Dec
7th

Congressman Changes Mind on Sirius-XM Merger

Rep. Gregory Meeks (D-NY) originally supported the merger between satcasters SIRIUS and XM, but the New York congressman has had a change of heart.

Meeks indicated he was swayed by Georgetown Partners LLC’s argument against the merger.

He voiced his opposition to the merger in a letter to the FCC.

Meeks writes, “By allowing a minority-controlled entity to be the lessee, the Commission would serve the public interest by achieving diversity of ownership in this large medium as well as enhanced minority media ownership in general - two areas that the Commission has been asked to address.”