No wonder John Malone wanted total control of pay-radio operator Sirius-XM. Its numbers continue to impress, with Q4 and full year results. Subscribers stand at 23.9 million, subscription revenues for the year grew 13 per cent to $3.4 billion and free cashflow is up 71 percent to $709 million.

For the pre-holiday period Sirius-XM activated more than 529,000 subscribers (374,000 in same period 2011) while churn also improved from 2 percent/month to 1.8 per cent during Q4.

Last month John Malone increased Liberty Media’s share position in Sirius-XM to more than 50 per cent.

Sirius-XM’s current guidance for the 2013 financial year is to win another 1.4 million net new subscribers and push gross revenues to beyond $3.7 billion, with a free cashflow target approaching $900 million.

Other posts by :

1. AST SpaceMobile recovers after Verizon agreement
2. Bank has mixed messages for AST SpaceMobile
3. EchoStar clears key regulatory hurdles for Starlink deal
4. Starlinks falling to Earth every day
5. 650 Starlink D2C craft in orbit
6. Bank upgrades SES to ‘Buy’
7. Eutelsat shareholders reach agreement at AGM
8. Ghana makes MultiChoice fee decision
9. SES announces €0.25c dividend

Categories: Articles, Broadcast, Digital Radio