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Friday, February 13, 2009

Call Me Mel “Save-My-Own-Keister” Karmazin

Sirius XM is ready to seek bankruptcy protection. The company has warned investors that it’s prepared to file Chapter 11. It has hired bankruptcy and restructuring advisers. And it has filled out the necessary paperwork. But it may never file it. “People familiar with the situation” tell The Wall Street Journal that Sirius CEO Mel Karmazin and satellite mogul Charlie Ergen are moving closer to an accord that would save the struggling satellite radio outfit from having to file Chapter 11.

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Thursday, February 12, 2009

Sirius-EchoStar-Liberty: Ménage-à-Blah

As entertaining as news of a Sirius XM-EchoStar-Liberty Media three-way might be, research houses don’t appear to be giving it much credence. Already a few have issued notes dubious of the idea of Liberty accepting the white knight role in this debacle.

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Sirius: Give Me Liberty or Give Me Ergen

The Sirius XM fiasco is fast becoming high drama. Hoping to avoid bankruptcy and fend off an unsolicited takeover attempt from satellite mogul Charlie Ergen’s EchoStar, which has been acquiring its debt, Sirius has approached Liberty Media about a possible transaction.

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Monday, August 25, 2008

AMD’s Latest Quarterly Loss: Digital TV Business

For a while there, it looked like Advanced Micro Devices was really going to take Intel to the mat, didn’t it? But not lately. After seven consecutive quarterly losses, AMD shares fell to a six-year low last month, down 50 percent in the past year. Good thing, then, that the company has chosen to sell off its digital television business, which these days is more of a distraction than anything else.

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About John

John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper.

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Ethics Statement

Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.

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