
Read this
New York Times interview with Mel Karmazin. The interview is a little unfocused. It starts out rambling about Howard Stern, briefly dispersed Mel quotes, and discusses the horrible debt situation of Sirius XM. The writer of the article says he sat with Mel in his office for an interview but then writes very little on the interview in the article.
Here are a couple of dispersed Mel quotes from the article:
“If you take a look around at all of the media space — I’m not trying to paint the rosy picture because we have challenges connected to our liquidity and certainly our stock price is dreadful,” Mr. Karmazin says. “But, you know, our revenues are growing double digits. We’re growing subscribers. We’re not losing subscribers.
“So if would be unfair to compare us to a newspaper business that’s losing circulation and losing revenue, traditional television, traditional radio,” he adds. “They have fundamental company flaws or industry flaws.”
Nice of Mel to take a shot at the New York Times in the quote above, The New York Times has been losing circulation, advertiser, etc. hand over fist to different forms of media on the internet.
It's just a badly written article in my opinion, not because of its negative tone, but because it’s unfocused.
Others may have a different opinion though.
Source -
New York Times
Bottom line the NYTimes did not seem to get is satellite radio is just better radio.