Commentary: Radio broadcasters fear merger of Sirius and XM

September 02, 2008 From the way the National Association of Broadcasters objected to the merger of satellite radio companies Sirius and XM, it's obvious they feared that the strength of a singular celestial competitor would weaken their terrestrial businesses. [...] it's not the fault of those pesky Republican FCC commissioners who approved the merger of Sirius and XM, nor can you blame Mel Karmazin, Howard Stern, faulty satellite radio receivers that caused interference or any other red herring. Radio One is down 30%, Cumulus Media is off 45%, Regent Communications is down 43%, Westwood One has fallen 63%, Entercom Communications is down 53%, Citadel Broadcasting is off 56% and Salem Communications has fallen 72%.

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