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Originally Posted by dr. fager
"The proposed Sirius-XM merger would eliminate the potential of any meaningful competition in the satellite radio market, which would, in turn, permanently block the potential for diversity of ownership and control by minorities in the only medium capable of nationwide broadcasting," said Jackson.
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There is probably more context to this statement. However, the concerns with satellite ownership do not revolve around minority ownership. The primary concern is the medium's long-term viability with two competitors in very niche' marketplace. Minorities enjoy many opportunities in communications. In small market that I reside in, one minority-owned company owns hip-hop and classic R&B stations.
Jesse Jackson should be less about his one-note race campaigns and more about economic development which aids all socio-economic groups.