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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investment and xm satellite radio inc. - All News and Analysis
XM Founder Steps Down As Sirius XM Chairman
Sirius XM (NSDQ: SIRI) Chairman Gary Parsons is resigning from the company’s board; Parsons co-founded XM Satellite Radio, which merged with Sirius last summer. He led the company after the merger, along with Sirius XM CEO Mel Karmazin. Eddy Hardenstein, a Sirius XM director who is also the publisher...
Liberty Media Q2 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Our first question will come from Jason Bazinet of Citi. Jason Bazinet - Citigroup I have a quick question on Liberty Capital. When I do my back-of-the-envelope calculation, it seems like the valuation makes sense if you don’t include any equity for the Sirius...
Earnings: Sirius XM Ups Guidance, Subscriber Losses Smaller Than Expected
Sirius XM (NSDQ: SIRI) managed to cut its losses during the quarter, as it benefited from savings due to the merger between Sirus and XM a year ago. Subscription acquisition costs per subscriber dropped 20 percent to $57 from $71. And the company managed to eek out an increase...
Sirius XM Price Hike Using Royalties As Income Boost Excuse?
Sirius XM has been notifying subscribers of a price hike that the company ascribes to increased music royalties that the service is incurring. But while the company is getting charged more, the subscription increases far outstrip the higher royalties, seeming to put the company in conflict with a promise it...
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...
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
Sirius XM Tries to Save Itself; Will Stock Sale Work? [UPDATED]
Sirius XM got approval from shareholders for a reverse stock split and now is working on a plan to issue over 108 million new shares of stock. The latest financial moves by Sirius are necessary, given a stock price that's a little over a dime a share, potential Nasdaq delisting,...
Sirius XM Nears Top of Shorts List
Tyler Savery submits: The short positions for equities in NASDAQ have been published and once again, Sirius XM Radio SIRI is near the top of the list. From September 15th to October 15th, short interest increased roughly 33,000,000 shares and now stands at about 232,000,000. This places Sirius XM...
Finally Some Good News for Sirius Shareholders
Brandon Matthews submits: Now that Sirius XM SIRI has laid out its cards on the table, I’d like to offer my view. I’m surprised at all the surprise and negativity from these other analysts. I mean, they have to be kidding, right? On the reverse split issue, allow me...
Analysts Find It Hard to Be Bullish on Sirius XM
Tyler Savery submits: Janco and Merrill Lynch both came out with reports on Sirius XM Radio SIRI Tuesday. From Janco’s perspective, analyst April Horace is downgrading the equity to market perform with her price target under review. Merrill’s Jessica Reif Cohen is maintaining her $1.00 price target with an...
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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