BNET Industries
Last Fiscal Year Sales:$1.2B
- Private
- US
Dow Jones Description
Satellite Radio Broadcast
Chief Innovation Officer & Corp Vice President
Stell PatsiokasContact Information
1500 Ecklington Pl NE
Washington, District of Columbia 20002
(202) 380-4000
Peer Companies
NAICS Code Radio Broadcasting: 51511
Recent Events
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In Brief - November 30, 2009
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SIRIUS XM Radio Says Gary Parsons Resigns As Director And Chairman Of Board - Quick...
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Inside Sirius Institutional Ownership
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RADIO/PODCAST: Sirius XM Reports Loss, Signs of Recovery
News & Analysis
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consumer electronics and xm satellite radio inc. - All News and Analysis
Sirius XM Faces Serious Competition from Pandora
Internet music streaming service Pandora is taking aim at the auto market - and, as a result, at satellite radio company Sirius XM. by Erik Sherman
Karmazin: Sirius XM Could Team Up With WorldSpace
Over the last year, Liberty Media (NSDQ: LINTA) has come to the rescue of two satellite radio companies: the U.S. dominant Sirius XM (NSDQ: SIRI) and WorldSpace, which is biggest in Asia and Africa. So, it only makes sense that Sirius XM and WorldSpace may work together in some...
Sirius XM Adds Subscribers; Expects A Better 2010
Sirius XM Radio (NSDQ: SIRI), which has taken a hit over the last year due to the fall in car sales, has a bullish outlook for 2010. In reporting its earnings Thursday, the satellite radio company said it expected its revenue to grow in the “mid- to high-single digits”...
Sirius XM Offers $250 Million Of Debt To Pay Off Liberty
Sirius XM Radio (NSDQ: SIRI) is offering $250 million of debt, in order to pay off debt it owes Liberty Media (NSDQ: LINTA), which saved the satellite radio firm from bankruptcy in February by making a big investment in the company. It's the second time in two months that...
Sirius XM has Serious Underlying Customer Retention Problem
In its latest quarterly announcement, satellite radio carrier Sirius XM tried to sound upbeat. But even as CEO Mel Karmazin tried to point to signs of increased cash flow, the bigger issue became subscriber loss. But the customer count downturn is older than one quarter, and what's getting lost in...
SIRIUS XM Radio Q1 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions We will go first to David Bank of RBC Capital. David Bank - RBC Capital Markets Thank you. Good morning. A couple of questions -- the first one is now that you have established the relationship with Liberty, can you give us a...
Liberty offers USD250m to rescue Sirius
Liberty Media is offering troubled satellite radio Sirius XM a USD250m loan to help it meet its debt commitments, in exchange for an equity stake in Sirius. The loan would help Sirius avoid a takeover from EchoStar CEO Charlie Ergen, who recently bought some of the radio provider's debt...
Sirius looks to Liberty to fend off Ergen
Satellite radio provider Sirius XM Radio hopes investment from Liberty Media will enable it to avoid a takeover by media mogul Charles Ergen. The preliminary talks may spark a bidding war between Ergen and Liberty. Sirius’s shares plummeted 51% in...
Media Roundup: ConnectU Gets $65 Million From Facebook, Sirius XM May File for Bankruptcy and More
In Today's Media Roundup: ConnectU gets $65 million from Facebook, Sirius XM may file for bankruptcy, New York Daily News stops matching employees’ 401k, Marvel to release motion comics and Nearly 40 percent of channels to make digital switch early Sega downsizes by Sean Blanda
Satellite Radio: Lots of In-Car Listeners, No Profits Yet
If satellite radio's wealth were measured in paying customers, it would be a rich company. Sirius XM Radio has almost 20 million subscribers in 2009, compared to less than a million that Sirius alone had in 2004 when it signed on Howard Stern (for an incredible $500 million over five years). In a...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Stell Patsiokas | Chief Innovation Officer & Corp Vice President |
| Vernon L Irvin | Chief Marketing Officer |
| Blair Kutrow | Senior Vice President of Product Management |
| Steve Cook | Group Vice President & General Mg, Automotive Design |
| Mark Rickards | State Zoning Director |
| Brian Shea | |
| Michael Collins | Correspondent |
| Thomas J. Donohue | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Gary M. Parsons | Chairman of The Board of Directors |
| Jarl Mohn | Board of Directors |
| Joan C. Amble | Member, Board of Directors |
| Organization | Position | Status |
|---|---|---|
| XM Satellite Radio Inc. | Chief Innovation Officer & Corp Vice President | Current |
| XM Satellite Radio Inc. | Executive Vice President, Technology and Engineering | Former |
Vernon L Irvin (born 1962 near Pittsburgh) is Chief Marketing Officer for XM Satellite Radio. He previously held positions at MCI (where he was key...
