Net News search results for: sirius xm radio ceo mel karmazin
-
September 18, 2012
Report: Liberty Now Owns 49.5% Of Sirius XM
LIBERTY MEDIA now owns 49.5% of SIRIUS XM RADIO, based on a filing with the SEC. THE WALL STREET JOURNAL reports, LIBERTY "has converted nearly half of its preferred shares in SIRIUS XM RADIO INC. to common stock. Following the conversion, LIBERTY … more »
-
September 14, 2012
Report: Liberty Planning To Replace Mel Karmazin At SiriusXM
MEL KARMAZIN may have been accurately predicted his exit as CEO at SIRIUSXM RADIO when he told the audience at the BANK OF AMERICA MERRILL LYNCH Media, Communications & Entertainment Conference in BEVERLY HILLS, CA (NET NEWS 9/13) that he may leave … more »
-
September 13, 2012
Surprise, Liberty May Not Spin Off SiriusXM ... No Surprise, Mel Karmazin May Not Stay
Just last week (NET NEWS 9/7), LIBERTY MEDIA CORP. continues to snap up SIRIUSXM stock, looking to acquire the 50+% controlling interest Chairman JOHN MALONE seeks. LIBERTY purchased a total of 5,536,346 shares this week, with a SEPTEMBER 4th buy of … more »
-
August 31, 2012
Mel Karmazin Files With SEC To Exercise Options On 30 Million SiriusXM Shares
SIRIUSXM RADIO CEO MEL KARMAZIN has filed paperwork with the SEC, and will exercise options on 30 million shares and sell them. NASDAQ released this statement regarding the move: "SIRIUSXM RADIO INC. said THURSDAY that its CEO, MEL KARMAZIN, has … more »
-
August 8, 2012
Karmazin Says SiriusXM Will 'Deal' With His Contract In Q3
SIRIUSXM RADIO reported second quarter 2012 financial and operating results YESTERDAY (NET NEWS 8/7), but it was CEO MEL KARMAZIN's employment status that was the hot topic on the company's conference call to discuss those results. KARMAZIN insisted his … more »
-
August 7, 2012
SiriusXM Reports Second Quarter Revs, Subscribers Up
SIRIUSXM RADIO has reported second quarter 2012 financial and operating results, including revenue of $838 million, up 13% over second quarter 2011 revenue of $744 million. Net income for the second quarter 2012 and 2011 was $3.1 billion and $173 … more »
-
July 13, 2012
The War Of Words Between John Malone And Mel Karmazin Moves To Sun Valley
LIBERTY MEDIA CEO JOHN MALONE used his appearance at ALLEN & CO.’s annual conference in SUN VALLEY, ID, to predict his company will eventually gain control of SIRIUSXM RADIO and spin it off as a separate venture. LIBERTY currently owns 46% of … more »
-
July 9, 2012
SiriusXM Adds Over 600,000 Net Subscribers In Q2
SIRIUSXM RADIO released figured TODAY (7/9), showing it added 622,042 net subscribers in the second quarter of 2012, up 38% from 452,147 net subscribers added in the second quarter of 2011. The company has added over 1 million net subscribers in the … more »
-
June 21, 2012
Mel Karmazin Sells 7.6 Million Sirius XM Shares
An SEC Form 4 filing shows SIRIUS XM RADIO CEO MEL KARMAZIN sold 7.6 million shares of the company at an average price of $1.83 per share for $13.96 million last FRIDAY (6/15). KARMAZIN pocketed $10.70 million. He still owns 8.82 million shares of SIRIUS … more »
-
June 1, 2012
Liberty Media Tells The SEC It Wants Control Of SiriusXM
Just last week (NET NEWS 5/23), SIRIUSXM RADIO CEO MEL KARMAZIN told shareholders why he resisted JOHN MALONE's LIBERTY MEDIA CORP. taking control of the satcaster. KARMAZIN said he didn't want to report to a majority shareholder, and was quoted as … more »