Sirius CEO Mel Karmazin was bullish on advertising revenues as he addressed investors during yesterday's second-quarter earnings call. He also raised the year-end subscriber goal from 2.7 million to 3
million and said that by year's end there will be more than 9 million subscribers to satellite radio total. Last week during its second-quarter earnings call XM increased its year-end subscriber
projection from 5.5 million to 6 million.
Read the whole story at Adage.com, August 3, 2005 »