WASHINGTON, DC – The National Association of Broadcasters released the following statement today with regard to the FCC's Notice of Proposed Rulemaking concerning the proposed monopoly merger of XM and Sirius Satellite Radio.
The following statement can be attributed to NAB Executive Vice President Dennis Wharton:
"NAB is pleased the FCC is asking tough questions about this proposed government-sanctioned monopoly. We're hopeful that in the final analysis, regulators will conclude that competition serves consumers better than a monopoly, particularly when XM and Sirius have said repeatedly that they are not failing businesses."
The National Association of Broadcasters is a trade association that advocates on behalf of more than 8,300 free, local radio and television stations and also broadcast networks before Congress, the Federal Communications Commission and the Courts. Information about NAB can be found at www.nab.org.