It’s been a while since we’ve reported on SiriusXM. The big news for the satellite radio provider is that Liberty Media, owner of Discovery Channel and other media interests, was approved for its majority takeover of Sirius by the FCC at the beginning of the year. Sirius CEO Mel Karmazin is no pal of Liberty […]
Everybody’s blogging and twittering away over Liberty Media Corporation’s failed attempt to take de facto control of Sirius XM satellite radio. The Federal Communications Commission rejected Liberty’s application on Friday. Liberty owns 40 percent of Sirius XM stock. The reasons for the rebuff appear to be technical: “We find Liberty Media’s applications to be unacceptable […]
Last Thursday, on the eve of the company’s tenth anniversary celebration with Bruce Springsteen, SiriusXM CEO Mel Karmazin appeared for a thirteen minute interview on Jim Cramer’s CNBC investment show Mad Money. There are two big questions on the mind of satellite radio watchers: will John Malone’s Liberty Media buy up more of SiriusXM, and […]
Talk is heating up on Wall Street that satellite radio purveyor SiriusXM might be on the verge of a sale. Most of the talk centers on Liberty Media, headed up by chairman and early player in cable television John Malone, which turns over media properties pretty regularly, and currently owns the QVC shopping network, Starz […]
