Karen
2007-07-23 15:59:38 UTC
NEW YORK (Reuters) - Sirius Satellite Radio Inc. and XM Satellite
Radio Holdings Inc. said on Monday they would offer a subscription
package priced 46 percent below current levels, and would also let
customers buy packages of their favorite channels, after their
proposed merger.
The planned "a la carte" programming would be available beginning
within one year following the merger, which the companies hope to
complete later this year.
The deal, which faces strong opposition from traditional radio and
some lawmakers, must still past regulatory hurdles.
(Reporting by Franklin Paul
45 minutes ago)
Radio Holdings Inc. said on Monday they would offer a subscription
package priced 46 percent below current levels, and would also let
customers buy packages of their favorite channels, after their
proposed merger.
The planned "a la carte" programming would be available beginning
within one year following the merger, which the companies hope to
complete later this year.
The deal, which faces strong opposition from traditional radio and
some lawmakers, must still past regulatory hurdles.
(Reporting by Franklin Paul
45 minutes ago)