Pay-radio operator SiriusXM may have lost its star broadcasting attraction in the form of ‘shock jock’ Howard Stern. There are mixed reports, the gentlest being that Stern and SiriusXM have as yet failed to make an agreement over his $100 million per year contract. The other reports say Stern (aged 71) was tiring of the […]
US pay-radio operator SiriusXM has announced its Q4 and full-year 2022 operating and financial results, including revenue of $2.28 billion (€2.09bn) and $9 billion, respectively. SiriusXM’s revenue was flat in the quarter compared to the prior year period, and increased by 4 per cent in 2022 compared to the prior year – this dragged down […]
North American pay-radio operator SiriusXM is tracking trucking fleets in North America, and their drivers, and offering up to 60 per cent discounts for users. Truckers and fleet companies operating delivery vehicles can now save up to 60 percent off the regular rate of a satellite radio subscription, with SiriusXM Pandora offering a satellite and […]
North American pay-radio operator SiriusXM reported its quarterly numbers on February 1st (to December 31st) and said it had gained a net 55,000 self-paying subscribers in Q4. That’s the good news. The bad news was that its Pandora streaming music division lost 128,000 subs during final quarter of the year. Drilling down into its end-of-year […]
North American pay-radio operator SiriusXM has priced two batches of new Senior Notes. The borrowings will be used to redeem existing debt. The two amounts are: $1 billion of 3.125 per cent notes due for repayment in 2026, and $1.5 billion of 3.875 per cent notes due in 2031 “This represents an increase of $250 […]
North American pay-radio operator SiriusXM’s latest satellite, SXM-8, has been handed over to the broadcaster by its builder Maxar Technologies. The satellite is already in orbit and has now completed its in-orbit test programme. It launched on June 6th from Cape Canaveral, Florida. Maxar sais in a statement: “SXM-8 is the ninth high-powered, digital, audio […]
US pay-radio operator SiriusXM has unveiled an all-embracing Platinum VIP bundle. It allows subscribers two car access, two streaming log-ins and other perks. The other ‘perks’ might be extremely useful given that it covers a selection of some 5000 live concert video and audio recordings available via nugs.net. The broadcaster says: “SiriusXM Platinum VIP subscribers […]
US pay-radio operator SiriusXM, helped in the knowledge that its latest satellite is on its way to orbit, is to raise $2 billion in the form of 4 per cent senior notes “subject to market conditions”. The new borrowings will be used to repay all of its outstanding 3.875 per cent Senior Notes due next […]
There’s a strong likelihood that US pay-radio operator SiriusXM will reach – and perhaps top – $2 billion in overall revenues this quarter-year. It will declare its results on April 28th. Analysts at financial services business Zacks say they expect SiriusXM to report its quarterly numbers in the range of $1.98-$1.99 billion. The operation was […]
US pay-radio broadcaster SiriusXM has reported its Q4 and full year numbers. It added 909,000 net new self-pay subscribers during the year and taking the total to 30.9 million. Revenues were $8.04 billion (FY, up 3 percent) and $2.19 billion (up 6 percent) for the quarter ending December 31st. SiriusXM returned about $1.81 billion overll […]