Potential support of the proposed merger of the subscription satellite radio companies XM (Nasdaq: XMSR) and Sirius (Nasdaq: SIRI)

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  Americans for Tax Reform, along with the 60 Plus Association, today filed a   joint comment with the Federal Communications Commission (FCC) in support of the   proposed merger of the subscription satellite radio companies XM (Nasdaq: XMSR)   and Sirius (Nasdaq: SIRI). The merger will allow the satellite radio segment of   the competitive audio business to offer an even more appealing product that   consumers, those who choose to subscribe, can cater to their tastes and personal   styles.
 
  "This merger would create an appealing product for many   consumers interested in multiple audio options," said Grover Norquist, President   of Americans for Tax Reform. "The companies have broken new ground in offering   consumers the ability to block channels and receive a credit for what they have   blocked, without being forced by regulation to do so, therefore creating an   alternative that will appeal to people of all age groups and sensibilities."
 
  Satellite radio currently makes up only 3 percent of the crowded audio   entertainment market, but the combined product of XM and Sirius will, in a free   market, offer a more attractive product. Fans of all major professional sports,   shock-jocks and family friendly programming will be able to create packages that   appeal to their needs. And with the added attraction of being able to block   channels they find offensive and receive a credit back on those channels,   consumers, particularly those families with young children, will be able to take   advantage of the first market-created a la carte system in the entertainment   industry.
 
  "The voluntary a la carte system these companies have pledged   to implement is a prime example of the market working to attract new,   family-oriented audiences," continued Norquist. "This is a testament not only to   their commitment to families, but to the free market. No regulations were needed   to impose this concept; it came about out of a void in the market they think   exists. Kudos to them for this interesting and bold step in a new direction not   offered on terrestrial radio."
 
  Americans for Tax Reform (ATR) is a   non-partisan coalition of taxpayers and taxpayer groups who oppose all federal,   state and local tax increases.
 
  During morning trading shares are up 2%   to $3.09 with over 2 million in volume.
 
  As the saying goes...follow the money!

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