NEW YORK, March 25 /PRNewswire-USNewswire/ -- In response to the U.S. Department of Justice's approval of the XM and SIRIUS merger, Hispanic Federation President Lillian Rodriguez-Lopez issued the following statement:
"The announcement from the U.S. Department of Justice is welcome news to the thousands of minority consumers who will soon experience the many benefits of a combined XM/SIRIUS satellite radio. After more than a year of careful review, anti-trust officials confirmed that the audio entertainment market is robust and competitive and will remain so after the companies have merged. We look forward to the FCC's approval of the merger and continuing our work with the combined company for the benefit of all minority listeners."
The Hispanic Federation is a service-oriented membership organization of 90 Latino health and human service agencies dedicated to promoting the social, political, and economic well-being of the Latino community. The Federation provides essential services geared toward strengthening and supporting Latino institutions serving over 1.5 million Hispanics living in the Northeast region. For more information, please visit http://www.hispanicfederation.org/.