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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network technology and sirius satellite radio inc. - All News and Analysis
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...
Who'll Blink First: Sirius, Loral or the Banks?
Tyler Savery submits: Conspiracy theorists will love this article. There are many who feel that Sirius XM Radio SIRI stock is heavily manipulated. In many ways, it is hard to argue against that stance. However, like many things in life, it is hard to find the smoking gun, and...
New Sirius Channel Line-ups Cause Stir
Tyler Savery submits: Fans of satellite radio are passionate. It is for this reason that I knew the channel line-ups would cause confusion, opinion, and even outrage. It simply is the nature of the beast. You can not make all of the people happy all of the time. Sirius...
Analysts Weigh in on Sirius' First Quarter as a Merged Company
Tyler Savery submits: The conference call of Sirius XM Radio SIRI is behind us, and analysts are beginning to weigh in with their respective thoughts on the first quarter as a merged satellite radio entity. Among those issuing reports Tuesday were Merrill Lynch, Goldman Sachs, Miller Tabak, and JP...
Analysts See Weak Auto Sales as Real Challenge for Sirius XM
Tyler Savery submits: Merrill Lynch analyst Jessica Reif Cohen issued a critical report on Sirius XM Radio SIRI Monday. The media analyst notes that auto sales for 2008 and even 2009 appear to be troubling for satellite radio as the OEM channel has been an integral part of the...
Barrington Stays Positive on Sirius
Tyler Savery submits: Barrington analyst Jame Goss has rated Sirius XM Radio SIRI as OUTPERFORM in a note issued October 30th. The analyst feels that, “the satellite radio concept is viable and valuable, particularly as changes are made in the context of a single corporate survivor. Our bias on...
Karmazin Video Provides Some Sirius Answers
Tyler Savery submits: People invested in satellite radio have been looking for answers… any answers. They have had a strong desire to hear from the company, and want to know what the plans going forward are. In a perfect world, we would all have these answers, but...
Is Citigroup Laying Off Analysts?
Brandon Matthews submits: Reports are coming in that Citigroup C is laying off analysts globally and is cutting the number of companies it covers by 7%. 11 U.S. analysts are reported to have been given their walking papers today including the departures of Joshua Attie, Brad Ball, Shannon Cowherd, Chip...
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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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