A lot is riding on this. You can't just run away and elope in the corporate space.
Sirius CEO Mel Karmazin argued the obvious: The consumer would be better off with broader programming choices, and the resulting company won't be a monopoly given the new technologies springing up just about everywhere.
He may have a point. Companies such as Napster (Nasdaq: NAPS ) and Audible (Nasdaq: ADBL ) are aggressively marketing their audio subscription services. Any radio station can stream online or broker a deal for wireless handset broadcasting. Companies such as SanDisk (Nasdaq: SNDK ) and Microsoft (Nasdaq: MSFT ) will sell you portable players that allow you to create your own audio programming.
I still don't think the deal will pass. So when Tim Beyers let me know that he thinks the deal will ultimately clear the regulatory hurdles, I smelled a duel.
Where do you stand? That's what this duel is all about.
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