
In a July edition of CNN money, it was declared that federal regulators have now formally approved the merger of the nation's only two satellite radio operators. This brings to an end the 16-month long wrangling that was very closely watched by Wall Street and Washington.
These two radio stations have been at the forefront of the new radio revolution that gave listeners more control over what they listen to and what is made available to them. In the new digital age of mp3 music downloads, it was seen as a welcomed breathe of fresh air for music fans and listeners. Not everyone sees music as a free commodity and some music fans would pay to get control over their content delivery.
The deal means that Sirius Satellite Radio Inc. will be bought out by its rival XM Satellite Radio Holdings Inc. for an estimated $3.3 billion. This means that well over 18 million subscribers will now be able to continue to receive programming from both services uninterrupted. If you ask consumer groups this move is not good because it is seen as creating a monopoly in satellite radio.
Rap and hip hop record labels that aim to get their new rap songs delivered to an audience that gets to choose music will have to keep abreast of these latest developments to determine if they will still have the same opportunities for their artists.










