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Karmazin Named Chief Executive Officer of SIRIUS Satellite Radio
http://biz.yahoo.com/prnews/041118/nyth167_1.html ^ | 11/18/04

Posted on 11/18/2004 2:28:58 PM PST by icecold

NEW YORK, Nov. 18 /PRNewswire-FirstCall/ -- The Board of Directors of SIRIUS Satellite Radio (Nasdaq: SIRI - News) has named Mel Karmazin as Chief Executive Officer. He succeeds Joseph P. Clayton, who will remain at SIRIUS as Chairman of the Board of Directors Mr. Karmazin, who served as President and CEO of Viacom until earlier this year, said, "This is a perfect opportunity for me because I want to lead a growth company that can reshape the landscape of the radio business. I took Infinity Broadcasting and Westwood One to leadership positions in the industry and am confident that SIRIUS will become a market leader in short order. I will inherit a first-class management group led by co-presidents Scott Greenstein and James Meyer. I look forward to working closely with Joe Clayton and the strong team that he has assembled."

(Excerpt) Read more at biz.yahoo.com ...


TOPICS: News/Current Events
KEYWORDS: karmazin; radio; satelliteradio; sirius
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To: lapster

no not at the current time but here's a list of stations and shows http://www.sirius.com/servlet/ContentServer?pagename=Sirius/CachedPage&c=Page&cid=1065475754144


41 posted on 11/18/2004 4:16:55 PM PST by icecold
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To: icecold; toomanygrasshoppers; Buford T. Justice

Sounds like there are regular drivers out there that will pay for it, I guess, and that's good. I'd much prefer that information get spread in myriad ways. But I do think the masses will probably not buy in until it's cheaper. I had the same suspicions about Iridium, and while that was useful for plenty of folks, it went bust.

This probably has a wider market based on the response, however.


42 posted on 11/18/2004 4:30:40 PM PST by LibertarianInExile (NO BLOOD FOR CHOCOLATE! Get the UN-ignoring, unilateralist Frogs out of Ivory Coast!)
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To: icecold
XM just paid twice Stern's contract for MLB

Who's MLB - is that the team of shock jocks who got fired for a sex stunt?

43 posted on 11/18/2004 4:44:40 PM PST by Ciexyz (I use the term Blue Cities, not Blue States. PA is red except for Philly, Pgh & Erie.)
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To: icecold

Actually I hear commercials on XM. I don't know anything about sirrus, but I bet Stern will be taking the same amount of breaks during his show.


44 posted on 11/18/2004 4:49:37 PM PST by CJ Wolf
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To: Ciexyz

no sorry...it's Major League Baseball...They paid $1billion to get it I believe


45 posted on 11/18/2004 4:54:06 PM PST by icecold
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To: ilgipper

Isn't Stern leaving Infinity to go to Sirius? Do I have the story right?


Absolutely!

The future of entertainment is close at hand.

Mel joining the Serius team seals the deal.

STERN RULES
FREE HOWARD STERN


46 posted on 11/18/2004 4:54:58 PM PST by WhiteGuy (The Constitution requires no interpretation, only enforcement.)
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To: LibertarianInExile

your right..it's really popular with truckers right now, they can drive across the country and tune into the same station the whole time now


47 posted on 11/18/2004 4:55:20 PM PST by icecold
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To: toomanygrasshoppers

i agree. foxnews is great to have in car. that is why i pay for it each month.


48 posted on 11/18/2004 5:01:53 PM PST by GoMonster (GO)
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To: icecold

XM Satellite Radio Holdings Inc., raising the stakes in a rapidly escalating battle to lure subscribers, has signed a long-term broadcast deal with Major League Baseball costing $650 million over 11 years, according to industry officials.

The agreement seems designed to help XM regain public attention and marketing momentum against smaller rival Sirius Satellite Radio Inc., which this month signed a five-year, $500 million deal to add shock jock Howard Stern to its lineup starting in 2006.


XM pays 65M/yr for MLB, SIRI pays 100M/yr for the idiot. SIRI definitely is swinging for the fences, while XM makes sound judgments. I don't know where it all ends, except that satrad is the future of radio. I'm an XM listener/shareholder and I like the company and management better than SIRI, but I'm dissatisfied with the content, whose format I find very immature. I'm pretty much going back to CDs.


