News Source: Stockwire - http://www.stockwire.com
June 21 - The National Council of Women's Organizations (NCWO), a coalition of over 200 women's organizations and representing over 11 million diverse and talented American women, today called on the Federal Communications Commission (FCC) to approve the proposed merger of XM Radio (Nasdaq: XMSR) and Sirius Satellite Radio (Nasdaq: SIRI).
"Today, satellite radio is a mere 3.4 percent of the overall radio market -- a market dominated by men. A stronger satellite offering can increase the audience for satellite radio," said Susan Scanlan, NCWO Chair. "A more affordable and more diverse satellite radio market would be valuable not only to our members, but also to women across the United States."
Satellite radio is home to a number of influential women. From Judith Warner to Candace Bushnell to broadcasting legends Barbara Walters and Oprah Winfrey, satellite radio offers women a unique perspective absent on everyday commercial radio and previously only accessible on television. With expanded choices and lower prices, satellite radio will develop into an even more attractive option for women nationwide.
"Expanding the audience and diversity of satellite radio programming would give women a better opportunity to access new sources of entertainment and enlightenment," added Scanlan. "Diversity in programming is a critical component of this merger, and should not be overlooked by members of the FCC Board as they begin their review process."
The NCWO joins several prominent and diverse national organizations such as the National Black Chamber of Commerce, Hispanic Federation, Latino Coalition, the League of Rural Voters, Women Impacting Public Policy, League of United Latin American Citizens (LULAC) and Women Involved in Farm Economics, among others in supporting the efforts of satellite radio to bring greater competition, lower prices and diverse programming to American consumers.
The National Council of Women's Organizations (NCWO) is a nonpartisan, nonprofit coalition of more than 200 women's organizations across the nation collectively representing over eleven million women. For years, NCWO has convened the leadership of major women's organizations dedicated to focusing on national issues and public policy agendas affecting women.
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