Depends on your definition of 'dying'. Both were increasing subscriptions, but both were losing money. Buying sports and personalities (e.g Howard Stern), were costing the companies. But I think the point several people have tried to make is that at the time of the merger, XM was the 'stronger' company, yet Sirius ended up in charge. From what I've read of Charlie Ergen, I don't think he would support a merger unless he ended up in control.