Merger of SIRIUS and XM Clears DOJ
SIRIUS Satellite Radio received approval from the U.S. Department of Justice to move forward with its proposed $4.59 billion buyout of XM Satellite Radio.
NEW YORK and WASHINGTON — SIRIUS Satellite Radio received approval from the U.S. Department of Justice to move forward with its proposed $4.59 billion buyout of XM Satellite Radio. The two satellite radio companies must now seek approval from the Federal Communications Commission (FCC), which ruled against a merger when it first granted the two companies operating licenses in 1997.
Ending a fourth month review, the U.S. Department of Justice (DOJ) concluded that the merger is not anti-competitive and will allow it to proceed. The decision was based on the recognition that there are still competitors in the market in the form of mobile phones with audio capabilities, traditional radio and MP3 player.
SIRIUS and XM officials, which are urging the FCC approve the merger, said the decision will bring lower prices and increased programming choices.
Since first announcing their intentions to merge, the public reaction to the merger of SIRIUS and XM has been staggering. Representatives from every possible stakeholder group in this debate have weighed in supporting the merger.
More F&I
Why Your F&I PVR Is Misleading You
Here’s a handy checklist of the numbers to track in 2026 instead.
Read More →
Auto Consumer Anxiety Presents Opportunity
A survey of U.S. drivers found the majority are concerned about finances and the economy, but those fears make many ready to buy vehicle-protection products.
Read More →
Humble and Hungry: 12 Rules for an F&I Life
Dustin Gingerich, with a decade in the F&I business under his belt, shares his thoughts on leadership, building trust with customers, and the importance of learning and innovation.
Read More →
Focus on the Opening
F&I managers must learn as much as possible about their customers, starting before they walk into their offices. The bulk of today’s consumers expect that, and good results will follow.
Read More →
F&I Reaches for the Sky
The increasingly important profit center continued making gains in the first quarter, according to StoneEagle data, ancillary products proving more popular as consumers hold onto their buys longer.
Read More →
Timing the Market Can Hurt Long-Term Program Performance
For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.
Read More →
The 90/10 Rule
In this video, Ryan Ruff explains the rule that elite sales professionals use to turn ordinary conversations into unforgettable customer experiences.
Read More →
Your Office Is Talking
What’s the atmosphere saying about you to your customers? You can make minor adjustments and additions that transform your space into one that creates trust with the people on the other side of the desk.
Read More →
F&I Training Fundamentals
How can auto dealerships help F&I managers fulfill their vital role in the most effective ways? Industry expert Rick McCormick shares his insights on the best ways to train these professionals and help them maintain good habits.
Read More →
Not Just Any Tire Will Do
More consumers and businesses are opting for all-season options for various reasons as safety, sustainability and convenience push practical change.
Read More →