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Filed under: Government/Legal On February 19th, 2007, rival satellite radio providers Sirius Satellite Radio and XM Satellite Radio announced a merger worth $5 billion. It was approved by shareholders last November, but many weren't confident the Justic Department would approve the merger of satellite radio's only two providers. Today it has done just that, removing one of the last obstacles to the holy union of these two companies. The feds' main justification for its approval is that the companies compete as much with other forms of radio (terrestial, HD, etc.) and entertainment as they do with each other, therefore, consumers will likely not be harmed satellite radio will still face stiff competition. If satellite radio is to survive the onslaught of in-car entertainment options, which will soon include the web itself , this merger is a must. Howard Stern (Sirisu), meet Oprah (XM). [Source: Engadget ] Permalink | Email this | Comments
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Filed under: Etc. , Tech , Chrysler , Dodge We may not know exactly which vehicles Chrysler will still be making by 2009, but we do know the automaker will offer Sirius Satellite Radio through 2017. Chrysler has had plenty of success with its Sirius offerings, so the long-term contract should come as no surprise. The take-rate for the audio technology across the Chrysler product line is a hefty 70%, and Sirius gave the Pentastar first crack at Sirius TV in the company's minivans and SUVs. Let's just hope that Chrysler's deals with interior suppliers don't last well into the next decade as well. [Source: AutoWeek ] Read | Permalink | Email this | Comments
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