Sirius and XM to merge

Normally I try to keep my blog reserved for internet-related topics (Social Networking, Google, Internet Marketing, etc), but this is a pretty major announcement that isn’t getting much attention. I spoke about this as a “what if” about a year ago at a seminar - people thought I was nuts.  :)

XM Satellite and Sirius Satellite announced Monday that they plan to join forces.

The deal, an all-stock merger worth about $13 billion, according to a statement, would create a single satellite radio giant with around 14 million subscribers.

The companies plan to reveal more details in a conference call on Tuesday.


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