Sirius/XM On HD Radio: See? It's Competition!
March 23, 2007 at 1:32 PM (PT)
SIRIUS SATELLITE RADIO and XM SATELLITE RADIO issued a joint statement on the FCC's issuance of its final rules for HD RADIO, saying, "The FCC decision underlines that HD RADIO on the AM/FM bands provides a real alternative to satellite and that the current audio entertainment market is broad, robust and competitive. The decision will raise competition to a new level by stimulating the growth in HD RADIO stations (now 1,200), enhancing its offerings to consumers and establishing a process for free radio to offer a paid subscription service for the first time."
The FCC decision underlines that HD Radio on the AM/FM bands provide a real alternative to satellite ...
SIRIUS CEO MEL KARMAZIN has been raising HD RADIO and its capability for subscription services as an example of the competition between terrestrial and satellite radio, most recently at this week's Senate antitrust panel.