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Sirius, XM Applaud IBOC Decision
As might be expected, the two satellite giants love the HD Radio decision: Sirius and XM need to demonstrate a strong set of competitive markets to their offerings in order to convince the FCC and other governmental bodies to approve a merger. While castigating HD Radio as a not-even-also-ran in the past, they now must praise it. There are some ownership overlaps, with Clear Channel having investments in both iBiquity and XM.
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