I wonder what channels Sirius-XM will drop when they are eventually forced to lease the bandwidth?
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Radio Ink - The Voice of Radio Revolution
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Radio Ink - The Voice of Radio Revolution
WASHINGTON -- December 1, 2008: Sirius XM Radio had until November 28 -- four months after the XM-Sirius merger that created the company was approved by the FCC -- to lease 4 percent of their channels to qualfied third parties, but the FCC's Media Bureau has now, on its own motion, extended that deadline to February 27, 2009.
As a condition of their merger, XM Satellite Radio and Sirius Satellite Radio voluntarily agreed to put 4 percent of their full-time channels in the hands of qualified third parties through long-term leases or other agreements.
The FCC said in an order released Friday, however, that in light of commenters' concerns about the mechanics of the lease administration and the FCC's own commitment to determine the details of the lease condition "at a later date," it now needs to extend the deadline to give the commission time to work out exactly how the condition will be implemented.