SATWAVES

Sirius XM Ad Campaign Already Paying Dividends

By Brandon Matthews Sirius XM Radio (SIRI) CEO Mel Karmazin announced today that the company's branding campaign, featuring live concert footage by Elvis Presley, is succeeding in promoting the Sirius XM brand. Karmazin indicated that a preliminary check of holiday sales of its products are in line with the company's expectations, to this point stating: "were very much on target to what we anticipated." Karmazin announced at the Reuters Global Media Summit in New York that: "We are in the ...

Applying Matt Taibbi’s Goldman Sachs Article To Sirius XM

By Brandon Matthews The date was March 16,2009. Sirius XM (SIRI) announced that its bankruptcy, that many investors suspected had been intentionally orchestrated by the likes of Charles Ergen of DISH Network (DISH) by means of a take-down orchestrated by Goldman Sachs (GS), had been averted due to a last minute helping hand from John Malone's, Liberty Capital (LCAPA). The stock reached a high of .37 on March 18, after having been as low as a nickel, which had been caused by the attack of t...