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Untitled Document

Killing Melvin Karmazin

Published: Wednesday, April 04, 2007

-SHOMARI HINES

After spilling his guts and making all kinds of promises to the government, Sirius CEO Mel Karmazin may still see his merger plans with XM shot to hell by the same group who shot the merger plans of satellite TV providers Echostar and Direct TV dead. The group seems to have a thing against space based services joining forces. So how, if at all will Mel talk his way out of this? He may have to turn his super sales man hat backwards and get pushy with em.


The Carmel Group, the influential research firm whose analysis helped kill the 2003 merger of EchoStar and DirecTV, will release a new report today that outlines the strongest arguments yet against merging satellite radio companies Sirius and XM, The Post has learned.Sponsored by the National Association of Broadcasters, which has already come out against the deal, the 11-page independent white paper includes a point-by-point rebuttal to the six main arguments put forth by Sirius and XM in favor of a merger.


CARMEL GROUP THROWS WRENCH INTO SIRIUS/XM MERGER [NYP]

Labels: MelKarmazin, SatelliteRadio, SHOMARIHINES, Sirius, XM

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