Jeff Roberts
Dec 6, 2011 11:34 AM
Sirius XM (NSDQ: SIRI), flying high on a brighter balance sheet, received more good news after a California judge tossed a class action lawsuit over its advertising. But the satellite radio company is not out of the legal woods yet. It is still confronting other high stakes lawsuits involving its…
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Legal, Companies, Liberty Media, class action, derivative lawsuit, howard stern, mel karmazin, sirius xm radio
Staci D. Kramer
Apr 14, 2010 9:43 AM
Yes, it’s a bit of hyperbole—a Mel Karmazin specialty—but the CEO of Sirius XM (NSDQ: SIRI) has something to be excited about in consecutive quarters after years of slogging through. Sirius showed its first post-merger profit in Q409 and now preliminary Q1 numbers from the satellite radio company show subscriptions…
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Money, Earnings, mel karmazin, sirius xm radio
Staci D. Kramer
Jan 19, 2010 7:12 PM
Sirius XM (NSDQ: SIRI) doesn’t announce year-end earnings officially until February but CEO Mel Karmazin didn’t wait to spread some good news for a change. The satellite radio provider claims 247,182 net adds in Q4, the highest number since Q308, for a year-end total of 15,703,932 subs. In a statement,…
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Media & Publishing, Radio, mel karmazin, sirius xm radio
Rafat Ali
Jul 2, 2009 1:34 AM
At some media companies, it is business as usual when it comes to exec salaries: —At News Corp (NYSE: NWS). newly appointed COO and president Chase Carey could earn as much as $43.1 million in his first year, in salary and bonuses, according to an SEC filing today, picked up…
details on chernin exit and karmazin's contract »
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Media & Publishing, Radio, TV, Satellite, Companies, News Corp., chase carey, mel karmazin, peter chernin, sirius xm radio
Rory Maher
Feb 11, 2009 8:37 AM
So much for all those people who bought Sirius (NSDQ: SIRI) stock last week. The company’s shares almost doubled on Feb. 4 following reports that EchoStar (NSDQ: SATS) CEO Charlie Ergen was aiming to cut a deal with Sirius to take control of the beleaguered satellite radio operator. But it’s…
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Media & Publishing, TV, Satellite, Technologies / Formats, Broadband, charlie ergen, echostar, mel karmazin, sirius xm radio
Rory Maher
Feb 9, 2009 10:11 AM
The Wall Street Journal reported this morning that Echostar Chairman and CEO Charlie Ergen made a move to take control of Sirius (NSDQ: SIRI) Satellite Radio starting several months ago. The Satellite TV mogul apparently approached Sirius CEO Mel Karmazin late last year offering to inject capital into the ailing…
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Media & Publishing, TV, Satellite, Technologies / Formats, Broadband, charlie ergen, echostar, mel karmazin, sirius xm radio
David Kaplan
Oct 14, 2008 9:22 AM
With over $2 billion in debt, the merged satellite radio company *Sirius XM* already had plenty of challenges before the credit markets tightened up these past few weeks. But CEO Mel Karmazin tried to steer things into the bright future instead of the darkening present. In a Q&A with Mediaweek’s…
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Media & Publishing, TV, Satellite, Companies, News Corp., Dow Jones, Wall Street Journal, mel karmazin, sirius xm radio
Joseph Weisenthal
Sep 16, 2008 3:15 PM
Not that this will shock anyone, but with Wall St. falling off the high wire, this is unlikely to be a a period of big time dealmaking. Speaking at a breakfast sponsored by Portfolio, media bigs Mel Karmazin, Jeff Zucker and Steve Rattner (Quadrangle), agreed that a slow period for…
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Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, NBC Universal, jeff zucker, mel karmazin, steve rattner
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