Door in the Time

Mel Karmazin’s triumph

there’s no discredit that there has been a windlass-coaster of emotions the past 400 days, but no one could be happier waking up this morning than the future ceo of a other merged sirius-xm: mel karmazin.”he’s going to feel better about this than anything he’s done in his career,” said tom freston, former ceo of viacom inc. “it’s a big triumph for mr. karmazin.”freston and others credit karmazin’s relentless efforts with regulators, politicians and investors in pushing through approval of the deal.”i contemplate he is the most diplomatic, skilled negotiators that i know,” said joel hollander, former ceo of cbs radio. “everyone knows he’s a superlative salesman, but he knows how to leave a little bit on the table.”"he merely grabbed onto this and ran as a consequence an endless amount of hurdles and made it seem more and more possible,” freston said. “this is presumably the most intractable distribute of his life.”but it’s not over yet. even after fcc approval, there’s still realities that the merged company will need to face. like turning a profit in a slowing economy.”the posterior line is they’ll be able to cut costs. but they’ll have to figure out a way to increase the subscriber base,” said hollander. “it’s not so easy today.” “if there’s anyone that can do it, it’s certainly mel,” hollander added.[reuters via orbitcast forums]

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