units that will play MP3s
Burn 'em to CD and Voila, MP3s in your car!

atlr · Post by **atlr** » Wed Feb 21, 2007 3:46 pm

Sirius Likes:
1. the variety of music and spoken word shows

Sirius dislikes:
1. poor reception at my locations in Atlanta and New Orleans
2. music at 96 kbps just doesn't sound that good to me

I dropped Sirius and now listen to local High Definition FM broadcasts and podcasts via MP3 player using a $200 JVC HDR-1 in the car and a $150 Radio Shack Accurian HD Receiver in the house.

bigblockmatt · Post by **bigblockmatt** » Wed Feb 21, 2007 5:41 pm

i dont think it will go through. monopoly. aint gonna happen. of course i could be totally wrong.

when in my car, i have turn to books on tape (well, actually mp3 and play them through my mp3 player through the tape deck in my car.

When at work, i stream free local stations.

I would never pay for radio. I will live with some commercials.

Dreamcrusher · Post by **Dreamcrusher** » Wed Feb 21, 2007 5:46 pm

Sporg wrote:I seriously doubt the boys will kiss Howard's rear.

I don't know bud. They caved like a couple of little girls when Whoopie walked into their studio while they were bashing her new show. I think they'll do anything to keep that paycheck comin'.

Kougar · Post by **Kougar** » Thu Feb 22, 2007 3:35 am

Yeah, I agree ya needed an internet radio option!

Used to subscribe to XM, only quit because $7 a month was just another expense and I don't drive enough to warrant it, and it was a royal pain to try and get poor reception at the house. At the time they still charged for their own internet radio, but now both XM/Sirius offer free internet streaming radio for most of their stations. For hour+ driving it was great though, especially for major international news.

Since then I've discovered XM has this nasty habit of reactivating my account + radio and sending me 3-month package bills "by mistake", I guess they were pretty desperate.

Legit Reviews

XM and Sirius Merger

Satellite or Terrestrial Radio?

XM and Sirius Merger

tried Sirius for a couple years and dropped it for local HD