Sirius Buzz Radio Tonight – April 10th at 10:30 ET
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Position – Long Sirius, Long XM
I would like someone to explain to my why Gary Parsons an apparently smart and affable guy has let such horrible managers run this company. First Panero who from the Starbucks deal (which we only recently found out how much it cost–tens of millions for what) thru a bunch of other wacky rediculously expensive deals up until the no Oprah on Oprah channel which has brought no subs. After Panero sells all his stock Gary lets him hire and old friend to be incharge of the general counsel’s office and half the company at a ridculous salary. Her backround working with him at the Discovery Channel did not support this salary and responsibilties.
Then he hires Nate Davis instead of having a search for some one competent. Nate has a pretty light record (unemployed for three years before Gary hired him. I mean he only seems to have been hired because he is an old friend of Gary’s. Then Nate hires a marketing person with no real consumer marketing experience but he is an old friend of Nate’s. As the company has missed all of their sub targets they have had these expensive hires and more when instead there should have been a massive cost cutting going on. I mean as nic a guy as Gary seems this is really all on him.
the question is why has he not seen that this company has been run right?
Would love to hear this addressed on your radio show tonight.
Tyler, just heard the show, thought it was great except to much rehash of the last 15 minute show. Also you need to get somebody to fix the sound balance, the callers you had where about 3 times louder then you where.
Anon, If I had to guess I would say Mel will take care of all the dead weight if they are merged.
P.S. That John you had as a caller was not me.