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Sirius cheers by Karmazin


May 25, 2007 Sure, Sirius Satellite Radio stock has been plummeting, but at least "we suck less" than XM Satellite Radio, Sirius CEO Mel Karmazin said Thursday. Karmazin was speaking at the Sirius shareholder meeting in New York, where he also said it was a "disgrace" the way Don Imus was forced from his job at CBS Radio, an entity once run by Karmazin. Sirius has gone from a little more than 600,000 subscribers on Oct. 6, 2004 -- the day Stern said he planned to join Sirius in 15 months -- to more than 6.5 million subscribers, and Karmazin likes to credit Stern for a lot of those sign-ups.

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