"My rule of life prescribed as an absolutely sacred rite smoking cigars and also the drinking of alcohol
before, after and if need be during all meals and in the intervals between them." - Winston Churchill

Hear Here

"Information is moving -- you know, nightly news is one way, of course, but it's also
moving through the blogosphere and through the Internets." - George W. Bush

Tuesday, March 25, 2008

Boardwalk, Parkplace, XM & Sirius

Maybe I can win Westminster; Uno did.

Well, it happened. The Department of Justice (DOJ) blessed the merger between XM Satellite Radio and Sirius Satellite Radio by determining that this was not creating a monopoly of the only two business that exist in satellite radio.

Pronunciation: m&-'nä-p&-lE
Function: noun
Inflected Form: plural -lies
1 : exclusive control of a particular market that is marked by the power to control prices and exclude competition and that esp. is developed willfully rather than as the result of superior products or skill —see also ANTITRUST Sherman Antitrust Act in the IMPORTANT LAWS section
2 : one that has a monopoly

You know what I hope? I hope the Federal Communications Commission (FCC) doesn't green light a Megalomaniac, Mel Karmazin, to tear down a good business like XM. The group that pioneered satellite radio in the 1st place and who still has a larger market share, despite expensive acquisitions like Howard Stern, NASCAR and the NFL packages, by Sirius.

Yes; Howard Stern is a package. He's not a very large one. Small, kind of like the return the investors of Sirius received when Howard was given the entire bank; a Mel decision.

Hey Mel, if it ain't broke don't fix it. XM has great content don't screw around with it. Hire a good CFO and Program Manager that won't kiss your ass.