49 posted on 11/18/2004 6:51:50 PM PST by Paul_B
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To: icecold
...named Mel Karmazin as Chief Executive Officer

Nice... I haven't listened to Stern much lately because of his Bush bashing and whining, but I had been a regular listener since the late 80's. Before I stopped listening, he was hinting at going to satellite, so I picked up a chunk of Sirius at around $2/share.

After hours trading has it at $5.75 after the Karmazin announcement. Now when to sell....

50 posted on 11/18/2004 7:23:51 PM PST by Mannaggia l'America
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To: glock rocks

XM is awesome but all it needs is Little Steven's Underground Garage channel... I will admit that Sirius has this one channel I want and XM doesn't... but XM still has every talk personality I want besides Rush... it has Fox News, CSPAN, BBC, MSNBC, ABC, CBS, a million music channels...

It's worth it if you're in the car for any amount of time. All I listen to now is XM, my cd's, and college radio!


51 posted on 11/18/2004 7:33:05 PM PST by t_skoz ("let me be who I am - let me kick out the jams!")
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To: t_skoz

My favorite show on Sirius is "The Wise Guy Show" starring Big P*ssy from the Sopranos


52 posted on 11/18/2004 7:43:02 PM PST by icecold
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To: t_skoz

yep... 30 cents a day.

XM40 thru 45 for the road, 71 & 77 at work, unless people annoy me, then I pull out the earphones and crank Bluegrass Junction



53 posted on 11/18/2004 7:48:57 PM PST by glock rocks (taxes lower, door locked, gun loaded.)
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To: glock rocks

One of my favorites in traffic is XMLM, the extreme death metal channel

:-)


54 posted on 11/18/2004 7:53:30 PM PST by t_skoz ("let me be who I am - let me kick out the jams!")
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To: icecold

the audience who is willing to pay for radio is limited. commercial radio needs to start developing some new talent - if all the top talk people and shock jocks are going to leave and go to pay radio, I'm not going with them.


55 posted on 11/18/2004 7:54:03 PM PST by oceanview
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To: Mannaggia l'America

start selling about 3 months after Stern goes on. that about when the new subscribers he will initially bring in will realize that hearing him say "f this" and "f that" 100 times an hour, isn't worth $12.95 a month.


56 posted on 11/18/2004 7:57:15 PM PST by oceanview
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To: toomanygrasshoppers

If Sirius would add Medved (now on XM), they would be perfect! As it is now, they are nearly perfect.


57 posted on 11/18/2004 8:00:46 PM PST by HitmanLV (HitmanNY has a brand new Blog!! Please Visit! - http://www.goldust.com/weblog -)
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To: HitmanNY

I agree Sirius has Hannity, Laura Ingraham, Tony Snow, M. Reagan, M. Savage, Eminem, Howard Stern..something for everyplay...Plus I love being able to listen to all the NFL games


58 posted on 11/18/2004 8:03:01 PM PST by icecold
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To: hoosierboy

I agree - $10-15 a month for sat radio is fine with me, provided they have no commercials, deep playlists, and a strong non-music lineup. Sirius wins the XM vs Siruis comparison to me, hands now.

I am just waiting for their genuine handheld/walkman style unit. XM announced it a short while ago and it looks awesome (includes 5 hours of digital recording, too, for timeshifting). When Sirius comes out with a comperable model, watch out!!!


59 posted on 11/18/2004 8:04:36 PM PST by HitmanLV (HitmanNY has a brand new Blog!! Please Visit! - http://www.goldust.com/weblog -)
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To: icecold

Sirius's music stations are deep, playing a lot of good stuff as well as more well-known hits. Very well done.

Their non-music lineup is awesome - if Medved becomes available on Sirius (no reason he can't be, as both Savage and Ingraham are on both XM and Sirius), I'll be pleased.


60 posted on 11/18/2004 8:06:59 PM PST by HitmanLV (HitmanNY has a brand new Blog!! Please Visit! - http://www.goldust.com/weblog -)
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