It's a done deal. For real this time. After the FCC officially approved of the merger last week, a month after FCC head Kevin Martin approved the XM/Sirius merger, the deal was put into place earlier today. Satellite radio, now listed as Sirius XM Radio will begin rolling out services today. First up is subscribers, and the 18.5 million combined subscribers makes Sirius XM the second business radio company in the U.S.

The price of satellite radio may go down from it's current $13.99/month tag to as little as $6.99 a month depending on the plan. The move should help the companies overcome the massive debt they developed attracting major personalities and sports licensing deals. The deal may save the company $400 million next year alone. They could almost buy 1 Rush Limbaugh with that money.

[MTV.com]