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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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Sirius XM "extremely disturbed" by FCC wireless non-interference proposals

Sirius XM "extremely disturbed" by FCC wireless non-interference proposals

Sirius XM satellite radio CEO Mel Karmazin warned the Federal Communications Commission on Thursday that the FCC’s proposed non-interference rules with a nearby wireless band won’t do. “We are extremely disturbed by the proposal,” Karmazin confided in a letter sent to the agency’s Chair, Julius Genachowski. “The proposed rules seem to bear little resemblance to […]

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