Prominent Latino Groups Urge Federal Communications Commission (FCC) to Grant Speedy Approval of the Merger of Sirius Satellite Radio and XM Radio
Prominent Latino Groups Urge Federal Communications Commission (FCC) to Grant Speedy Approval of the Merger of Sirius Satellite Radio and XM Radio
This Merger Will Offer Consumers Programming that is Diverse and Accessible at Reasonable Prices - Lillian Rodriguez-Lopez, Hispanic Federation President
NEW YORK, June 13 /PRNewswire-USNewswire/ -- The Hispanic Federation (HF), one of the nation's largest Latino advocacy organizations, today joined a number of prominent groups in supporting the merger of Sirius Satellite Radio (NASDAQ:SIRI) and XM Radio (NASDAQ:XMSR).
"We encourage actions that will provide our community with the benefits of competition, lower prices and more choices in a fair and equitable manner," said Lillian Rodriguez-Lopez, Hispanic Federation President. "We believe that the XM-Sirius merger will achieve these objectives and as such, we urge the Federal Communications Commission (FCC) to grant a speedy approval."
Satellite radio provides an important new source for news, information and entertainment for Hispanic Americans. With an emphasis on Latino programming unheard of on commercial radio, including CNN en Espanol, ESPN Deportes and Mexico Canta, Sirius and XM have both shown an innovative and dedicated approach to reaching Hispanic listeners.
"For the most part, the mainstream media companies offer very limited music and entertainment programming targeted to the Hispanic community," added Ms. Rodriguez-Lopez. "We believe that satellite radio provides expanding and vibrant platforms for news and entertainment for Hispanic Americans."
Hispanic Federation joins a number of prominent national organizations including the League of United Latin American Citizens (LULAC), Latino Coalition, New York State Federation of Hispanic Chambers of Commerce, National Black Chamber of Commerce and League of Rural Voters in supporting the merger of Sirius Satellite Radio and XM Radio.
The Hispanic Federation is a service-oriented membership organization of 94 Latino health and human services agencies dedicated to promote the social, political and economic well-being of the Latino community. The Federation provides a wide range of services geared towards strengthening Hispanic families and supporting Latino institutions serving over two million Hispanics living in the Northeast region. For more information, please visit http://www.hispanicfederation.org/.
Source: Sirius
CONTACT: Frankie Miranda of the Hispanic Federation,
+1-212-233-8955
Web site:
http://www.hispanicfederation.org/
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