In this paper, we examine two different organizations in the radio broadcasting industry: Clear Channel Media Holdings and Sirius-XM Satellite Radio. We will give a brief overview of each of the companies and then examine some of the major financing decisions they have made in recent years. We will further examine their financial status, focusing on their debt to equity structure, and try to determine their financing strategy given the nature of their business.
W & M Mason MBA
Twelve years ago, the global population of the Earth reached six billion. This month, it reached seven billion. (Sachs, 2011) Consumption of water for agricultural purposes is now up to 70% of all available fresh water for human use. (Cosgrove & Rijsberman, 2000, p. 7) Such elevated water use is beginning to have an effect.