"If you turn on the satellite radio, you're not listening to AM radio and FM radio," Mr. Karmazin said of why the NAB doesn't want the deal to be approved. "This merger is in the public interest."
Merger plan leaves XM headquarters intact →
"It was very important for XM to continue, after the merger, to be headquartered in Washington, D.C.," Mr. Karmazin said. "We've even said we won't have less employment here in the District than we already have."