Recent news of a proposed merger between XM Satellite Radio and Sirius Satellite Radio was not entirely unexpected to those who have been monitoring the space.
Merger rumors have swirled for a number of years, mainly because of the state of the burgeoning satellite radio industry. Once touted as the next big things in entertainment, XM and Sirius have yet to turn a profit, and neither has been able to escape billions of dollars in operating losses.
A merger would certainly ...