NABOB Files Against XM-Sirius Merger
July 10, 2007 at 3:22 PM (PT)
THE NATIONAL ASSOCIATION OF BLACK OWNED BROADCASTERS has filed its Petition to Deny the XM-SIRIUS merger. NABOB tells the FCC that the satellite services' merger proposal "is analogous to the application filed by ECHOSTAR and DIRECTV to create a monopoly in the direct broadcast satellite service, and, therefore, it should be denied for the same reasons cited by the Commission" in that case.
NABOB also points out the failure of XM and SIRIUS to comply with the Commission's mandate that they develop an interoperable receiver for both services, and says that the merger would "provide a negative precedent" for further media consolidation which "has already resulted in a significant loss of minority ownership in the broadcast industry."
Read the filing by clicking here.
Meanwhile, XM and SIRIUS said that at the close of phase one of the FCC public comment period on MONDAY afternoon, pro-merger comments had come in from COMPETITIVE ENTERPRISE INSTITUTE, CRUTCHFIELD CORPORATION, FREE STATE FOUNDATION, FRANK SINATRA ENTERPRISES, HONDA, ED MEESE and JIM GATTUSO at the HERITAGE FOUNDATION, LORAL SPACE & COMMUNICATIONS, THE PROGRESS & FREEDOM FOUNDATION and STEVEN VAN ZANDT.