Breaking: XM-Sirius merger approved
CNNMoney.com is reporting that the U.S. Justice Department approved the merger between satellite radio companies Sirius and XM Monday, more than a year after the two companies first announced their deal.
We’ve been waiting for the DOJ to determine whether an XM-Sirius merger was anti-competitive, or if other media companies such as Clear Channel, CBS, and even Apple served as genuine alternate options for music and media customers, according to the article.
The FCC must also approve the deal before it’s finally a go.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in