XM-Sirius Tout Support as Comment Period Ends
As the Federal Communications Commission’s one-month public comment period on the XM/Sirius Satellite Radio merger expires, the two companies have released a statement touting the support it has received from a wide variety of interest groups. Meanwhile, the record industry’s lobby has suggested conditions that it wants placed on the deal in order to protect the rights of music copyright holders.
XM and Sirius stated that the FCC has received 3,500 comments from individuals and 20 from organizations and businesses, including Circuit City, the NAACP, the League of Rural Voters, and the League of United Latin American Citizens. Sirius CEO Mel Karmazin, in the statement, said that the wide cross-section of support “plainly demonstrates that the combination of Sirius and XM is in the public interest.
Meanwhile, the Recording Industry Association of America, which lobbies on behalf of the music business, has its own ideas about the merger, CNET reported. The RIAA, in a comment of their own, urged the FCC to condition approval of the merger on continued protection against copyright infringement by the satellite broadcasters. They also asked that XM and Sirius pay higher royalties to the music industry.