MEDIA
09/11/2008 05:12 am ET | Updated May 25, 2011

Sirius XM Chief Predicts Radio Domination: "We're Going To Be Bigger Than Clear Channel"

Mel Karmazin is on a mission.

Now that the creation of Sirius XM is official, terrestrial radio's formerly brightest star is after nothing short of total domination of his old medium.

"We're going to be the most successful company in radio," Karmazin said in an interview with The Post. "We're going to be bigger than Clear Channel because we're growing and they're going the other way."

That's a bold statement considering that Sirius XM's stock has lost 20 percent of its value since the merger's closing, the company has yet to turn a profit and is laden with debt.

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