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On February 9, 2006, XM Satellite announced a three-year, $55 million deal with Oprah Winfrey. The announcement stated that Oprah and Friends, a new channel
On February 9, 2006, XM Satellite announced a three-year, $55 million deal with Oprah Winfrey. The announcement stated that Oprah and Friends, a new channel on XM, would begin broadcasting in September 2006. What was the change in XMs market value from January 30, 2006, through February 13, 2006? Does the $55 million investment appear to have been a good idea?
B) What other industries tend to pay exuberant salaries to their employees? Is it good for business? Why or why not?
(I am not sure what other information is needed)
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