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. SpaceX fearful of AST SpaceMobile’s potential?
2. Equatys wants 2,800 new satellites
3. FCC eyes freeing up Weird Space Stuff spectrum
4. SES happy with releasing 160MHz of spectrum for 5G
5. Inmarsat “likely to win appeal” over Ligado/AST action
6. FCC seeks fair play over foreign satellite access
7. Bank raises RocketLab target price
8. Paramount throws kitchen sink
9. Ukraine wants its own LEO system

Categories: Articles, Broadcast, Digital Radio