Sirius and XM join at the hip today?

So says the New York Post.

And Orbitcast speculates that, if the gossip is true, perhaps this deal is part of a much larger buyout scenario.

One healthy satellite radio company is a much more formidable competitor to radio than two not so healthy ones.

Expect to see lots of legislative kicking and screaming, thanks in part to your friendly neighborhood NAB.

[Image of what looks like a radioactive zombie dog is courtesy of Orbitcast]

UPDATE: Confirmation via ABC News:

And, surprise, surprise, Mel’s driving the bus.