But it could get messy: current Sirius CEO Mel Karmazin is none-too-friendly with Liberty.
FORBES: Sirius Shares Gain; Liberty Files To Boost Stake Over 50%
Next up, Redstone and President Mel Karmazin say they are on the prowl for cable networks.
Mel Karmazin still runs the place on a day-to-day basis, but he is now a hired hand.
Mel Karmazin, CEO of Sirius XM Radio, profiled on p. 88, lands near the bottom of the list.
Yet the firm has improved since last year, when it acquired Infinity Broadcasting, along with its owner, Mel Karmazin.
The company's chief executive, Mel Karmazin, said gross subscriber additions climbed 46%, while deactivations fell by 8% over last year.
Deadline Hollywood has a great story this morning about the deteriorating relationship between Howard Stern and Sirius XM head Mel Karmazin.
At each twist of the ongoing saga, one name repeatedly rings out as an all-purpose Mr Fix-it: Mel Karmazin, chief operating officer of Viacom.
His work culminated in a meeting at Black Rock with CBS heads Michael Jordan and Mel Karmazin, who were worrying about the threat of satellites.
For years he has swooned over beloved senior executives, only to sour on them and banish them later--Frank Biondi, Mel Karmazin, Thomas Freston, even the actor Tom Cruise.
On a second-quarter earnings call with analysts in early August, Sirius Chief Executive Mel Karmazin indicated that a definitive answer on Stern's future would likely come ahead of the company's third-quarter results.
One other company where a top boss was forced out by an internal power shift: Sirius XM Radio, where Mel Karmazin announced in October that he would step aside as of February 1.
FORBES: Vikram Pandit, Brian Dunn Among 2012's Biggest CEO Exits
Sirius XM Radio parted ways with former CEO Mel Karmazin, and along with its quarterly earnings Tuesday the satellite radio company said his interim replacement Jim Meyer will get the job on a permanent basis.
FORBES: Sirius XM Gives Interim Chief Permanent Job, Ups Cash Flow Forecast
"We are absolutely convinced this merger will be in the best interest of consumers, " Mel Karmazin, the chief executive officer of Sirius Satellite Radio, told Congress at a hearing about the merger in late February.
CNN: Proposed satellite radio merger: Boon for consumers or monopoly?
He had Mel Karmazin on his show to discuss Sirius XM for almost half an hour and never once asked Mel why he was rushing to the door to sell his stock if business were really so great.
It seems investors continue to show an inability to separate their love for a business or product with what translates into a good investment a perfect example being a cultish name such as Sirius XM (SIRI), whose CEO, Mel Karmazin has also been dumping shares except for different reasons.
Now they'll defer to CBS Chief Mel A. Karmazin, who will funnel their cash into buying more TV and radio stations.
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