Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.
NEW YORK Mel Karmazin told analysts Tuesday that the merger of satellite radio services Sirius and XM “is ripe to be granted.”
Karmazin, CEO of Sirius, also reiterated his desire to cut prices for satellite radio subscriptions, something he could accomplish far more easily if XM and Sirius were allowed to merge, he said.
Such a merger would save “hundreds of millions of dollars in efficiencies,” he said, citing a third-party source he declined to name.
But
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in