July 2005
Investment Dealers' Digest;7/18/2005, Vol. 71 Issue 28, p56
Trade Publication
The section provides statistical information on the media and entertainment industry. Disney's radio unit is up for sale and press reports predicted that Mel Kormazin, chief executive officer of Sirius Satellite Radio is an interested buyer. The sale of the unit, with on estimated worth in the 3 billion dollar range, is being handled by Bear Stearns. America Online Inc. and XM Satellite Radio Inc. have joined forces to beam live performances over the Internet, satellite and wireless mediums beginning this fall.


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