Re: [Swprograms] Slightly OT: For whom the bell tolls

[Daniel Say <say@xxxxxx>]

	In Canuckistan....


 Globe and Mail adds
           "It is a separate company," Sirius Canada spokesman Jeff Roman said 
        Tuesday night. "At this point we're not going to speculate," he added.
           Satellite radio launched in Canada in late 2005 with XM Canada and 
        Sirius Canada competing against each other. Despite the merger of the 
        companies south of the border, the Canadian operations have continued 
        to run separately. They are exploring possible terms of a merger deal 
        here and each draw a several dozen channels from the U.S. operation, 
        through licensing agreements they hold.
           Sirius Canada is 40 per cent owned by the CBC, 40 per cent held by 
        Slaight Communications and 20 per cent held by the U.S. company.
           XM Canada is majority owned by fast food, telecom and real estate 
        executive John Bitove, who holds a 58 per cent stake, while Sirius XM 
        owns 23 per cent of that brand in Canada. The other 19 per cent is 
        traded on the Toronto Stock Exchange.
           With a report from Globe and Mail reporter Grant Robertson

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