Sirius Founder: You're 10 Years Too Late, Karmazin

Is it too late for Sirius XM? CEO Mel Karmazin and John Malone, whose Liberty Media just tossed the foundering satellite radio outfit a $530 million lifeline, clearly don’t believe so. So do the company’s long-suffering investors, who continue to stand by it, though their faith has been sorely shaken. But the same cannot be said for Martine Rothblatt, the entrepreneur who founded Sirius nearly 20 years ago.

Sirius Founder: You’re 10 Years Too Late, Karmazin

Is it too late for Sirius XM? CEO Mel Karmazin and John Malone, whose Liberty Media just tossed the foundering satellite radio outfit a $530 million lifeline, clearly don’t believe so. So do the company’s long-suffering investors, who continue to stand by it, though their faith has been sorely shaken. But the same cannot be said for Martine Rothblatt, the entrepreneur who founded Sirius nearly 20 years ago.