Wednesday, May 25, 2005

Mel Karmizan: Show me the math!

A question from the audience at today's Sirius stockholder meeting noted that Sirius has not been able to broker a deal with Apple to put Sirius content on the ubiquitous iPod and wondered what deals might be next. Sirius CEO, Mel Karmizan, said "It's about the math!" He said that it's easy to get excited about putting Sirius satellite content on Apple's iPods, other mp3 players, or even cell phones. He told the audience that Sirius is "talking to everybody" about content options. He reminded the audience however, that he is only interested in licensing deals that make money for stockholders. He wants to keep all of the monthly licensing fee, and is not interested in giving up that recurring revenue to partners.

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