Just in from Outer Space

Turning for a moment to the now super-hot realm of satellite radio, the NY Post and a few other places yesterday reported word that Florida Avenue-based XM Satellite Radio and its (one) competitor Sirius are in talks for a merger. Or, at least it’s possible. The talks, which have occurred from time to time, are being taken to a new level with the hiring by Sirius of former Viacom prez Mel Karmazin. As one source told the NY Post: “Mel is a roll-up guy, a deal guy.”

The NY Post explains that a merger between the as-yet-unprofitable networks would help alleviate widespread fears of “irrational” price wars and large marketing budgets.

Meanwhile

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