Sirius Names Mel Karmazin as Its CEO
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In the latest coup for the fledgling satellite radio industry, Sirius Satellite Radio Inc. on Thursday named former Viacom Inc. President Mel Karmazin as its chief executive officer.
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WASHINGTON -- Sirius Satellite Radio Inc. chief executive Mel Karmazin clarified his pledge to freeze prices in order to win approval of the proposed $4.29 billion purchase of XM Satellite Radio Holdings Inc.
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Mel Karmazin, the former president of media conglomerate Viacom Inc., is joining Sirius Satellite Radio Inc. as CEO, replacing Joseph Clayton, who is staying on as chairman, the company announced Thursday.
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The bar was set high for Sirius Satellite Radio Chief Executive Mel Karmazin from the start of congressional hearings on the proposed merger of his company with XM Satellite Radio. He was appearing at the first proceedings of the newly formed House Judiciary Committee Anti-Trust Taskforce.
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Love him or hate him, he delivers the goods. Howard Stern&#39;s five-year deal with Sirius Satellite Radio (nasdaq: SIRI - news - people ) helped it to add more than 69,000 new subscribers in September to pass the 700,000 mark.
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(Editorâs note: This journal was written and submitted before news late yesterday that Mel Karmazin, former head of Viacom, was named CEO of Sirius.
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Howard Stern, one of the most popular US radio personalities, on Wednesday said he will broadcast his show on Sirius Satellite Radio Inc.
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Sirius Satellite Radio  plans to buy U.S. rival XM Satellite Radio  for $4.6 billion in stock to bring entertainers such as Oprah Winfrey and shock-jock Howard Stern under one roof, but a top regulator said the deal would face a tough time winning approval.
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Early holiday wishes. Sirius Satellite Radio (nasdaq: SIRI - news - people ) is looking to unwrap its blockbuster gift a year ahead of schedule.
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The king of raunch is expected to induce millions of his listeners to follow him from his nationally broadcast radio show to Sirius, where, as with cable TV, he will no longer be policed by the Federal Communications Commission.
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In his first public-speaking engagement since taking the reins 80 days ago, Sirius Satellite Radio chief executive Mel Karmazin said Wednesday that he believes having Howard Stern onboard will bring millions of subscribers as well as advertising revenue to the company.
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The chief executive of Sirius Satellite Radio, Mel Karmazin, is taking the campaign to sell his companyâs proposed merger with XM Satellite Radio to Washington.
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By Laura Petrecca  If there's anything that Mel Karmazin knows, it's the art of the deal.    The 63-year-old media executive has spent most of his career expanding the reach -- and public profile -- of the companies he's run.
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Toys "R" Us Inc. on Friday said it has appointed a former acting CEO of RadioShack Corp.  to the newly created post of executive vice president, chief operating officer.
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Martha Stewart Living Omnimedia Inc. announced that Susan Lyne, former president of Walt Disney Co.âs ABC Entertainment unit, has been named chief executive.
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Sirius Satellite Radio Inc. CEO Mel Karmazin sought to allay shareholder concerns at the company's annual meeting Thursday, saying he was just as disappointed as other investors in Sirius' lagging stock price. Compared to rival XM, however, he said: "We suck less."
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The head of the National  Association of Broadcasters is urging Sirius Satellite Radio  CEO Mel Karmazin to end his attempt to merge the nation&#39;s two  satellite radio companies and accusing the executive of  misleading the public about the deal&#39;s benefits.