Tuesday, February 20, 2007

sirius/xm radio merging

If i was a gambling man, I would bet my house on satellite radio in the future. Sattelite radio has been introduced since ten years ago, and it hasn't expanded like most people would like. Sattelite radio is a great idea, good music, limited commercials, something Americans in rush hour traffic thrive for. But now that there is no competition and it is a monopoly, the xm/sirius company will have more than twice the customers. As much as it helps the company, it will most likely hurt the consumers. Obviously the monopoly will allow them to inflate the prices as consumers have no choice if they want commercial free radio.

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