Comments on: Sirius XM rumored to raise pricing by spring 2009 http://www.slashgear.com/sirius-xm-rumored-to-raise-pricing-by-spring-2009-2031191/ Feeding Your Gadget and Tech Obsessions Thu, 17 May 2012 17:46:00 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: SiriusBuzz http://www.slashgear.com/sirius-xm-rumored-to-raise-pricing-by-spring-2009-2031191/#comment-58431 SiriusBuzz Wed, 21 Jan 2009 05:02:30 +0000 http://www.slashgear.com/?p=31191#comment-58431 I posted earlier today that this was not a rumor and now I can unequivocally say that it is confirmed: http://siriusbuzz.com/sirius-xm-rate-increase-for-march-11th-confirmed.php

]]> By: SirJeff http://www.slashgear.com/sirius-xm-rumored-to-raise-pricing-by-spring-2009-2031191/#comment-58418 SirJeff Tue, 20 Jan 2009 20:14:58 +0000 http://www.slashgear.com/?p=31191#comment-58418 What the FCC terms don’t state is that they must keep the same price for “additional” receivers and their Internet streaming. Sirius can, and probably will, raise the prices for additional receivers and Internet streaming.

]]> By: Joe Kleon http://www.slashgear.com/sirius-xm-rumored-to-raise-pricing-by-spring-2009-2031191/#comment-58416 Joe Kleon Tue, 20 Jan 2009 18:43:13 +0000 http://www.slashgear.com/?p=31191#comment-58416 FWIW, whoever that is at Digital Radio Central needs to do their homework. Sirius and XM agreed to FCC terms that prevents them from increasing their prices for 3 years from the close of the merger. The soonest they can raise their prices is on July 29, 2011.

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To address concerns about such potential price increases, Applicants have voluntarily committed to cap the retail prices on their basic subscription package and on the new programming packages that they voluntarily commit to offer. Specifically, Applicants voluntarily commit to not raise the retail prices on their basic $12.95 per month subscription package, their a la carte programming
package, their “best of both” programming packages, their “mostly music” and their “news, sports, and talk” programming packages, and their discounted family-friendly programming package. Applicants voluntarily commit to these price caps for at least 36 months after consummation of the merger.

We accept this voluntary commitment and conclude that it will mitigate the harm from any post-merger price increases. In addition, Applicants may not reduce the number of channels in either their current packages or their new packages for three years. Some commenters submit that the price cap should be longer than three years, arguing that the potential harms will still remain at the end of the period. We do not know what the competitive landscape will be like in three years. Accordingly, six months prior to the expiration of the commitment period, the Commission will seek public comment on whether the cap continues to be necessary in the public interest. The Commission will then determine whether it should be modified, removed, or extended.

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