BNET Industries

Last Fiscal Year Sales:$1.6B
- Private
Dow Jones Description
Sirius Satellite Radio and XM Satellite Radio completed their merger in July 2008 and is now called Sirius XM Radio Inc.
Board of Directors
Leon D. BlackContact Information
Peer Companies
NAICS Code Radio Networks: 515111
Recent Events
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Inside Sirius Institutional Ownership
News & Analysis
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brandon matthews and sirius satellite radio inc. - All News and Analysis
Apple's 3.0 Update Is a Sirius Game Changer
Brandon Matthews submits: By Demian Russian The combined strengths of an Apple AAPL and Sirius XM SIRI partnership are now becoming even more clear. In my last article, I explored the possible synergies between the two companies – the potential of the satellite radio provider breaking...
Sirius Marketing Deserves Some Credit
Brandon Matthews submits: Now that Sirius XM SIRI has made the leap of faith by disclosing its true subscriber numbers by separating promotional subscribers from self paid subscribers, a little light can be shed on the company’s marketing plan. by Brandon Matthews
Apple, Internet Radio Will Not Cancel Out Satellite Radio
Brandon Matthews submits: by Gino Lattarulo Recently I read an article from a popular technology web site in which the author believes that satellite radio will die this summer, as a result of the iPod and iPhone coming out with a new Broadcom BRCM BCM4329 chip that would give...
Royalty Changes in Terrestrial Radio Could Bode Well for Sirius XM
Brandon Matthews submits: Reuters is reporting that The U.S. House of Representatives Judiciary Committee voted 21 to 9 on Wednesday to send the Performance Royalties Act to the full House for a vote. The current bill before the House of Representatives, H.R.4789, states that Terrestrial Radio should provide fair...
Sirius XM: Long Term Gain Will Follow Short Term Pain
Brandon Matthews submits: Sometimes I think that there are media elements at work that exist for the sole purpose of creating fear and doubt among Sirius XM SIRI investors and consumers alike. This fear tactic works in two ways. It first creates a negative sentiment in persons invested in...
A New Sirius Trading Theory
Brandon Matthews submits: Once again, I am going to put myself "out there" to be judged and crucified again. At this point, I believe that is what is expected of me. Like staring at an E.K.G. readout, watching a stock chart all day can be quite boring to most...
Sirius XM's Subscriber Numbers Grow, Despite Economy
Brandon Matthews submits: It should come as no surprise to anyone that the moment Sirius XM SIRI announced that its total subscriber base had plummeted by 400,000 in a single quarter, its stock began a 33% fall from the high it had achieved just moments before. A closer look...
Apple and Sirius XM Partnership: Combined Strengths Too Big to Ignore
Brandon Matthews submits: The potential synergies between Sirius XM SIRI and Apple AAPL are now becoming too big to ignore. Both companies have huge strengths to offer each other, particularly where they both have marked weakness. The iPod has 70% market share in the MP3 player market (according to...
Sirius XM Needs a Growth Plan
Brandon Matthews submits: I have mixed emotions on Sirius XM's SIRI first quarter call. Although long term I remain bullish on the company, the near term I'm afraid leaves me less enthusiastic. The longer term positives arising from the report are stellar, while the shorter term negatives border on...
How Will Rehr's Resignation Impact Sirius?
Brandon Matthews submits: As reported by Satwaves Wednesday, David Rehr has resigned as President of the National Association of Broadcasters (NAB). This single act may open the door to several possibilities for both terrestrial radio and Satellite Radio to move forward. I would venture a guess that...
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Leon D. Black | Board of Directors |
In 1990 Leon Black founded Apollo Management, L.P. a global alternative asset manager, with a proven track record of successful private equity, distressed debt and mezzanine investing. The firm manages investment capital on behalf of a group of institutional investors and has approximately $27 billion in assets under management. From 1977 to 1990 Mr. Black worked at Drexel Burnham Lambert Incorporated where he served as Managing Director, head of the Mergers & Acquisitions Group, and co-head of the Corporate Finance Department. He serves on the boards of directors of Sirius Satellite Radio Inc., and the general partner of AP Alternative Assets. Mr. Black is a trustee of Dartmouth College, The Musuem of Modern Art, Mt. Sinai Hospital, The Metropolitan Musuem of Art, Prep for Prep, and The Asia Society. He is also a member of The Council on Foreign Relations, The Partnership for New York City and the National Advisory Board of JPMorgan Chase. Mr. Black is also a member of the Board of Faster Cures and the Port Authority Task Force. He graduated summa cum laude from Dartmouth College in 1973 with a major in Philosophy and History and received an MBA from Harvard Business School in 1975.
| Organization | Position | Status |
|---|---|---|
| Apollo Management L.P. | Founding Partner | Current |
| Open Road café | Director | Current |
| JPMorgan Chase & Co. | National Advisory Board | Current |
| Asia Society | Board of Trustees | Current |
| Prep for Prep | Board of Trustees | Current |
| Fastercures | Board of Directors | Current |
| Wyndham International | Board of Directors | Current |
| Lincoln Center | Board of Trustees | Current |
| The Metropolitan Museum of Art | Board of Trustees | Current |
| SIRIUS Satellite Radio Inc. | Board of Directors | Current |
| United Rentals, Inc. | Board of Directors | Current |
| Vail Resorts, Inc. | Board of Trustees | Current |
| The Mount Sinai Hospital | Board of Trustees | Current |
| The Museum of Modern Art | Board of Trustees | Current |
| Partnership for New York City, Inc | Member | Current |
| Council on Foreign Relations | Member | Current |
| Drexel Burnham Lambert Inc. | Managing Director, Mergers & Acquisitions | Former |
| AREA Property Partners | Co-Founder | Former |
| Drexel Burnham Lambert Inc. | Co-Head, Corporate Finance | Former |
| Dartmouth College | Graduate, Philosophy & History | Former |
| Nalco Holding Company | Board of Directors | Former |
| Dartmouth College | Board of Trustees | Former |
| AMC Entertainment, Inc. | Board of Directors | Former |
| Samsonite Corporation | Board of Directors | Former |
| Sequa Corporation | Board of Directors | Former |
| Harvard Business School | M.B.A. | Former |
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