Competition, we've got your STEENKIN competition!
Alas, the whole reason the XM-Sirius merger has become a political hot-potato is because there IS competition to them - competition that has been failing to hold up their end of their FCC licenses. I'm talking about terrestrial radio broadcasters.
Terrestrial radio (T-radio) has undergone a huge transformation in the past decade: it has become more and more homogenized and far more limited in choice, higher in commercial density, and lacking anything more than "jock humor" morals. Yet the revenues for T-radio have continued to plummet - mainly because T-radio continues to alienate their audiences and has failed to address challenges from mp3 players, satellite and internet radio.
Rather than reform T-radio into a 21st. century entertainment medium, the National Association of Broadcasters (radio's equivalent of the RIAA) has used the legislative process to cripple or kill competitors. Internet radio's upcoming demise was perpetrated by T-radio insuring that a very strong, growing competitor was forced into an impossible economic situation. Understand here: T-radio pay NO royalties on music broadcast - content is FREE to them - yet Internet radio was enough of a threat for T-radio to push some way of killing the competitor. (And, yes, they DO influence RIAA directly: how else does radio get away with paying no content royalties?)
Now T-radio is aiming for the only real broadcast competition left: Direct Broadcast Satellite (DBS).
Both Sirius and XM are still hemorrhaging money. Merging them together will not solve this problem - unless they TRULY are taking customers away from T-radio. If DBS *IS* taking customers away, then T-radio needs to do something about it - like truly delivering content the customers want.
Besides, if you look at the numbers - DBS subscribers vs. T-radio customers (determined by market shares by Nielsen and others) - T-radio has by far more customers than even a combined Sirius-XM. Monopoly? What monopoly? A monopoly only exists when there is only one CHOICE for a particular service. If the "choice" is DBS ONLY, well, that's a problem. On the other hand that's like saying "SUN is a monopoly, because there is only one choice for SPARC-based systems". Cable and telco are still "true" monopolies: most areas have one "choice" for cable services and one "choice" for subscriber loop connections.
If you look at choices for "audio entertainment" there are MANY available. T-radio is far, far closer to a "monopoly" than any DBS or other entertainment service: not only are they granted free content, but how many other entertainment services come pre-installed in autos, buses, trucks, etc? Yes you can get XM or Sirius, but when was the last time you saw a vehicle that did not have a T-radio already installed? (BTW, this "captive commuter" market is the REAL demographic that is being fought for here: this is where T-radio as well as DBS make their real money.)
No, this is another one of those insidious schemes by a special interest group (NAB) to eliminate another competitor without getting blood (or money) on their hands. If T-radio was in good health and taking care of its customers, all a merger of Sirius and XM would do is hasten their demise.
On the other hand, if the merger does FINALLY force T-radio to fix its problems and offer real programming choices, then it is a benefit to ALL consumers.
And, on the third hand, as I pointed out in an article in "Radio Broadcast Review", I predict that by 2015 most "radio" will be carried by the "Big 4" entertainment networks (at&t, Sprint, Verizon and Microsoft) directly to cell-phone "radios", supplemented by "localcast" via WiFi or WiMax from business and individuals over very short range. DBS spectrum will be reallocated for something useful (like Dept. of Transportation TrafficWatch broadcasts) and the T-radio spectrum will be returned to the Amateur Radio Service for experimentation.
That's my Euro's worth. Hope it helps.