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Latest Mel Karmazin Stories

2011-01-11 07:00:00

The occasion will recognize the Animal League's initiative; 'Taking Stock for the Animals,' celebrating generous corporations and individuals that help save lives PORT WASHINGTON, N.Y., Jan. 11, 2011 /PRNewswire-USNewswire/ -- North Shore Animal League America - the world's largest no-kill animal rescue and adoption organization - President J. John Stevenson, its national spokesperson Beth Stern and Sirius XM CEO Mel Karmazin will ring the NASDAQ Closing Bell on Wednesday, January 12, 2011...

2010-09-29 14:20:00

NEW YORK, Sept. 29 /PRNewswire/ -- SIRIUS XM Radio (Nasdaq: SIRI) today announced that Mel Karmazin, its Chief Executive Officer, is expected to speak at the Liberty Media Corporation 2010 Investor/Analyst Meeting in New York City, on Friday, October 1, 2010 at approximately 10:00 am ET. (Logo: http://photos.prnewswire.com/prnh/20080819/NYTU044LOGO ) (Logo: http://www.newscom.com/cgi-bin/prnh/20080819/NYTU044LOGO ) An audio webcast of the presentation will be available via the Investor...

2010-09-13 10:05:00

NEW YORK, Sept. 13 /PRNewswire/ -- SIRIUS XM Radio (Nasdaq: SIRI) today announced that Mel Karmazin, its Chief Executive Officer, is expected to speak at the Bank of America Media, Communications & Entertainment Conference in Newport Beach, CA, on Wednesday, September 15, 2010 at approximately 8:45 am PT (11:45 am ET). An audio webcast of the presentation will be available via the Investor Relations section of the company's website, www.sirius.com, at approximately 8:45 am PT (11:45...

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2009-02-17 16:31:04

Liberty Media Corp. will invest $530 million in Sirius XM Radio Inc., after the satellite radio provider said it could file for bankruptcy as early as Tuesday if it could not successfully negotiate with its debt holders.  Liberty, which owns DirecTV, and Sirius said the loan will go toward paying $171.6 million in debt that comes due for Sirius on Tuesday. The remainder will be used to pay other debts coming due in May and at the end of the year, and for general working capital to...

2009-02-17 14:02:03

Sirius XM Radio creditors said they preferred the U.S. satellite radio company make a deal to avoid bankruptcy, in spite of the company's $175 million debt. From our perspective, there are restructuring alternatives that are preferable to bankruptcy, said Edward Weisfelner at bankruptcy firm Brown Rudnick. Weisfelner said creditors would move to replace executives, including Sirius XM Chief Executive Officer Mel Karmazin, or appoint their own trustees if the company filed for Chapter 11...

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2009-02-11 10:55:30

Months after the merger that created the satellite radio company Sirius XM, mounting debt has forced the company to hire advisers to prepare for a possible bankruptcy filing, the New York Times reported. While the bankruptcy isn't likely to affect service for Sirius XM's 20 million subscribers, high-priced talents like Howard Stern and Martha Stewart's contracts may be terminated. Capital IQ said with over $5 billion in assets, Sirius XM would be the second-largest Chapter 11 filing so far...


Word of the Day
bibliopole
  • A bookseller; now, especially, a dealer in rare and curious books.
This word comes from a Greek phrase meaning 'book seller.'
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