Karmazin Out at SiriusXM?

KARMAZIN OUT AT SIRIUS/XM? Mel Karmazin may leave his post as CEO at Sirius XM when his contract expires at the end of the year. The N.Y. Post reports that John Malone’s Liberty Media, which is buying up stock to gain control of the satellite radio company, is gearing up to replace the longtime broadcast exec. Liberty is the largest shareholder in the company, with just under 50% of the stock. Malone was reportedly peeved when Karmazin told Forbes last April, “I think I’m one of the most underpaid executives in the history of executive payment.” That could signal Howard Stern's end, too, once his five-year contract is up in 2016. (9/14p)

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Karmazin Out at SiriusXM?

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