Why This CBS-Viacom Merger Will Be Different From 1999
In early September 1999, Viacom and CBS unveiled a roughly $35 billion stock combination — at the time the largest U.S. media deal ever — which was completed in 2000. They then agreed to separate in 2005 and the separation became effective in 2006. Fast-forward nearly two decades, and the two entertainment companies are recombining.
Sirius XM Radio CEO Mel Karmazin Earned $11 Million in 2012
The bulk of his compensation was from a $9.5 million cash bonus that was based in part on increases in subscribers.
Mel Karmazin Leaves Sirius XM Radio
As Liberty Media nears its takeover of the satellite firm, James Meyer, president of sales and operations, becomes interim CEO.
Sirius XM Radio Unveils Shareholder Rewards via Dividend, Stock Buyback
Big shareholder Liberty Media, which owns close to 50 percent of the satellite radio company, has been pushing for such moves.
SiriusXM CEO Mel Karmazin Calls Internet Radio ‘Race to the Bottom’
During an otherwise upbeat third-quarter earnings call, the outgoing CEO slammed the business model behind personalized Internet radio services, but stopped short of naming names.
Sirius XM Posts Record Third-Quarter Revenue, Subscriber Gains
The satellite radio company, led by outgoing CEO Mel Karmazin, signed up 446,000 new subscribers.
Mel Karmazin to Step Down as CEO of Sirius XM Radio
As Liberty Media closes in on taking control of the satellite-radio company, the exec says he'll leave early next year.
Sirius XM Radio Raises Guidance
Chief executive Mel Karmazin makes the announcement at an investor day for Liberty Media, which is in the process of taking control of the satellite company.
FCC Starts Comment Period on Liberty Media Request to Take Control of Sirius XM
Meanwhile, an investor meeting next week will include updates from Liberty top executives and Sirius CEO Mel Karmazin whose future has been in doubt.
Liberty Media Sees Share Repurchases, Dividends and a Spin Off Once it Controls Sirius XM Radio
“It could become the core of what Liberty Media is,” CEO Greg Maffei said of Sirius XM.
Mel Karmazin Speculates His Reign as Sirius XM Radio CEO Will End Soon
When Liberty Media takes control of the company, the exec might be out — "and that's OK with Mel," he said Wednesday, referring to himself in the third person.
John Malone’s Liberty Media Boosts Sirius XM Stake to 49.7 Percent
The move will provide material for questions at a Wednesday investor conference that will feature Sirius CEO Mel Karmazin and Liberty CEO Greg Maffei.