Karmazin: XM-Sirius Merger Momentum Is Building

Even as Sirius narrowed their loss and raised revenues 51 percent to $226.4 million (and subscriber counts grew 53 percent), CBS Radio division revenues fell 11 percent to $463.4 million. From CNNMoney: “CBS’ radio division, which made headlines this year when it dropped talk show host Don Imus because of controversial remarks he made in reference to a women’s college basketball team, suffered from a weak advertising market.”