Sirius purchases XM

Now that Sir­ius has pur­chased XM (pend­ing reg­u­la­tory approval, not that the Bush FCC will say no), I can now safely pre­dict the future:

1. Mas­sive lay­offs as redun­dan­cies are eliminated
2. Small but reg­u­lar increases in prices
3. Elim­i­na­tion of low-rated niche programming

If you’re think­ing this sounds like the cable TV/cellular phone indus­try, you’re correct.

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