This is fantastic news, both for broadcasting and for me. Right now, too many conglomerates own both stations and venues and monopolize the terrestrial air waves. Hopefully, this will send a signal to them that they need MORE VARIETY or they will lose listenership!
On a personal note, I saw this coming a while ago and bought 100 shares of Sirius a couple of months ago. See you on my yacht! (Just kidding… I won’t be selling any time soon… the money’s trapped in a Roth IRA…
UPDATE: The Sirius stock price has gone up 16% since trading started this morning…