Monday, February 19, 2007

Sirius and XM Merger News

I got the following email today from Sirius, confirming the merger rumors:

February 19, 2007

To: SIRIUS Subscribers

Today is a very exciting day for SIRIUS customers. As you may have heard,
SIRIUS Satellite Radio and XM Satellite Radio are merging to form the nation's
premier audio entertainment provider.

This combination of our two offerings will benefit you - our loyal listeners.
As a single company, we'll provide superior programming to you every day with
the best of both SIRIUS and XM. Currently, XM and SIRIUS broadcast a wide range
of commercial-free music channels, exclusive sports coverage, news, talk, and
entertainment programming. Howard Stern. Oprah and Friends. The NFL. MLB.
NBA. ESPN. CNBC. Fox News. Additionally, the combined company will be able
to improve existing services such as real-time traffic information and rear-seat
video as well as introduce new ones.

After shareholder and regulatory approvals, we anticipate that the combination
will be finalized by the end of 2007. Until then, both companies will continue
to operate independently. We will continue to provide you with the
uninterrupted service - as well as the outstanding customer support - that you
have come to expect and enjoy from SIRIUS. We do not anticipate any changes in
your service during the merger process, however, please call our customer care
team on 1- 888-539-7474 should you have any questions.

We look forward to the many benefits this combination will offer and continuing
to make your listening experience an enjoyable one - offering more of the Very
Best Radio on Radio.

Stay tuned,

Mel Karmazin, CEO


If you don't know, now you know...

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