Absolutely.

Here's a good article I found (courtesy of SiriusBuzz.com):

Mel Karmazin Extends Contract Through 2012 - SiriusBuzz

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SIRIUS Satellite Radio w/ Best of XM : Starmate 4 w/ Internet Radio
XM Satellite Radio w/ Best of SIRIUS : XMp3 w/ 8 GB micro SDHC
Lifetime Subscription Break-even : 4 months
Xbox 360 : 120 GB (Stock)
Wii : 500 GB (4.1U)
PlayStation 3 : 60 GB (Launch), 250 GB (Slim)
Zune HD : 32 GB (Platinum)

After reading that article I think Mel deserves it.

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If you think Education is difficult, try being stupid.

After reading that article, I believe Mel WROTE it.

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“If you’re not there on Fridays, you're doing a disservice to the audience." - Hoard Stern

That was great! I needed a good laugh today.

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Lifetime Subscriber since June 15th 2005.
Been with Sirius since Jan 5th 2005.

Go Bucks!!!! Michigan Sucks!!!

You think that was good.
I love this one.

Cops & Doughnuts - Clare City Bakery

Cops buy donut shop.


You have the right to remain glazed!

Don't Glaze Me Bro!

At least he's committing himself even more to the companies future. With all of that stock going into his portfolio, it really does work out to be a performance based incentive.

But really dood, stay clear of the tanning booth. Really.

mel deserves a raise for seeing satellite radio merged together so that it has the possibility of surviving once these monster contracts are up. BUT he should take a cut on that raise because 1) it would be a symbolic gesture after the price increases and 2) the stock price of sirixm dropped under his watch. while nearly not as important as the financial industry ceo's getting huge bonuses and raises while financial markets burned and their businesses collapsed, seeing the head man get a raise while his company isn't doing so hot don't seem right to me.

so in the end mel deserves a raise of 250,000 and should also be docked pay for seeing shares of stock plummet. a loss of 250,000 seems about right.

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"Dissent is the Highest Form of Patriotism."

Bingo. I think the classy move would be to refuse it. Or at the very least he can re-invest the extra money in shares or debt.

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XM subscriber since 2005/12/05:

• Pioneer Airware (LIFE, wife)
• Tao (son)
• Pontiac G5 (XM Canada)

Sirius subscriber since 2007/12/06:

• Stilletto 2 (LIFE)
• Premium Internet
• TTR1

Creative Labs 32Gb Zen owner since 2009/02/02
Slacker Plus subscriber since 2010/01/15

Ahh thank ya, thank ya. Glad I could help.

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XM Sub since 8-09

Slacker since 02-10