LULAC Reiterates Support Of XM-Sirius Merger
May 29, 2007 at 6:50 AM (PT)
The LEAGUE OF UNITED LATIN AMERICAN CITIZENS issued a press release TUESDAY reaffirming its support of the XM-SIRIUS merger.
The press release admitted, "In most cases, LULAC would support the maintenance of strong competition between two providers in a relevant market. But here there are considerable benefits from the proposed merger that we believe outweigh any countervailing concerns. With expanded choices and better prices, satellite radio will be an even more attractive option for consumers, and this ultimately benefits the growing Latino community in every part and section of the country and this is something that LULAC believes is clearly in the best interest of the community."
"This is obviously important to LULAC, and this is likely to provide both Hispanic programmers and consumers with opportunities and choices," said LULAC National President ROSA ROSALES. "More programming means that the ever diverse American consuming public can look to Satellite radio for news and entertainment."
Said Exec. Dir. BRENT WILKES, "More programming means more jobs -- from the on-talent to production crews. And more programming means that the ever creative and entrepreneurial American spirit has yet one more potential outlet and distribution channel."