8 posts and columns on Mel Karmizan

Sirius XM Is Finally Free … to Raise Prices

in News on August 2, 2011 at 2:05 pm PT

Sirius XM Radio hasn’t raised its base subscription fee since it first launched nearly a decade ago. But with the expiration of an FCC-imposed price freeze, an increase is in the works.
siiruscashdog

Call Me Mel "Save-My-Own-Keister" Karmazin

in News on February 13, 2009 at 7:49 am PT

Sirius XM is ready to seek bankruptcy protection. The company has warned investors that it’s prepared to file Chapter 11. It has hired bankruptcy and restructuring advisers. And it has filled out the necessary paperwork. But it may never file it. “People familiar with the situation” tell The Wall Street Journal that Sirius CEO Mel Karmazin and satellite mogul Charlie Ergen are moving closer to an accord that would save the struggling satellite radio outfit from having to file Chapter 11.

Call Me Mel “Save-My-Own-Keister” Karmazin

in News on February 13, 2009 at 7:49 am PT

Sirius XM is ready to seek bankruptcy protection. The company has warned investors that it’s prepared to file Chapter 11. It has hired bankruptcy and restructuring advisers. And it has filled out the necessary paperwork. But it may never file it. “People familiar with the situation” tell The Wall Street Journal that Sirius CEO Mel Karmazin and satellite mogul Charlie Ergen are moving closer to an accord that would save the struggling satellite radio outfit from having to file Chapter 11.

Sirius-EchoStar-Liberty: Ménage-à-Blah

in News on February 12, 2009 at 12:16 pm PT

As entertaining as news of a Sirius XM-EchoStar-Liberty Media three-way might be, research houses don’t appear to be giving it much credence. Already a few have issued notes dubious of the idea of Liberty accepting the white knight role in this debacle.

Sirius: Give Me Liberty or Give Me Ergen

in News on February 12, 2009 at 5:44 am PT

The Sirius XM fiasco is fast becoming high drama. Hoping to avoid bankruptcy and fend off an unsolicited takeover attempt from satellite mogul Charlie Ergen’s EchoStar, which has been acquiring its debt, Sirius has approached Liberty Media about a possible transaction.

Potential Sirius Delisting Postponed Until November

in News on January 28, 2009 at 9:13 am PT

Sirius XM Radio caught a lucky break recently when NASDAQ added another three months to a suspension of its delisting rules. With a share price below the $1 minimum price requirement to remain listed on the exchange, the struggling satellite radio broadcaster’s delisting seemed imminent. No longer.

Trade You 77 shares of SIRI for 1 Month of "Sirius Everything"

in News on December 3, 2008 at 12:41 pm PT

Looks like Sirius XM CEO Mel Karmazin won’t be taking the company private anytime soon, although given its current stock price there’s no reason he couldn’t. At its current value, you’d have to sell off more than 70 shares of SIRI to purchase a one-month subscription to Sirius Satellite Radio.

Trade You 77 shares of SIRI for 1 Month of “Sirius Everything”

in News on December 3, 2008 at 12:41 pm PT

Looks like Sirius XM CEO Mel Karmazin won’t be taking the company private anytime soon, although given its current stock price there’s no reason he couldn’t. At its current value, you’d have to sell off more than 70 shares of SIRI to purchase a one-month subscription to Sirius Satellite Radio.