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Posts Tagged ‘Mel Karmazin’

Mel Karmazin to Resign From SiriusXM

After much speculation about the future of CEO Mel Karmazin at SiriusXM, a decision was made today. Karmazin told the Board of Directors that he’ll be leaving the satellite radio company February 1, 2013, when his current employment contract expires and after a transition period. All Access reports that the media executive will also step down from the Board of Directors.

In August, Liberty Media acquired additional shares of SiriusXM, in a bid to take over the company. Thus began Karmazin’s internal battle with his future of SiriusXM.

Karmazin, 69, joined Sirius as CEO in 2004. He was instrumental in hiring Howard Stern two years later as one the satellite network’s signature voices.

Read Karmazin’s statement after the jump

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Tom Brokaw, Vernon Jordan and the Shy Divorcee

1003_mockup.gifIt was SRO at Michael’s today. The dining room was so jam packed every sqaure inch was occupied by a mogul (Mel Karmazin!), media heavyweight (Tom Brokaw, Jon Meacham, Jeff Zucker), or social swan (divorcee of the moment, Mercedes Bass who moved to the Garden Room with pal Lynn Nesbitt when the decibel level and fabulousness of it all got to be too much).  Just a thought: if you’re looking for a quiet, out of the way lunch spot, you might want to consider going somewhere else on Wednesday.

I was joined today by Forbes‘ new editor, Randall Lane. In his new position, Randall is presiding over familiar territory to him: the lives of the ridiculously rich and ambitious. In a previous life, he was the editor of Trader Monthly which chronicled the age of excess of the Wall Streeter of days gone by.  That experience later provided plenty of fodder for his book, The Zeroes: My Misadventures in the Decade When Wall Street Went Insane. In the interim, he’s been an editor at large for Newsweek and written for The Daily Beast. Having worked with him years ago when he was the editor in chief on the startup Justice, which covered the hot trials and legal issues of the day, I was thrilled when I heard he’d gotten the top job at Forbes back in September.

Randall first worked at Forbes fresh out of college in the nineties and spent six years “chasing rich people” and working on the franchise’s venerated power lists which required (and still do) hundreds of hours of research and manpower. “In some ways, it feels like I never left,” he tells me.

Diane Clehane and Randall Lane
Randall Lane and yours truly

Since taking the helm, Randall has been on a mission to make the book more visually exciting with interesting photography (the arresting cover image of Bill Gates in the “World’s 70 Most Powerful People” issue is a winner), fresh design elements courtesy of the Brooklyn-based shop Athletics, a livelier front of book section and more in-depth profiles on people the Forbes reader wants to know about.  Exhibit A: The cover story in the November 7 issue on Dropbox’s Drew Houston, the 28 year-old mogul who turned down Steve Jobs and is now worth $600 million which drew one million hits on Forbes.com.

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Morning Mayor Harry Harrison a Comforting Presence at WCBS-FM in Days Following 9/11 Tragedy

As you’ve been reading, FishbowlNY has explored how some of your favorite TV and radio personalities are coping with the 9/11 attacks—ten years later.  

None has been more beloved than the Morning Mayor—Harry Harrison.

Harrison spoke with FishbowlNY for our special 9/11: New York Remembers feature.

The Hall of Fame DJ ended his steady work with WCBS-FM in 2003. At the time, the legendary jock received numerous letters and online accolades as he stepped into retirement.

Many offered comments highlighting Harrison’s work on the days that followed September 11, 2001.

“Yours was the voice that comforted us in the terrible days after 9/11,” One person writes. “You encouraged us to be brave, to smile, to be happy, and basically appreciate life.”

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Schizophrenic Radio Host Phil Hendrie Masters the Web

As far as FishbowlLA is concerned, no amount of praise for LA radio host Phil Hendrie is too much. His wacky cavalcade of characters is a supremely entertaining 21st century echo of everything from San Francisco’s Firesign Theater to UK’s The Goon Show.

The latest journalist to chime in with a Hendrie huzzah is OC Register radio beat columnist Gary Lycan. In the spring LA Arbitron ratings, Hendrie’s KTLK 1150 AM weeknight show (with Saturday nights companion broadcast on KFI 640 AM) is the number one spoken word program among listeners ages 12 through 54. But it’s what Hendrie has done with his website in recent years that’s truly impressive:

Hendrie took matters into his own hands with his website. He’s doing podcasts, videocasts, webisodes, and making available his archived shows – all for a subscription fee. “I am exploiting new media, not relying on radio. It’s financially more profitable because people are paying me money. I am doing a better job selling “The Phil Hendrie Show” than anything Mel Karmazin (Sirius XM) has done.”

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I Want Media’s ‘Media Person of the Year’

journalist08.jpgA the year draws to a close get prepared for the usual onslaught of lists! We all know Time‘s Person of the Year is a non-compete, but I Want Media, which has just launched its yearly Media Person of the Year poll may provide a slightly more open playing field. Here are your choices: Arianna Huffington, Rachel Maddow, Sam Zell, Rupert Murdoch, Tina Fey, The Twitter Trio, Mel Karmazin, Jason Kilar, Eric Schmidt, and closest to our hearts, “The Laid-Off Journalist” (also, Page Six’s pick).

Think they left some out? They are also taking nominations. We would argue that due to his magazine and newspaper selling power (not to mention the YouTube fireside chats) Barack Obama is a obvious but viable choice. Also, how about the citizen journalist, or Tina Brown? Let us know your suggestions!

Sirius-XM Merger? Not So Fast, Mel

Via B&C:

Atter months of speculation, the two major satellite radio companies have made it official. XM and Sirius Satellite Radio have announced a planned all-stock merger that they say will create a satellite radio company valued at $13 billion, with debt of $1.6 billion. XM shareholders each get 4.6 shares of Sirius common stock for each share of XM stock. Combined, the companies claim 2006 revenues of $1.5 billion and approximately 14 million subs. Mel Karmazin, CEO of Sirius, will be CEO of the new company.

But, holdonaminute Mel, says, well, everyone, including FCC chairman Kevin Martin:

Martin said yesterday in a statement: “The companies would need to demonstrate that consumers would clearly be better off with both more choice and affordable prices.”