Karmazin: Sirius holiday sales are "strong," but "difficult" compared to last year
Thursday, November 30, 2006 at 2:38 PM
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Superstar CEO Mel Karmazin said on Thursday that Sirius' holiday sales were strong, but might fall short of last year's subscriptions.
"Business is very strong, very good," Karmazin told the Reuters Media Summit in New York. But he added: "We have a very difficult comparison this fourth quarter."
"Assuming that we have a very good last 10 days, then we'll be just fine," Karmazin said. Last year Sirius signed up around 500,000 new subscribers in a 10 day period.
"If in fact, God forbid, we don't, December will go from being what we hope it will be, which will be the very best month in our history, to the second-best month. But no matter what, it's amazingly strong."
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Comments
"....so good, in fact, that me and the boys dumped a boat-load of stock last month..."
Posted by: iband | November 30, 2006 2:54 PM
I love Mel....
Posted by: Frank Z ? | November 30, 2006 3:26 PM
Well there you have it. Even Mel now is admitting that Sirius guidance is unattainable.
Posted by: 93Mustang | November 30, 2006 3:39 PM
Ah... the FIRST backaway from 6.3.
Posted by: pockpie | November 30, 2006 3:44 PM
Should read:
Mel to investors, "Please don't sue".
Posted by: History Guy ? | November 30, 2006 4:47 PM
ohoh--im getting nervous now
Posted by: gary | November 30, 2006 4:51 PM
Mel to investors,: Nothing will compare to the Stern Effect but we will be closer than Panero ever gets to what he let go.... Howard Stern and NASCAR nevermind pissing off how many investors with his sales of company stock...
Sorry kids, Mel will soon school Panero.!
Posted by: NDKFTDIX ? | November 30, 2006 5:13 PM
Mel to investors,: Nothing will compare to the Stern Effect but we will be closer than Panero ever gets to what he let go.... Howard Stern and NASCAR nevermind pissing off how many investors with his sales of company stock...
Sorry kids, Mel will soon school Panero.!
Posted by: NDKFTDIX ? | November 30, 2006 5:13 PM
Mel to investors,: Nothing will compare to the Stern Effect but we will be closer than Panero ever gets to what he let go.... Howard Stern and NASCAR nevermind pissing off how many investors with his sales of company stock...
Sorry kids, Mel will soon school Panero.!
Posted by: NDKFTDIX ? | November 30, 2006 5:13 PM
Mel to investors,: Nothing will compare to the Stern Effect but we will be closer than Panero ever gets to what he let go.... Howard Stern and NASCAR nevermind pissing off how many investors with his sales of company stock...
Sorry kids, Mel will soon school Panero.!
Posted by: NDKFTDIX ? | November 30, 2006 5:14 PM
Mel to Sirius Short sellers "Here, have a bunch of money"
WF
Posted by: Westfall | December 1, 2006 12:17 AM
Well there you have it. Even Mel now is admitting that Sirius guidance is unattainable. -Mustang.
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Mustang, don't be a dick head. If ( and that is still to be seen ) Mel misses, he still misses with more than DOUBLE whatever your loser Panero did.
You forget to remind the folks that Sirius still added more than 1,000,000 subscribers than XM in 2006.
Merry Christmas,
Plowboy1
Posted by: plowboy1 | December 1, 2006 6:57 AM
"You forget to remind the folks that Sirius still added more than 1,000,000 subscribers than XM in 2006. Merry Christmas, Plowboy1"
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And those 1,000,000 more were do to one man, who's name won't be mentioned here. It had nothing to do with Mel.
Now that the effect is over, Mel may realize that retail has indeed slowed down for BOTH companies.
Posted by: SatelliteRadioFan ? | December 1, 2006 9:47 AM
You guys also forget that XM added 900,000 subs last Xmas without Stern.
Posted by: PFreak ? | December 1, 2006 3:05 PM