Entries tagged "Sirius XM Radio"
As the Big Three automakers are pleading with the U.S. government for bailout money, Sirius XM Radio Inc. is cheering on the sidelines hoping the carmakers get the aid. Sirius' survival is partly reliant on the American auto industry's existence. ...
Even in the teeth of a recession, Mel Karmazin expects newly formed satellite radio company Sirius XM Radio Inc. to show a huge swing in profitability in the coming year. Karmazin told investors at the Media and Money conference in New York on Tuesday that the company expects to go from negative $400 million Ebitda this year to $300 million in 2009. ...
