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Parsons and Davis featured Saturday Interview at NYT

XM’s Parsons and Davis

Although Sirius’ own Mel Karmazin has been the public face of the merger, today’s “Saturday Interview” at the New York Times features XM’s Chairman, Gary Parsons, and President and acting CEO Nate Davis on the topic of the merger.  There is some interesting bits in this short article.

http://www.nytimes.com/2007/09/15/business/15interview.html?_r=1&ref=business&oref=slogin

My favorite line came from Mr. Parsons about the NAB’s opposition. He said, “The most extraordinary thing has been the visceral nature with which the N.A.B. jihad has progressed against the merger.”  He certainly isn’t one to hide his true feelings!

They also deal (somewhat superficially) with channel availability and pricing, post merger, with Davis saying, “You will be able to pick the channels you want, all at various prices. That’s not something we can do if we do not merge. “[Emphasis mine]

Overall, a good read.

Posted by RoadRunner on Saturday, September 15th, 2007 at 10:59 am.
Filed in NAB, DARS, Merger, Interview, FCC, Satellite Radio, Stocks, XM, Sirius vs XM, Sirius.
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Comments:

  1. Parsons can throw around inflammatory terms like "jihad" but that won't obscure the fact that an XM/Sirius merger would create a monopoly, and a monopoly is never in the best interests of the consumer. by Nabisco
  2. Quote:
    Originally Posted by Nabisco View Post
    Parsons can throw around inflammatory terms like "jihad" but that won't obscure the fact that an XM/Sirius merger would create a monopoly, and a monopoly is never in the best interests of the consumer.
    Never?!?

    NAB can throw around inflammatory terms like "monopoly", but that doesn't obscure the fact that XM and Sirius are no more substitutable for each other than any of the other providers in the audio entertainment market. by RoadRunner
  3. In no way does the merger of Sirius and Xm create a "monopoly". The NAB and the CC terrestrial radio monopoly will pay handsomely to get you to believe it though. They are the only true monopoly that needs to be broken up. by hazzar
  4. Quote:
    Originally Posted by hazzar View Post
    In no way does the merger of Sirius and Xm create a "monopoly". The NAB and the CC terrestrial radio monopoly will pay handsomely to get you to believe it though. They are the only true monopoly that needs to be broken up.
    Oh my, the koolaid must be good today. No way it creates a monopoly? Apparently you didn't study business in school.

    Not that I believe the merger will be approved, but hypothetically speaking, I can't wait for all the whiners to start complaining how the merger screwed up the competition of the former rivals, or how the selection sucks, or how to really get the programming they want they'll have to pay much more than they every had to, and they have nowhere else to go and can't switch providers. by HomieG
  5. Quote:
    Originally Posted by HomieG View Post
    Oh my, the koolaid must be good today. No way it creates a monopoly? Apparently you didn't study business in school.

    Not that I believe the merger will be approved, but hypothetically speaking, I can't wait for all the whiners to start complaining how the merger screwed up the competition of the former rivals, or how the selection sucks, or how to really get the programming they want they'll have to pay much more than they every had to, and they have nowhere else to go and can't switch providers.
    Right. Because if it weren't for the competition that XM provides, Sirius would have shallow playlists, replace popular/niche stations with a bunch of payola-inspired single artist channels, and do a terrible job with the dance channels. They might even be motivated to overpay for has-been shock jocks. Thank goodness we have competition from XM to keep them in line!!

    ...or maybe, just maybe, those who've said for years (long before the merger was even considered seriously) that AM/FM are the enemy, not XM, were right all along. by RoadRunner
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