The restriction with a lot of the other companies (like AOL-Time Warner) might have involved cross ownership restrictions between a lot of the other types of media, but I don't think that's an issue here. |
They don't have much choice to reschedule the NCAA, ... The options would be to delay Survivor for a couple weeks or do what they're doing. |
They had talked about that possibility. Between publishing and broadcasting and interactive, that provides them with enough to do. |
They've both been somewhat fringe players, so obviously they'd be a stronger network when combined together. |
This is a business where the infrastructure costs are invested up front and now Sirius and XM are at the point where they are finally able to capitalize on those costs. |
Tribune is a logical candidate to tie in. It has affiliates with New York, Los Angeles and Chicago, so it already has a major presence in the biggest markets. |
Usually you have some perspective on things. But what seemed acceptable at the time, what seemed like the norm, now you're judging people by standards that didn't exist at the time. I think it's worth twice what it's trading for, but you won't get credit for it until some of these clouds are lifted. |
XM was aggressively trying to hold its own in the face of competition in the quarter. |