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John Malone may not have Sirius XM, but he still has a media empire

Everybody’s blogging and twittering away over Liberty Media Corporation’s failed attempt to take de facto control of Sirius XM satellite radio. The Federal Communications Commission rejected Liberty’s application on Friday. Liberty owns 40 percent of Sirius XM stock. The reasons for the rebuff appear to be technical: “We find Liberty Media’s applications to be unacceptable […]

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SiriusXM's Karmazin pretty much admits it's good to be a monopoly

SiriusXM’s Karmazin pretty much admits it’s good to be a monopoly

Last Thursday, on the eve of the company’s tenth anniversary celebration with Bruce Springsteen, SiriusXM CEO Mel Karmazin appeared for a thirteen minute interview on Jim Cramer’s CNBC investment show Mad Money. There are two big questions on the mind of satellite radio watchers: will John Malone’s Liberty Media buy up more of SiriusXM, and […]

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