| Organization | Position | Status |
|---|---|---|
| XM Satellite Radio Inc. | Chief Marketing Officer | Current |
Blair is currently the SVP of Product Management at XM Satellite Radio. She was previously VP of Product Management at Nextel Communications where she owned product management for all mobile data devices, applications, services and platforms including the famous Direct Connect offering.
| Organization | Position | Status |
|---|---|---|
| XM Satellite Radio Inc. | Senior Vice President of Product Management | Current |
| Outermesh Technologies, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| XM Satellite Radio Inc. | Group Vice President & General Mg, Automotive Design | Current |
A Florida native, Mark graduated from Palm Beach Atlantic College in 1995 and has remained in Palm Beach County working for a zoning and lobbying firm, surveying company, state zoning director for XM Radio, and founded a private zoning consulting firm in 2001. In 2005 Mark accepted a position as Planning and Zoning Coordinator for Woolbright Development, Inc., a shopping center redevelopment company based in Boca Raton and enjoys living in the Lake Osborne area of Lake Worth with his beautiful wife of eleven years, and two children.
| Organization | Position | Status |
|---|---|---|
| XM Satellite Radio Inc. | State Zoning Director | Current |
| Lake Worth Cra | Chairman | Current |
| Woolbright Development, Inc. | Former | |
| Palm Beach Atlantic College | Former |
| Organization | Position | Status |
|---|---|---|
| Digitallife | Vice President, Marketing, Xm Satellite Radio | Current |
| XM Satellite Radio Inc. | Current | |
| Circuit City | Former |
Michael Collins has been a stand-up comedian for 15 years and has more than seven years experience as a professional caddie. He currently covers the PGA TOUR as a correspondent with XM Satellite Radio and takes his turn on The Turn Tuesdays on GOLF CHANNEL.
| Organization | Position | Status |
|---|---|---|
| XM Satellite Radio Inc. | Correspondent | Current |
| The Golf Channel | Current | |
| Golf Channel Travel | Current |
| Organization | Position | Status |
|---|---|---|
| Xm Widget | Chairman of The Board of Directors | Current |
| Bob Edwards Show | Chairman of The Board | Current |
| XM Satellite Radio Inc. | Chairman of The Board of Directors | Current |
| Open Road café | Chairman of The Board of Directors | Current |
| Raidio | Chairman of the Board of Directors | Current |
| Iradio Waves | Chairman of the Board of Directors | Current |
| SIRIUS XM Radio Inc. | Chairman | Current |
| Sorrento Networks, Inc. | Board of Directors | Current |
| XM Satellite Radio Holdings, Inc. | Chief Executive Officer | Former |
| Motient Corporation | Chief Executive Officer | Former |
| MCI Communications Corporation | President | Former |
| Motient Corporation | President | Former |
| WorldSpace, Inc. | Board of Directors | Current |
| Motient Corporation | Chairman of the Board of Directors | Former |
| Mobile Satellite Ventures LP | Chairman | Former |
| XM Satellite Radio Holdings, Inc. | Chairman | Former |
| XM Satellite Radio Holdings, Inc. | Board of Directors | Former |
| University of South Carolina | Masters of Business Administration | Former |
| Clemson University | Bachelor's Degree In Electrical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Ideation Acquisition Corp. | Current | |
| XM Satellite Radio Inc. | Board of Directors | Current |
| Viewz | Board of Directors | Current |
| Mobitv, Inc. | Board of Directors | Current |
| Iradio Waves | Member, Board of Directors | Current |
| Xm Widget | Member, Board of Directors | Current |
| Xm Wx Satellite Weather | Member, Board of Directors | Current |
| Vuze, Inc. | Board of Directors | Current |
| Raidio | Member, Board of Directors | Current |
| Liberty Digital | Chief Executive Officer | Former |
| Liberty Digital | President | Former |
| Liberty Digital | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| XM Satellite Radio Inc. | Member, Board of Directors | Current |
| Iradio Waves | Member, Board of Directors | Current |
| Raidio | Member, Board of Directors | Current |
| Xm Widget | Member, Board of Directors | Current |
| SIRIUS XM Radio Inc. | Board of Directors | Current |
| American Express Company | Executive Vice President & Controller | Former |
| XM Satellite Radio Holdings, Inc. | Board of Directors | Former |
| American Express Company | Board of Directors | Former |
| The Pennsylvania State University | B.A., Accounting | Former |
Thomas J. Donohue has been a director since November 1998. Mr. Donohue has been President and Chief Executive Officer of the U.S. Chamber of Commerce since September 1997. Mr. Donohue serves as a director of Sunrise Assisted Living, Inc. and XM Satellite Radio.
| Organization | Position | Status |
|---|---|---|
| XM Satellite Radio Inc. | Director | Current |
| Union Pacific Corporation | Board of Directors | Current |
| Union Pacific Railroad Company | Board of Directors | Current |
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