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CEO, Board of Directors: SIRIUS XM Radio Inc.
 
             
Mel Karmazin is Chief Executive Officer of SIRIUS XM Radio, America's satellite radio company delivering the The Best Radio on Radio to more than 18.5 million subscribers, including 100% commercial free music, and premier sports, news, talk, entertainment, traffic and weather. Karmazin oversees all aspects of the company's operations from its New York City corporate headquarters. Previously, he was President and COO of Viacom from May 2000 until June 2004. Karmazin served on the Viacom board of directors
Mel Karmazin is Chief Executive Officer of SIRIUS XM Radio, America's satellite radio company delivering the The Best Radio on Radio to more than 18.5 million subscribers, including 100% commercial free music, and premier sports, news, talk, entertainment, traffic and weather. Karmazin oversees all aspects of the company's operations from its New York City corporate headquarters. Previously, he was President and COO of Viacom from May 2000 until June 2004. Karmazin served on the Viacom board of directors and was responsible for overseeing all of Viacom's operations. Viacom Inc. is one of the world's largest entertainment and media companies and a leader in the production, promotion, and distribution of entertainment, news, sports, and music. The company's properties include CBS Television, MTV Networks, BET, Showtime Networks, Infinity, Viacom Outdoor, Paramount Pictures, Paramount Television, Paramount Parks, UPN Blockbuster, Simon & Schuster, and theatrical exhibition operations in North America and abroad. Prior to that, he served as President and Chief Executive Officer of CBS Corporation from January 1999 - May 2000. Before becoming Chief Executive Officer, he was President and Chief Operating Officer of CBS Corporation from April 1998 to January 1999. He joined CBS in January 1997 as Chairman and Chief executive officer of CBS Radio through a merger of Westinghouse/CBS and Infinity Broadcasting. He had served as Infinity's President and Chief Executive Officer from 1981 until Infinity became a wholly owned subsidiary of Viacom in February 2001. He was named Chairman and Chief Executive Officer of CBS Station Group (Radio and Television) in May 1997. Prior to Infinity, Karmazin spent 10 years with Metromedia. Karmazin is vice chairman of the board of trustees of The Paley Center for Media and serves on the board of Autism Speaks. He was inducted into the Broadcasting Hall of Fame, and has received the National Association of Broadcasters National Radio Award and the IRTS Gold Medal Award.
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1269667 20 hours:
Sirius XM Could Be More Popular Than American Idol
By Brandon Matthews On a regular basis, I am pitched with unsolicited ideas on how to make Sirius XM Radio better. The ideas are sent to me by people in the hope that I can bring them to the attention of Sirius XM CEO Mel Karmazin, which of course I cannot. In fact, I have made [...]Rating: 0.0/10 (0 ... - read more at SatWaves.com
tags: Sirius XM 
1257729 3/18/10:
Sirius XM gets second warning from Nasdaq
Satellite radio operator Sirius XM Radio Inc. said Thursday it has received a second notice that it may be kicked off the Nasdaq exchange.The company was notified in September that its share price had closed below $1 for 30 consecutive days, which violates Nasdaq policy.The company's stock have since ... - read more at CrainsNewYork.com - Media-Entertainment News Feeds
tags: Sirius XM  Nasdaq 
1255708 3/17/10:
SIRIUS XM Receives NASDAQ Letter Regarding Minimum Bid Price ...
Just over two weeks after breaking the $1.00 mark Sirius Xm Radio announced that it has received a letter from the staff of The NASDAQ Stock Market stating that the Company has not regained compliance with the $1.00 minimum closing bid price requirement for continued listing on The NASDAQ Global Select ... - read more at Sirius XM News
tags: SIRIUS XM 
1249766 3/17/10:
Space Junk: Liberty cuts off WorldSpace deal talks
International satellite radio provider WorldSpace Inc. said on Tuesday that transaction negotiations between it and Liberty Satellite Radio Inc. have been terminated by Liberty. Ouch.It's obviously terrible news for WorldSpace, but also raises questions about Liberty Media's widely-speculated plans ... - read more at Orbitcast (Sirius XM Blog)
1249181 3/17/10:
Liberty Cuts Off Talks About Possible 'Strategic Transaction' ...
