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XM, Sirius Deny Rumor Of Merger
- Washington Post, January 27, 2005, Thursday, January 27, 2005 10:21 AM
Former Viacom Inc. president Mel Karmazin held his first conference call with analysts as chief executive of Sirius Satellite Radio Inc. yesterday to discuss the company's rising revenue and its 2005 guidance. But the first question he got wasn't about Sirius's financial outlook. It was about a rumor that Sirius was in talks to merge with its rival, District-based XM Satellite Radio Holdings Inc.
