This could signal the death blow for satellite radio.
Adelstein, the potential deciding vote, told The Associated Press on Thursday that he would support Sirius Satellite Radio Inc. (SIRI)'s $3.1 billion buyout of XM Satellite Radio Holdings Inc. (XMSR) if the companies agree to a six-year price cap and make one-quarter of their satellite capacity available for public interest and minority programming, plus other conditions.
They also agreed to turn over 24 channels to noncommercial and minority programming.
Adelstein is seeking 25 percent of the companies' satellite capacity for public interest programming - 10 percent for noncommercial programming and 15 percent for minority programming. That potentially would work out to about 75 channels.
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