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Some investors aren't impressed. Didn't Sirius XM tack on 1.7 million net accounts last year and 1.4 million more subs the year before that? Auto analysts see 2012 as the strongest year for new car sales in years. If new car smell is the lifeblood for...
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The combination of counting the sub earlier and the longer promotional periods allowed Sirius to get subscribers on the tally quicker and keep them there (churn-proof) for a longer period of time. It was one of the factors, along with the signing of...
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Mel Karmazin, Chief Executive Officer of Sirius XM Radio speaks at the Reuters Global Media Summit in New York, November 29, 2011. View Photo »
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Howard brought an awful lot of credibility to the medium ... I don't know of another radio talent in the history of radio that has been as extraordinary performer.
– Mel Karmazin SOURCE: Reuters -
A 2.1% monthly churn rate would result in 4.6 million cancellations. That's a lot of subscribers that need to be replaced. The 2.1% churn rate was attributed to the unknown impact of the price increase that began taking effect the first of the year. On...
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Investors have been hoping that the company would offer either a share buyback or a dividend to the stockholders. On the conference call last Thursday, both CEO Mel Karmazin and Executive VP and CFO David Frear said the board will now consider this...
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It seems kind of funny. When I am conservative about metrics and numbers I get slammed, but Mel goes into the category of ultra-conservative, and all is right with the world. At any rate, let's move into this more deeply. There are a few things to note...
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NEW YORK, NY - FEBRUARY 16: Mel Karmazin attends the The Paley Center for Media's New York Gala Evening 2011 at The Waldorf=Astoria on February 16, 2011 in New York City. View Photo »
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I'm not really good at working for somebody, I just could not be a No. 2
– Mel Karmazin SOURCE: Reuters -
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SiriusXM Radio announced its 2011 year-end fiscal results, with revenue reaching a new record of $3.01 billion, up seven percent from 2010. CEO Mel Karmazin discussed the state of the satcaster on a conference call Thursday, as well as SiriusXM's...
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Almost every one of them said Sirius did not meet expectations. It made me wonder if I had listened to a different conference call than the rest of the world. So, in the interest of clarity and so that I will not be accused of putting a "bull spin" on...
About Mel Karmazin
Wikipedia
Melvin Alan "Mel" Karmazin (born August 24, 1943) is an American business executive. He co-founded and was the president of Infinity Broadcasting and eventually became the president and chief executive officer of CBS. As of 2008, he is the CEO of Sirius XM Radio. Full Article
Related Photos
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Getty Images
NEW YORK, NY - FEBRUARY 16: Mel Karmazin attends the The Paley Center for Media's New York Gala Evening 2011 at The Waldorf=Astoria on February 16, 2011 in New York City.
View Photo »
Getty Images
NEW YORK, NY - FEBRUARY 16: Mel Karmazin attends the The Paley Center for Media's New York Gala Evening 2011 at The Waldorf=Astoria on February 16, 2011 in New York City.
View Photo »
