Forbes -
25 Feb 2013 23:33

When Mel Karmazin arrived at Sirius along with Howard Stern more than six years ago, satellite radio was a duopoly, created by the U.S. government. Both companies were competing like drunken sailors determined to empty their meager wallets of cash as fast as they could to garner a programming edge over its rival. For example, one secured the NFL and the other outbid for Major League Baseball. There was also a bidding war among the car manufacturers as to inducements to offer one brand or the oth...
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