In the interests of keeping this story on the web pages, this week will be devoted to the King of All Media and his great programming on Howard 100 and Howard 101. This morning as this goes to the site, Howard and his crew are returning from a 2 week break where we have been listening to the History of Howard Stern Act 3. Act 4 is in the works and it will be heard this coming December during what would be the Christmas vacation for the Stern crew, if Howard signs an extension with the company.

Howard has said that he has been entertaining offers to return to terrestrial radio. I would submit that this would be insanely stupid. Howard has to be enjoying the freedom that he fought tremendously hard for his entire career. Why go back to where the format would have to be toned down? I understand if money is an issue, so be it. I have also said a thousand times before that even with the financial position Sirius is in, they have shown incredible numbers when it comes to advertising revenue that Howard’s channels have produced.

The other thing Mel Karmazin has to keep in mind besides his long-standing positive relationship with the King of All Media is why jeopardize the most positive business relationship in radio history. Mel was Howard’s boss at Infinity Broadcasting (now CBS Radio). They work well together and know how to bring in an audience.

If  Howard were to leave, it is certain he would take the majority of his audience with him. This is a risk Sirius cannot afford to take.

After what seems like an eternity of waiting, Sirius XM has finally unveiled the first screenshot of their upcoming, official Sirius XM iPhone application.

The shot (pictured above) reveals fairly little about the long awaited application itself but does give fans a glimpse of what’s to come. Sirius XM CEO, Mel Karmazin gave a presentation regarding some of the functionality that can be expected of the App, highlighting features such as the right-hand detail buttons located next to channel listings and noting a “Shopping” page.

The Powerpoint slides used by Karmazin at the meeting can be viewed through the link belopw.

[Via Orbitcast]

Mel Karmazin has sent out a company-wide release meant to raise morale at Sirius XM Radio by showing his staff that the recent, Q1 financial results have put the corporation on top of all other radio businesses throughout the world.

Although Clear Channel came in at a close second (with a first quarter revenue of $603.6 million), Sirius XM Radio still managed to emerge triumphant (with $605M). Karmazin mentions the fact that Clear Channel currently stands a better chance at coming out on top for entire year revenue but takes the opportunity to congratulate Sirius staffers for their hard work during the difficult economic climate.

The entire text of Karmazin’s memo can be read through the link below.

[Via Orbitcast]

Sirius XM CEO Mel Karmazin has made news as his decision to voluntarily forfeit a large number of SIRI stock has reached the public domain and the attention of curious industry observers.

Karmazin relinquished personal stock as part of a Sirius XM business plan dating back to 2003. He and the satellite radio company plan to use the newly released shares in a larger move that seeks to “attract, motivate and retain key employees”.

The total number of SIRI shares let go of by Karmazin number at 30 million with 24 million having already been vested while 6 million more remain unclaimed.

[Via Orbitcast]

Industry observers are sure to be interested in the latest financial results from Sirius XM’s performance over the last few months, a period of time that saw the satellite giant struggling with near bankruptcy amidst a dismal economic climate.

The business is now about to make its Q1 performance public on Thursday, May 7th, allowing outsiders to take a look at operational and financial figures from the first quarter of 2009.

Mel Karmazin himself will be making an appearance on Sirius channel 126 and XM channel 90 as part of a conference call scheduled to discuss the first quarter results at 8am EST.

[Via Orbitcast]

Sirius XM Radio CEO, Mel Karmazin has plead for industry observers and satellite radio companies alike to put an end to the “doom and gloom” mood surrounding the business, saying that the pessimism is only hurting the company’s chances.

While Karmazin may have a point his urging for optimism still doesn’t change the lack of faith that many subscribers have felt in the time from Sirius and XM’s merger onward.

Rate increases and a general lack of communication with their customer base has left many feeling alienated when the problem could have been avoided with better management tactics.

[Via Orbitcast]

Liberty Media has agreed to invest an aggregate amount of $530 million toward Sirius XM in exchange for the future return of the funds and 40 percent of SIRI common stock.

Industry observers continue to be impressed by the ingenuity and good fortune of Sirius XM CEO, Mel Karmazin, and, as evidenced here, it is certainly warranted.

[Via Orbitcast]

Sirius XM CEO, Mel Karmazin is rumoured to be leaving his company after corporate finances continue to plummet. Karmazin may be removed as part of proposed legal action against the company which seeks to punish the CEO for poor business decisions.

Karmazin has been the CEO of Sirius since 2004 after following Howard Stern to the network whom he strongly supported as an executive at Viacom.

Now Karmazin’s strength as leader of Sirius XM Radio has been called into question as part of the attention focused on it’s falling stock value, possibly resulting in the removal from his current position.

[Via Digital Home Forums]