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Wall Street Journal Reports Approval of SIRIUS/XM Merger
July 23, 2008 – This is a surprise to some, not so much for others. The Wall Street Journal is reporting that the Sirius/XM merger will happen.
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Natalie Cole has Hepatitis C
 July 23, 2008 – Our thoughts go out to Natalie Cole today. The singer has just been diagnosed with Hepatitis C. In a statement from her publicist the singer said, “I’ve been so fortunate to have learned so much from my past experiences,” More
Roselyn Brown Shares her Best Nights!
 July 29, 2008 – Roselyn Brown is pumped! The Smooth Jazz flautist/vocalist has just had her CD release party for her great new ‘Emancipation’ CD, “A great deal of work goes into making an event like this happen!” More. |
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The paper says Republican Commissioner Deborah Taylor Tate agreed to the merger on certain conditions – certain enforcement issues about the satellite radio companies and a combined fine of $20 million. Up until now Tate had not voted on the deal.
Earlier today FCC Democratic Commissioner Jonathan Adelstein agreed on the union without any additional concessions although last week his concessions included dedicating more channels to minority groups. When the dust settled today Tate was left with the deciding vote. – By John Beaudin |
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Lewis Paying Tribute to Abraham Lincoln
 July 27, 2008 - A musical piece paying tribute to next year's 200th anniversary of President Abraham Lincoln's birth (1809). The musical composition will get its inspiration from Lincoln's life and musicians from the 19th century. More
The LaBelle Reunion, Will It Really Happen?
 July 27, 2008 - Trio Labelle, including famous singers Patti LaBelle, Nona Hendryx and Sarah Dash is reunited after 32 years and is currently in a studio working on their next still untitled album. More |
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XM and Sirius
Could Join Soon
July 7, 2008 – The feds could approve the Satellite giants union real soon. Word is Sirius’ deal to buy rival XM could be cleared this month.
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Hathaway To Open Detroit Jazz Fest
 July 24, 2008 - Performers have been announced for this year's Detroit International Jazz Festival, set to to take place from August 29 to September 1 , 2008. More
Stewart Lookin’ to Kick Jude Law’s Ass
 July 23, 2008 – Every dad gets a little possessive when someone hurts his little girl. Rod Stewart is in a fighting mood on hearing his daughter Kimberly’s ex, Jude Law is rebounding with Lily Cole. More. |
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The problem is the longer it takes the harder it is on XM to survive to get new subscribers and to cover operating costs. Slumping new car sales and rising gas prices have not helped. Word is traditional broadcaster have been putting the breaks on the deal lobbying for more reviews on the case. The whole deal is also hurting XM who is dealing with high interest costs on the deal. XM just refinanced $400 Million of its debt. Could XM and Sirius survive separately? Sure, but XM would have larger challenges when the dust settles.
The impending merger is very political and hot topic for broadcasters on both sides. This week a group of state Attorney Generals made a last ditch effort to oppose the merger. They say the union would deal a “Stacked deck” to consumers– by John Beaudin |
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The
Price of XM Goes Up
 March
5, 2005 - XM Radio, home to the highly-acclaimed Smooth/Contemporary jazz channel
"Watercolors", is raising its monthly subscription rate from $9.95/month
to $12.95/month. XM's competitor, Sirius Satellite Radio, which also has a Smooth
Jazz-formatted channel, "Jazz Café", also charges $12.95/month
for its service. - NL
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