Former Viacom boss Mel Karmazin, now chairman of US satellite radio group Sirius, has denied entering into talks with rival satellite radio network XM about a possible merger. According to the Wall Street Journal, Karmazin said of the rumours: "I have not met with their chairman or CEO, so I have no idea where any of this came from".
Jan 27, 2005
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1 min read
Karmazin denies merger talks with XM Satellite Radio rival
Sirius chairman Mel Karmazin has denied rumours of merger talks with rival satellite radio network XM.