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.
Contact Information
Peer Companies
NAICS Code Radio Networks: 515111
Recent Events
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Sirius XM Unit To Offer $350 Mln In Notes - Update
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Wi-Fi: Satellite Radio's New Frontier
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Making mergers work
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Grapevine: Lindsay Lohan spoofs herself in new video
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Preview
News & Analysis
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sirius satellite radio inc. - All News and Analysis
Sirius XM Silences Critics with New Contract for Karmazin
Brandon Matthews submits: by Brandon Matthews A SEC filing from Sirius XM Radio SIRI Tuesday reveals that Mel Karmazin, the company’s Chief Executive Officer, has signed a new contract extending his term through and until Dec 31,2012. by Satwaves
Sirius Rewards CEO, On the Brink of Better Times
VFC submits: Mel Karmazin, CEO of SiriusXM Satellite Radio SIRI , recently received a contract extension and a raise in his base pay from $1.25 million to $1.5 million. Additionally, Karmazin has the option to purchase up to 120 million shares at an exercise price of 43 cents a...
Sirius XM: Ramp Up in Marketing of iPhone App Is a Positive Sign
Brandon Matthews submits: by Brandon Matthews Don’t look now, but Sirius XM SIRI is making a comeback! I can remember when I first discovered Sirius Satellite Radio. One of the very first advertisements I recall seeing was a billboard in New York City, perched above I-95 as I sat...
Is Sirius XM Facing a Nasdaq Delisting?
Brandon Matthews submits: By David “Newman” Phillips This past Friday, Sirius XM SIRI saw some wild swings in stock price because of the Russell Index rebalancing. I will not get into my opinion on that, as it has already been covered on the SatWaves messsage boards,...
All Systems Go for Sirius XM Satellite Launch
Brandon Matthews submits: By Brandon Matthews Despite a last minute valve issue discovered while fueling the Russian built, 1,554,000 lb ILS Proton Breeze M spacecraft, it is all systems go for the launch of Sirius XM’s SIRI next satellite, scheduled for a June 30, 2009, 3:10 E.S.T. departure from...
Sirius XM iPhone App: Still Room for Improvement
Tyler Savery submits: The Sirius XM SIRI app is out, and is a very popular download. It ranks among the most frequently downloaded apps not only in the music category, but overall. The app was an instant success despite the absence of Howard Stern, but the popularity has slipped...
Sirius XM Holds Up Well After Russell Rebalance
Brandon Matthews submits: By Brandon Matthews If my inbox Saturday morning can be used as a barometer of market sentiment, the headline of this article alone should have people scratching their heads in disbelief. Let me explain. I first alerted Satwaves readers about the upcoming Russell rebalancing on June...
Movie Sheds Light on Sirius Naked Shorts
Brandon Matthews submits: Stock Shock the movie is breaking new ground. The movie that promises to shed light on illegal naked short selling has actually caught the eye of the United States Securities & Exchange Commission. Stock Shock is a documentary that educates viewers about illegal trading practices, through...
Sirius Bond Offering Success is Hard for Some to Swallow
Brandon Matthews submits: Want Sirius XM Bonds? Take A Number! There can be no denying the fact that Wall Street is looking at Sirius XM Radio with new interest…Literally! Today’s $350 million bond offering was met with demand that would seem highly improbable even in today’s potentially inflationary environment....
Sirius Bears Have Little Left to Lean On
Brandon Matthews submits: By Brandon Matthews On any given day, CNBC viewers see that for every bull, there is a bear on any given index, sector or underlying equity. It is no different for Sirius XM SIRI analysts. It seems that Wall Street is beginning to take notice of...
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 |
Industry Transcripts by Seeking Alpha
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American Greetings Corporation F1Q10 (Qtr End 05/29/09) Earnings Call Transcript
on Jun 24, 2009about AM
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New Frontier Media, Inc. F4Q09 (Qtr End 5/31/09) Earnings Call Transcript
on Jun 11, 2009about NOOF
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Playboy Q1 2009 Earnings Call Transcript
on May 11, 2009about PLA
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Gray Television, Inc. Q1 2009 Earnings Call Transcript
on May 08, 2009about GTN
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CBS Corporation Q1 2009 Earnings Call Transcript
on May 08, 2009about CBS
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