Yeah, it’s been a rumor that comes up almost every week. But this time, it looks like it’s real. The NY Post, while not being the most reliable source, reported this morning that the two sides talked all weekend and will announce the merger today. ABC News is now “confirming” the merger as well.

While this is good news for shareholders, I don’t see how this is good news for consumers at all. Will current subscribers have to buy all new radios? What will happen to all the on-air personalities from both companies? Only time will tell, but I’m personally not too excited about this merger. We all see what happens when there’s no competition in the market ( :cough: EA Sports :cough: ).

[Update] Well, it’s official. The merger was announced today (press release here). There’s a webcast at 8:30am tomorrow to discuss things. I’m really hoping this isn’t going to have a negative impact on subscribers, but I’m very skeptical.