More Sirius-XM merger news from the NY Times.
This time it's an article describing the CEO of Sirius Radio, Mel Karmazin. The article provides a nice description of Mr. Karmazin and his enthusiasm for a successful merger.
Last week, Mr. Karmazin took his campaign to win over lawmakers and regulators to Washington with his pitch that a single satellite radio company would mean more choice and lower prices for consumers — rather than create a foreboding monopoly, as his former chums in the terrestrial radio business contend.
Speaking before an antitrust task force of the House Judiciary Committee, Mr. Karmazin said he was shocked by the very idea that anyone would see a monopoly as the logical result of merging the only two satellite radio broadcasters. “There is no monopoly or duopoly,” he told the hearing. “That’s the most bizarre thing I have ever heard.”
No comments:
Post a Comment