FCC Approves Sirius, XM Satellite Radio Merger

After 17 months of negotiation, the Federal Communications Commission has approved the merger of XM and Sirius Satellite Radio. The two sat-rad providers have been tied up in merger talks since February 2007, and after a host of stipulations were laid out and some hefty fines paid, the final path to 900 channels of crap you won't listen to in your car is free and clear. Get ready all you satellite radio junkies, because in about three months, you'll be getting more throwaway channels than you can shake a stick at.

Jalopnik Snap Judgment:With conditions like a three year price freeze, the initial baby step of broadcasting each others' content, and opening up the tech standard so consumer electronics makers can provide new radios, this deal really is a huge win for the consumer. Hopefully the new company will even claw its way to profitability for the first time in the history of satellite radio. We're a bit wary of what happens once that three year mark is passed, as this is now a regulated monopoly, but the possibility of ten unwavering channels of "Sounds My Cat Makes" is pretty amazing. [WSJOnline]