Sirius-XM Merger Approval May Hinge Upon FCC’s Tate
Sirius Satellite Radio Inc. bid to buy XM Satellite Radio Holdings Inc. may depend on a regulator who says she sometimes struggles to find a balance between the needs of consumers and industry.
Deborah Taylor Tate, one of three Republicans on the five- member Federal Communications Commission, may be the swing vote as the agency considers whether to approve the merger of the only two U.S. pay-radio companies, and under what conditions, said Stifel Nicolaus & Co. analyst Blair Levin.
“It’s not clear what she would want,” said Levin, a former FCC chief of staff who is based in Washington. Republican FCC Chairman Kevin Martin recommended approval of the merger on June 16, and the remaining Republican member, Robert McDowell, “pretty clearly” will vote for the takeover, Levin said.
In the mean time all we can do is sit back and play the waiting game while the NAB continues to stall the merger.
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One Comment on “Sirius-XM Merger Approval May Hinge Upon FCC’s Tate”
Who cares what she wants, I will tell you what she wants, she wants to represent the people and the people want the merger to happen, they also want this fcc board to resign, be fined, and serve prison time.