The end could be near for bankrupt satellite radio firm WorldSpace. The company put out a terse statement this afternoon saying that its “strategic transaction negotiations” with creditor Liberty Media (NSDQ: LINTA) had been terminated by that company. Ominously, WorldSpace—which had ... - read more at Paidcontent.org
1227523 3/12/10:
Sirius XM Radio's Five Year Plan
By Brandon Matthews There have been a few statements recently in Satellite Radio circles that have peaked my interest. The first came during Sirius XM Radio's (Nasdaq:SIRI) fourth quarter earnings call held two weeks ago, in which Sirius XM CEO Mel Karmazin informed analysts that the used car market ... - read more at SatWaves.com
1180731 3/4/10:
Sirius XM Slips Off the Dollar Menu
Sirius XM Radio (Nasdaq: SIRI) was so close to shaking Nasdaq off its back. Facing exchange delisting if it couldn't close at or above the $1 mark for 10 consecutive trading days, the satellite radio company's streak of trading to the left of the decimal ended after eight trading days this week. This ... - read more at The Money Times
1168245 3/2/10:
Sirius: S&P Repeats Hold Rating; Sees “Delisting Overhang”
Standard & Poor's analyst Tuna Amobi today repeated his Hold rating on Sirius XM (SIRI), noting that the stock seems to be suffering from “exchange de-listing overhang.” Amobi notes that CEO Mel Karmazin on the company's earnings call last week alluded to a likely request for a six-month ... - read more at Eric Savitz
tags: Nasdaq  Sirius XM 
1151105 2/26/10:
Radio Ga Ga: Sirius XM Once Again King of All (New Car) Media
What a difference a year makes. Last February, fresh from merging the country's two biggest satellite radio companies, Sirius XM was on the verge of departing for the big broadcasting network in the sky. Saddled with backbreaking debt and facing a crumbling car market (its largest source of new business), ... - read more at FastCompany
1148129 2/26/10:
Sirius: Mixed Reviews From The Street On Q4 Results
Street analysts have a mixed view on yesterday's Q4 earnings report from Sirius XM (SIRI). While all agree that the company has pulled back from the brink and is showing better financial and operating performance, there is some nervousness about valuation. Here's a rundown: J.P. Morgan analyst Lev Polinsky ... - read more at Barron's Online - Tech Trader
tags: J.P. Morgan  Sirius XM  G&A 
 Mel Karmazin Insider Ownership:*
  Ticker Name Price Change
SIRI SIRIUS XM Radio Inc. 0.82 -0.03 (-4.05%)
SIRI intra-day stock price chart:
Mel Karmazin SIRI ownerships:
# shares Nature of ownership Last reported
8,500,000 direct 2008-08-04
* Mel Karmazin reported owning these shares as an insider for all or part of the last 18 months. (See What is an 'insider'? for more details.)
Latest Mel Karmazin Trades:
Aug 4, 2008: BOUGHT 2,000,000 SIRI shares [SEC Filing]
May 30, 2006: BOUGHT 1,000,000 SIRI shares [SEC Filing]
Jan 12, 2006: BOUGHT 1,000,000 SIRI shares [SEC Filing]
Nov 19, 2004: BOUGHT 1,500,000 SIRI shares [SEC Filing]
Nov 18, 2004: BOUGHT 3,000,000 SIRI shares [SEC Filing]
May 10, 2004: BOUGHT 700,000 WWON shares [SEC Filing]
May 10, 2004: SOLD 700,000 WWON shares [SEC Filing]
Dec 9, 2003: SOLD 9,890 CBS shares [SEC Filing]
Dec 9, 2003: SOLD 38,716 CBS shares [SEC Filing]
Nov 6, 2003: BOUGHT 547,457 CBS shares [SEC Filing]
Nov 6, 2003: SOLD 275,790 CBS shares [SEC Filing]
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