Martin Asks For Last-Second Input On Satcaster Merger
July 11, 2008 at 2:00 PM (PT)
FCC Chairman KEVIN MARTIN is doing some last-minute clean-up of sorts, on the long-delayed SIRIUS-XM merger by asking fellow commissioners to formally submit proposals on it, CNN MONEY reports. "I think some of the commissioners do have concerns about the transaction, and all I'm saying is if they have concerns, they need to articulate what they would like to see done about it," he said at a FRIDAY press conference.
MARTIN has already floated a sign-off on the merger should the parties commit to a series of conditions, led by a three-year subscription price freeze and reserving 24 channels for minority and public programming. At the conference, he hinted that he may be open to additional conditions.
As to what those added conditions might be, MARTIN would only note that the other Commissioners "said they've got issues and concerns about it, but they haven't necessarily proposed this is how they want them to be added."
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