Mel Karmazin Comments on the Sirius/XM Merger 14 comments
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The folks at SIRIUS XM Radio may not have wanted this released, but I was able to dig up a video of SIRIUS XM Radio CEO Mel Karmazin speaking about the merger just after it was announced, and what will be happening with the company going forward.
The video, which cuts off just after Mel speaks of the interoperable device, does not get into specifics along the lines that were given in the “Town Hall Meeting”, but does give general outlines of some of the things that will be announced after Labor Day. It would appear that perhaps this video was geared towards employees who could not participate in the live “Town Hall Meeting” meeting.
If nothing else, it is interesting listening for passionate fans of satellite radio.
There is no telling how long this link will be active, so listen while you can.
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This article has 14 comments:
DO YOU HAVE HOT GOATEE LIKE TYLER HUH MILJANJS!? RUN BLUE MAMA RUN!
miljanjs:
I maybe new to the market, but my average cost for my SIRI is only 1.68, cause I looked at the cap and figgered ain't worth 4 bucks - so didn't buy - even when the talk was a pop to 5 on the merger approval.
I know of know one who doesn't have one or both of these radios and they love them.
Disclosure: Long SIRI
I wasn't even referring to the title video because I can't view it, probably don't have the right media player. My point was made after watching Mel on Bloomberg, Mad Money, and the CC. His points are becoming played out and now it's time for the meat and potatoes. In his defense, I can understand how he avoided specifics due the discovery process of the merger and it takes time to unravel the books but a cocky attitude behind new veneers will only keep people's interest for a short while.
I don't want to be conceived as a Mel basher and think he now is aware of what needs to be done and will lay everything out after Labor day. In my eyes, he gained a tot of credability by leaking out the iPhone news, but this too will backfire if not clearly address when he speaks. I also like Mel's attitude and street smarts in dealing with the shorts and his respect for the shareholders of the company. After just coming off a 3 month session with Motorola, I understand the value of a pro active leader.