Cable / Telecom News

After the merger: satellite radio’s future remains up in the air

WASHINGTON – While the Sirius-XM merger process officially ended on Friday, the debate continues on whether satellite radio is any closer to becoming mainstream.After 17 months of deliberation and intense lobbying by broadcasters to halt the merger, the Federal Communications Commission approved the deal in a 3-2 vote after Sirius and XM agreed to pay $19.7 million in fines.It was Republican commissioner Deborah Taylor Tate’s vote that removed the final hurdle to the merger's completion. The companies voluntarily agreed to pay a combined $19.7 million in fines to settle FCC rule violations to gain her support. This includes locating towers in...