Sirius XM, DirecTV In Talks As Karmazin Tries To Fend Off Ergen

Sirius XM Radio, the satellite radio giant that is on the brink of bankruptcy, is in preliminary talks with Liberty Media, the conglomerate controlled by John C. Malone, people briefed on the negotiations said on Wednesday.

Liberty Media, the conglomerate controlled by John C. Malone, is in preliminary talks with the satellite radio giant Sirius XM Radio, people briefed on the negotiations said.

A deal between Sirius XM and Liberty, which owns a controlling interest in DirecTV, could create a battle for control of the satellite radio company.

EchoStar, the television satellite company, has been acquiring Sirius XM's debt and has been angling to take over the company as part of a negotiation to keep Sirius from falling into bankruptcy. DirecTV is the nation's largest satellite television provider by subscribers, ahead of the Dish Network from EchoStar.

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Comments

[homerun]

Sirius XM f@ucked up when they started merging and dropped some stations like "66 Raw" People are not going pay for something that they can get on regular on FM and AM.

[Big0725]

Weren't you whining about this yesterday?

[westreal]

Why would they do that when they have a working relationship with DishNetwork?

[ramblingjohnny]

I would not call what happening right now between EchoStar and Sirius a "working relationship"!

[Big0725]

OK Johnny, what would you call the fact that Dish Network carries all Sirius music channels? Coincidence?