Satellite Radio in Limbo as Merger Stalls

LOS ANGELES -- Sirius Satellite Radio CEO Mel Karmazin has more than just a stalled merger with XM Satellite on his mind. He's also wondering what it's going to cost to keep his star talker, Howard Stern, on board. "Great content costs money," Karmazin reminded analysts Tuesday during a conference call to discuss quarterly earnings. Read more...

Posted by Editor at February 28, 2008 09:46 AM