A group of creditors have threatened to remove Sirius XM Radio Inc. CEO Mel Karmazin if the company chooses to file for bankruptcy over a striking a deal with an investor that would allow it to remain solvent, reports the Wall Street Journal. Additionally, the WSJ is reporting that a final decision ...

Sirius XM Radio Inc. was able to exchange more common stock for debt, again, this time it's 100 million shares for $13 million worth of 2.5% notes due this year. Meanwhile, a group of shareholders led by the exuberant Michael Hartleib has demanded to review Sirius XM's books under Delaware law. Whil...

Sirius XM Radio Inc. CEO Mel Karmazin said that he forecasts double-digit revenue growth in Q4 and is confident the company can refinance debt due in 2009, at the Reuters Media Summit today in New York. "The merger has made us control our costs (and) we are dealing with going to significant profitab...