Satellite radio saga takes unexpected turn
WASHINGTON (AP) - During his tenure at the Federal Communications Commission, Jonathan Adelstein has been a fierce critic of government policies that allow big media companies to get bigger. So it came as a surprise when the Democratic commissioner put forth a proposal that would allow the nation's only two satellite radio companies to merge.
Adelstein, the potential deciding vote, told The Associated Press on Thursday that he would support Sirius Satellite Radio Inc.'s $3.1 billion buyout of XM Satellite Radio Holdings Inc. if the companies agree to a six-year price cap and make one-quarter of their satellite capacity available for public interest and minority programming, plus other conditions.
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