What We Didn't Hear - Radio World

What We Didn't Hear

There was a lot we didn't hear today - such as marketing details and how soon cost savings from a merged company could be realized.
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There was a lot we didn't hear today - such as marketing details and how soon cost savings from a merged company could be realized.

Mel said the satellite company execs have begun reaching out to members of Congress and will visit the Hill next week.

Filings of the agreement would be submitted to the SEC and FCC within the next 20 to 25 days.

Related

Tiered Pricing Plans Described

Separately, Mel sought to clarify a new pricing scheme, a confusing part of past hearings. He said, “Today you pay $12.95” to get each service. If the companies merged, “We would create a lower price package.” He threw out a possible figure of $8.95 a month “or some lower price” and said the merged entity “would be willing to work with regulators” on that point.

What’s Next?

During a break I asked the chairman if he was still committed to trying to get a vote on media ownership by the last public meeting in December; he had no comment.