XM And SIRIUS Radio Merging 301
lenny6998 writes to tell us Yahoo! News is reporting that XM and Sirius Radio, the only two major players in the relatively new market of subscription satellite radio have announced a merger. "The two companies said in a statement that Mel Karmazin, the CEO of Sirius, would become chief executive of the new company while Gary Parsons, the chairman of XM, would remain in that role."
Look up... waaaaay up (Score:5, Funny)
Re:Oligopoly (Score:1, Funny)
Re:Satellite Radio is sooooo 2002. (Score:3, Funny)
Quote of the day.
Reminds me of the Onion article (Score:2, Funny)
Saturday, Jan 1, 2000
UNITED NATIONS - In a multimedia press conference held Friday at the U.N., top executives from the world's three remaining corporations announced a final merger, uniting the planet's financial resources under the newly created OmniCorp.
Under the terms of the record $9.2 quadrillion merger, the Global Tetrahedron Conglomerate gains controlling shares of its two final competitors, Time-WarTurABCDis-SonylumbiaAT&T and GM-LockheedZweibSKGBank, creating what company spokespersons called "an unstoppable juggernaut wielding unparalleled wealth and power."
As a cost-saving measure, dealmakers also negotiated the absorption of all world governments into OmniCorp, making the corporate behemoth the sole ruler of mankind.
"We stand at the close of a century of progress and at a dawn of a new millennium," said OmniCorp spokesperson Ed Rohl. "One hundred years ago, the average working Joe was at the mercy of the big corporate trusts. Now, as a new century looms, we can celebrate just how far we have come."
Key members of OmniCorp's board of directors, including Walt Disney, were cryogenically unfrozen and revived by a team of shadow-government technicians. They are expected to assume overlord duties as early as Thursday.
Re:Oligopoly (Score:5, Funny)
Re:Finally (Score:5, Funny)
Art will introduce us to the shadow people, then Stern will ask them to show us their boobs.
Re:Guess it was just a matter of time... (Score:4, Funny)
Something I've always wanted to do. (Score:2, Funny)
Not just listen to advertisements, That's not enough of a contribution.
Oh, and I wanted it to sound like it was in a box, with lots of neat clipping and compression artifacts, instead of free fuzzy fm frequencies.
Re:More Bandwidth? (Score:3, Funny)
L'il Conner gave his mommy an XM for christmas, too bad it don't work under water.
Re:what you brought from home = infinity (Score:2, Funny)
Re:Guess it was just a matter of time... (Score:2, Funny)
Somewhat disappointing I must say
You're lucky the ad wasn't for a Mediterranean cruise featuring male prostitutes, methamphetamine, and only the most supple choir/altar boys. After all, we do understand the religious demographic very well, notwithstanding the image they'd rather be associated with.