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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satwaves and sirius satellite radio inc. - All News and Analysis
Sirius XM Long Term Investors Will Make a Good Deal of Money - Gabelli
Brandon Matthews submits: By Brandon Matthews Shut off the cameras and unplug the lights. This week's exclusive Satwaves interview was conducted privately with Media and Entertainment Analyst Brett Harriss, of Gabelli & Company (NYSE:GBL). “Brett Harriss joined Gabelli & Company as a research analyst in 2008 covering...
What Is Making Sirius XM Shares Behave Mysteriously?
Brandon Matthews submits: By Brandon Matthews Shares of Sirius XM Radio (Nasdaq: SIRI) have been behaving mysteriously. Several weeks ago, I issued a point & figure technical alert on a potential bullish catapult that was beginning to form. Three weeks later, this bullish catapult is still developing as volume...
What Is the Motivation Behind Negative Press on Sirius XM?
Brandon Matthews submits: By Brandon Matthews There was a time not too long ago, that the media was used by hedge funds to assist those with short positions in Sirius XM Radio (Nasdaq: SIRI). Looking back, I can make this statement with a high degree of certainty following Overstock.com’s...
Sirius: The Next Great 'Crisis' and Some Forgotten Facts
Brandon Matthews submits: By Whitney a.k.a. “The Duke” If you read the financial writers or analysts, SIRI is like some drunken sailor lurching from one crisis to another. Solve one crisis and another one immediately pops up. by Satwaves
Sirius Outlook, Auto Sales Update
Brandon Matthews submits: By Brandon Matthews It’s a good thing that Sirius XM Radio SIRI is aggressively marketing itself this quarter, because the OEM landscape is looking pretty bleak. Auto sales declined across nearly every auto maker on a month to month basis with the exception of...
RBC on Sirius: Past, Present, Future
Brandon Matthews submits: By Brandon Matthews In yet another exclusive Satwaves Radio interview, Senior Global Media Analyst, David Bank of RBC Capital Markets discussed the past, present and future potential of Sirius XM Radio SIRI. by Satwaves
Sirius XM's Karmazin Speaks Out Against Reverse Split
Brandon Matthews submits: By Brandon Matthews In an interview with Sirius XM SIRI CEO Mel Karmazin following the Reuters Media Summit held Monday in New York, Karmazin outlined his case for new listing requirements that would exempt Sirius XM from minimum share price requirements under NASDAQ rules....
Janco Partners' Arenson Resumes Sirius Coverage, Discusses Pros and Cons
Brandon Matthews submits: By Brandon Matthews In another exclusive Satwaves Radio interview, Senior Analyst Murray Arenson of Janco Partners called in to discuss the reasons for the firm’s resumption of coverage of Sirius XM Radio SIRI, with an accumulate rating and .80 price target. Mr. Arenson brilliantly ran...
Sirius Trend: Independent Analyst Opinions Turning Positive
Brandon Matthews submits: By Brandon Matthews A new research report was issued Wednesday by ConvergEx, which publishes a monthly “Jaywalk Concensus” report on thousands of individual equities, on shares of Sirius XM Radio SIRI. ConvergEx's clients include asset managers, broker-dealers, corporations, financial intermediaries, hedge funds and retirement...
Sirius XM CEO Mel Karmazin Dismisses Rumors of Job Offer
Brandon Matthews submits: By Brandon Matthews In a Fox News exclusive, Sirius XM Radio SIRI CEO Mel Karmazin sat down with Neil Cavuto to discuss the current Satellite Radio environment. Karmazin reiterated his position that Sirius XM is now a cash flow growth story as opposed to a subscriber...
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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