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In a Week of Cutbacks, a Sunny Outlook From Karmazin

Cites the second-biggest subscriber base in the cable-satellite space behind Comcast

Mel Karmazin this week offered further insight into how he’ll manage — and promote — Sirius XM.

Speaking to a business conference in New York, he said Sirius XM “will be the most successful company in the audio entertainment industry.”

According to CNET, Karmazin said, “We’re probably one of the top 25 media companies today” and that its big goal right now is to grow its free cash flow.

He also said that at a bare minimum, 6 million new cars will come off assembly lines with satellite radio installed next year.

The article is here.