Black holes, disks, and jets following binary mergers and stellar collapse: The narrow range of electromagnetic luminosities and accretion rates

. We provide a simple model that explains these unanticipated findings. Interestingly, these luminosities reside in the same narrow range characterizing the observed luminosity distributions of over 400 short and long GRBs with distances inferred from spectroscopic redshifts or host galaxies. This result, together with the GRB lifetimes predicted by the model, supports the belief that a compact binary merger is the progenitor of an SGRB, while a massive, stellar magnetorotational collapse is the progenitor of an LGRB.