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At the Merrill Lynch Media and Entertainment Global Investor Conference today, Mel Karmazin spoke about the status of Sirius Satellite Radio, as well as offered some insight on the merger between Sirius and XM. The presentation included 24 slides which outlined some interesting data.

One slide illustrated the growth in the radio sector. While there is a hockey stick effect in the growth curve, the numbers for both Sirius and XM are impressive. What makes the slide more interesting is what is happening in terrestrial radio. The slide speaks for itself.

Position - Long Sirius, Long XM