MediaBuyerPlanner: The FCC should wrap up its review of the potential XM-Sirius merger by the end of the year, according to commission chairman Kevin Martin.

The combined value of the new company - if approved - would be about $13 billion, including net debt of about $1.6 billion, and would have about 14 million subscribers, writes Mediaweek. The Justice Department, which looks at whether the deal will be anti-competitive, and the FCC, which decides if the deal is in the public's interest, must both approve the merger.

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