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FOR IMMEDIATE RELEASE
July 25, 2008

NAB Statement on FCC Approval of XM-Sirius Monopoly

WASHINGTON, DC – Upon learning of the Federal Communications Commission's approval of the proposed monopoly-merger of XM and Sirius Satellite Radio by a 3-2 vote, NAB Executive Vice President Dennis Wharton issued the following statement:

"Today's vote certainly comes as a disappointment to NAB. We continue to believe that consumers are best served by competition rather than monopolies."

About NAB
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.

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