Sirius XM eligible entity deadline extended again


One of the conditions on the merger of satellite audio services Sirius and XM into Sirius XM is a set-aside of 4% of the merged entity’s channel capacity to be programmed by and/or leased to “eligible entities.”

It hasn’t happened yet, and the FCC just pushed back the deadline again.

The delay is not the fault of Sirius XM. Rather, the FCC is still trying to put together implementation guidelines for the program. It says decisions on this matter are imminent, but since the guidelines are not in place, that a new deadline is warranted.

The new deadline is 5/25/10.