We would like to thank Mel Karmazin for eight years of service at Sirius XM. Mel oversaw Sirius' merger with XM and took the company from the brink of bankruptcy to one with increasing free cash flow, strong revenue growth and the best premium content available anywhere.
|Mel Karmazin, CEO of Sirius XM.|
- Karmazin exits stage left.
- The SIRI ticker dies.
- Sirius XM becomes part of Liberty Media's solid stable, which includes Starz, the Atlanta Braves and interests of various sizes in companies ranging from Barnes & Noble (BKS) to Viacom (VIA)
- Liberty hires a tech/Internet/new media guy to lead Sirius XM or the cross-platform integration of the company's various interests.