DealBook: Does Sirius XM Need a Total Makeover?

of Ford, General Motors and Chrysler aren’t making Mel Karmazin’s job any easier. As head of the newly merged Sirius XM Radio, Mr. Karmazin faces the task of integrating two companies and finding hundreds of millions of dollars in cost cuts. And as DealBook recently noted, sales of new cars — where many of the company’s radios get installed — are in a free fall. So, too, is Sirius XM’s stock, which closed... [read full story]