Audio News for February 21, 2007

by | Feb 21, 2007 | Audio News | 0 comments

Two Mergers in Talking Stages – Two important possible mergers may change the audio world. The two successful satellite radio companies – Sirius and XM – want to merge in a $13 billion deal. About 14 million combined subscribers to the two services, mostly used in vehicles, would get a better deal out of their $10 to $13 a month fees. Sirius signed up many new users after retaining Howard Stern, and XM has Major League baseball. While both services carry some top public radio programs, they differ between them. Not only would the merger offer subscribers even more content choices, but it would eliminate them having to make a choice of one or the other of the satellite services, because the auto and home receivers for the two sources are not compatible. Actually, it’s Sirius – the smaller of the two services – who has agreed to purchase XM! All the stockholders would get 50% of what they now have. Yet the FCC and Justice Department are not happy about the proposed merger on antitrust grounds [That’s laughable considering the FCC has allowed multiple chains of radio and TV stations plus newspapers to be owned by the same giant conglomerates.]

The other proposed merger was attempted first over six years ago – Warner Music Group wants to acquire EMI Group, thus improving both their standings as the smallest of the music industry’s four biggies. The $4.6 billion deal’s success was threatened when a European court annulled the 2004 merger of Sony Music and BMG,  but a major European trade group – The Independent Music Publishers and Labels Association – which opposed mergers before, now supports the plan. The merger must be approved by The European Commission and some observers are skeptical. However, the digital revolution that has hurt the major music companies might suffice to convince regulators to let the merger happen.

Sonny Rollins Podcasts – Here’s something new provided by the digital revolution: The Sonny Rollins web site is offering a free monthly video series focusing on the jazz giant and his music. The series producer Bret Primack said: “These Podcasts are essentially an ongoing documentary film that will unfold over the next year, chapter by chapter. With the advent of web video, which offers free global distribution, we are introducing Sonny Rollins…to new audiences all over the planet by using state-of-the-art technology.” The podcast is syndicated via the free Google embedded video player and the html code is available on Sonny’s site [www.sonnyrollins.com] so fans, bloggers and web sites can post the actual podcasts. On The Road is the first podcast, with behind-the-scenes rehearsal footage from two Arizona concerts late last year, plus performance excerpts. Radio and the Movies is this month’s podcast, scheduled for Feb. 23. Sonny discusses the influence of old time radio and classic movies on his music, and performs musical examples from his latest CD: Sonny, Please.

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