Net News search results for: sirius xm radio ceo mel karmazin
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May 23, 2012
Mel Karmazin Tells Shareholders 'I Want To Be Held Accountable'
SIRIUSXM RADIO CEO MEL KARMAZIN explained to shareholders YESTERDAY (5/22) that "he resisted JOHN MALONE's LIBERTY MEDIA CORP. taking control of the satellite-radio operator. Although KARMAZIN said he "didn't want to report to a majority … more »
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May 7, 2012
FCC Denies Liberty Media's Move To Control Sirius XM
LIBERTY MEDIA was denied the ability to take control of SIRIUS XM RADIO by a federal regulator on FRIDAY (5/4). REUTERS reports the "decision by the FEDERAL COMMUNICATIONS COMMISSION came after LIBERTY MEDIA, SIRIUS XM's largest shareholder, in … more »
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May 1, 2012
Sirius XM Revenues, Income Up For First Quarter
SIRIUS XM RADIO first-quarter revenues rose 11% to a record $805 million with its subscriber count up by 405,000 to a record 22.3 million, the company reported TODAY (5/1). Net income jumped 38% to $108 million (2 cents/diluted share), and adjusted … more »
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April 4, 2012
Is Mel Karmazin 'One Of The Most Underpaid Executives In The History Of Executive Payment?'
FORBES is set to publish an in-depth interview with SIRIUS XM CEO MEL KARMAZIN that's certain to ruffle more than a few feathers. Writes JEFF BERCOVICI, "MEL KARMAZIN doesn’t do understatement. Perched at the head of a conference table in … more »
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February 17, 2012
Sirius XM Sets Up Charity
SIRIUS XM RADIO CEO MEL KARMAZIN has adopted a trading plan for SIRIUSXM securities in accordance with Rule 10b5-1 of the Securities and Exchange Act of 1934. The transactions that will take place under the plan are part of his strategy for … more »
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February 9, 2012
SiriusXM Revenue Rises 7% In 2011
SIRIUSXM RADIO has announced full year 2011 financial and operating results, including revenue of $3.01 billion, up 7% over 2010 revenue of $2.82 billion, and adjusted EBITDA of $731 million, up 17% from $626 million in 2010. Highlights of the report … more »
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January 4, 2012
SiriusXM Gains 1.7 Million Listeners In 2011, Almost 22 Million Total
SIRIUSXM RADIO announced that it ended 2011 with nearly 21.9 million subscribers, reporting approximately 540,000 net new subscribers in the fourth quarter and approximately 1,700,000 for the full year 2011. "Based on preliminary subscriber data, we … more »
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December 8, 2011
One Suit Against Sirius XM Dismissed, But Company Faces More Legal Challenges
A lawsuit over SIRIUS XM RADIO's advertising was dismissed in a CALIFORNIA court last week. PAIDCONTENT.COM reports that a SAN DIEGO judge dismissed JOEL BROIDA's suit claiming that the satellite service's advertising was deceptive and led to … more »
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November 30, 2011
Mel Karmazin Discusses His, SiriusXM's Future At Reuters Media Summit
If LIBERTY MEDIA increases its stake in SIRIUSXM RADIO -- which has been rumored for some time now -- current SIRIUSXM CEO MEL KARMAZIN says he'd like to make sure his role is defined by LIBERTY. KARMAZIN was speaking in NEW YORK at the REUTERS GLOBAL … more »
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November 1, 2011
SiriusXM Reports Subscribers, Revenues Up In Q3
SIRIUS XM RADIO has reported third-quarter 2011 financial results, including 21.3 million subscribers, net subscriber additions of 334,000, revenue of $763 million, up 6% over third quarter 2010 revenue of $718 million, and adjusted EBITDA of $197 … more »