Nostalgic Rumblings
The Ramblings of an Old Man




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2/17/2009


Malone Eyes Sirius’ Satellites

Filed under: Radio Today — Charlie Summers @ 5:10 pm

From Forbes: Malone Eyes Sirius’ Satellites

From the article: “In the battle of the billionaires, John Malone may want more than just his 40.0% equity share in Sirius XM Radio. He may also want the broadcaster’s satellites.” Also: “Miller Tabak analyst David C. Joyce said that Liberty Media’s Malone may have offered a $530.0 million bridge loan to Sirius XM not only to forestall a takeover attempt by rival Charlie Ergen but to lay claim to the 12 satellites Sirius is operating.” And that loan is only about half the debt that comes due this year, so we get to watch this happen all over again later in the year.

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DONE DEAL - Liberty to loan Sirius $530 mln, get 40% stake

Filed under: Radio Today — Charlie Summers @ 8:49 am

From Reuters: Liberty to loan Sirius $530 mln, get 40 pct stake

From the article: “Liberty Media (LINTA.O) has agreed to $530 million in loans to Sirius XM Radio Inc (SIRI.O), saving the satellite radio provider from possible bankruptcy and giving Liberty a 40 percent equity stake.” Company survives…for at least another few days.

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Janeane Garofalo and Mary Lynn Rajskub Complement and Compete on ‘24′

Filed under: Television — Charlie Summers @ 12:13 am

From the New York Times: Janeane Garofalo and Mary Lynn Rajskub Complement and Compete on ‘24’

It is seriously time for me to lighten up a little bit on the blog posts, so this from my current-favorite television series. From the article: “It is a rivalry meant to leaven the often-grim, high-pressure thriller with humor. And it’s an inside joke for Ms. Rajskub and Ms. Garofalo, longtime pals whose careers often intersect.”

My favorite, though, was seeing Ms. Rajskub become pregnant between 3:59pm and 4:00 pm. That event sure didn’t occur in real time…

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