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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seeking alpha and sirius satellite radio inc. - All News and Analysis
SIRIUS XM Radio Q2 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions We’ll go first to [Les Palinksy] with J.P. Morgan. Les Palinksy - J.P. Morgan Good morning and thank you for taking my question. A couple of questions that I wanted to ask -- one is from the CRBC that you are starting to pass...
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...
SIRIUS XM Radio Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from David Bank - RBC Capital Markets David Bank - RBC Capital Markets Can you give some clarity as to the structure of the preferred shares that are going to Malone? Why was it structured as preferred as opposed to common?...
Markham's Mix Tape: February 17, 2009
Markham Lee submits: The usual mixture of news stories and other tidbits I think you may find interesting: An update on the Sirius-XM Radio SIRI situation: it appears that there is a proposal on the table whereby John Malone's liberty media would invest into the company in exchange...
Three Reasons for Sirius Aggravation
Brandon Matthews submits: I had thought all day of writing this article. Perhaps it was that my attitude became worse as the day progressed, and other issues clouded my original idea, but I now have three issues to address. Now I’m angry! I first need to make it clear...
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...
Sirius Finally Provides Wall Street the Clarity It Demanded
Brandon Matthews submits: I’m beginning to wonder if my vacation was a good thing or bad. Having taken a sabbatical from all things Sirius SIRI, I feel like I’ve come back to absolute confusion among our readers and colleagues. Everything I’ve read regarding the recent conference call led me...
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...
Sirius Reverse Split Only "to Satisfy Listing Requirements"
Tyler Savery submits: At the conclusion of the conference call Monday regarding the third quarter, Sirius XM SIRI CEO Mel Karmazin made a crystal clear statement relating to the issue of a Reverse Split. Karmazin stated that the reverse split, if needed, is “to satisfy listing requirements of NASDAQ”....
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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