An analyst this week told clients that XM and Sirius have agreed to lease eight channels to minority owners should their merger be approved.
The satcasters also agreed to price controls, according to analyst George Reed-Dellinger.
The satcasters weren’t commenting. They plan to release their first quarter financial reports on Monday.
The FCC has approved another protective order for documents submitted by the satellite radio companies in their bid to merge.
Several articles this week have mentioned that consumers are confused over subscription prices for satellite radio now, and later, should a merger go through.
The FCC delayed a vote this week on initiatives designed to increase media ownership by minorities and women.
Action paves the way for satcaster to satisfy a condition of merger approval
Getting Women, Minorities On The Ownership Ladder
FCC again pushes the date back, citing concerns raised about the mechanics
It’s now been five months since the satellite radio companies said they wanted to merge, and Wall Street analysts say the likelihood of the deal passing regulatory muster is uncertain, leaving investors in limbo.
If the two satellite radio companies merge, they would need to support two separate technology platforms until about 2016.
Robert McDowell says he hears the hollers: "We have been yelled at about the Iraq war, global warning, the tyranny of America's copyright laws and the need to legalize drugs," so said the FCC Commissioner in discussing the commission's media ownership hearings.