This escaped my attention last week as I was hypnotized by shiny silvery things at PMA, but it's worth noting: Those subscription discounts XM and Sirius have been promising if their merger is approved are compared with the current combined rates for both services.
Sirius CEO Mel Karmazin told Congress last week that a combined XM-Sirius would charge "well below" the $25 you'd have to pay to get both services today. Which nobody does.
Karmazin wouldn't say how much "well below" is, but he seemed OK with the idea of a $10 "discount."
Which means a current Sirius subscriber like me -- who signed up for the service mainly to have a decent jazz station and to time-shift NPR programming -- would pay $3 a month more for a handful of XM channels I don't care about.
Well, maybe a few Brewers games. But I'm still righteously steamed.
Satellite Radio Continues The Congressional Tap Dance[SeekingAlpha]
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