16 March, 2011 04:50:00
"He’s heard all the hoopla about Pandora – in fact, Sirius XM CEO Mel Karmazin told a Lazard Capital Markets Technology and Media Conference in Boston Tuesday (3/15) that he’s been approached for investment by just about every would-be “Pandora-killer” start-up – but the satellite radio guy isn’t worried about Internet radio. AM and FM radio stations still dominate the market – and that’s who he is targeting."
http://www.rbr.com/radio/mel-karmazi...-audience.html