lease that would allow minority-owned companies to pay for the right to conduct business in the space.
In a merger update on its Website, XM radio heralds that the “combination of the two companies will lead to more programming and better pricing for our subscribers…We will continue to offer a full complement of programming to our millions of subscribers once the merger is complete.†The show of support by the FCC chairman, coupled with the Dept. of Justice’s March clearance of the merger, appears to give the plan by the two companies a significant amount of momentum to move forward and join forces.