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Chriss Scherer Scherer has been the editor of Radio magazine since 1997. His experience in radio includes work as chief engineer at stations in Cleveland (WMMS-FM, WHK-AM, WZJM-FM, WJMO-AM...more

Money well spent?

I just read that XM has spent $30 million in its effort to finalize the merger with Sirius. This includes $1.2 million in lobbying costs. These figures were reported by the Washington Post and touted by the NAB.

The NAB has spent considerable resources opposing the merger itself, although I have yet to see how much of its members’ money has been spent on the effort. I’m sure it’s a hefty sum.

I wonder if the NAB’s money could be better spent somewhere else.

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