Sirius Satellite Radio is based in New York City. Their original
chief executive was David Margolese, who escaped with a "golden parachute"
worth $5 million after being replaced by
Joseph Clayton
, vice chairman of the scandal ridden telecommunications firm Global Crossing
Ltd. In an apparent setback, DaimlerChrysler AG and Ford Motor Company
announced that they won't install many of their Sirius-ready radios until
the 2004 model year. To mitigate the negative effects of these disappointing
developments, Sirius has announced a new lineup of
programming
, including Court TV
, is sponsoring a Dodge
NASCAR
racing team, and has entered into an agreement with
Thunderbird
to install Sirius receivers in their Formula powerboats. They're also
sponsoring, with Kenwood
, the 2002 Formula
Racing
series and have dumped auditor
Arthur Andersen
. Their accounting firm is now
Ernst & Young
.
RUsirius.com invites contributions
to this page of an informative or humorous nature regarding Sirius Satellite
Radio and its business activities. We'll be posting all comments, criticisms,
jokes, and rumors below.