North American pay–radio operator SiriusXM has agreed a settlement of a Class Action lawsuit. SiriusXM will pay out $28 million (€23.7m) to settle the problem. The 2022 lawsuit claimed that people who had entered their names on the National Do Not Call Registry or told the satellite radio company not to call them were contacted […]
Netflix has approached North American pay-radio broadcaster SiriusXM to license its video podcasts as part of its major push into the space, according to multiple reports. The deal – unconfirmed – could likely involve exclusivity of the video podcasts on the platform, meaning they would not appear on the likes of YouTube, a source told […]
North American pay-radio operator SiriusXM published its financial numbers for the quarter-year to September 30th and reported it now has 33 million subscribers, and, thanks to services such as its streaming platform Pandora, some 170 million listeners in the US and Canada. Total revenue for the quarter was down 1 per cent at $2.16 billion […]
An application by lawyers for pay-radio operator SiriusXM for a court to dismiss a Class Action which concerns allegations that the satellite broadcaster deliberately hid a 21.4 per cent ‘US Music Royalty Fee’ from subscribers, and where the accusation is of alleged deceptive pricing, has failed, and the Action can proceed. A federal judge (District […]
Pay-radio operator SiriusXM has revealed that its overall Q2 2025 revenues have fallen 2 per cent y-o-y to $2.14 billion (€1.8bn), but free cashflow surged by 27 per cent reaching $242 million. Sirius XM’s performance in Q2 reflected a mixed but strategic approach to maintaining financial stability amidst market challenges. While total revenue saw a […]
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 […]
North American pay-radio operator SiriusXM has reported $2.14 billion (€1.8bn) in Q2 revenue; a 2 per cent decrease compared to the same period in 2024. Net income for the quarter was $205 million. Subscribers grew by 68,000 (net) and a year-on-year improvement of 32,000. Total subscribers are about 33 million. “Our renewed strategic focus continued […]
SiriusXM shed around 303,000 self-pay subscribers in Q1 2025 on lower overall subscriber and advertising revenue. The US satellite audio giant ended the first quarter with 33 million total subscribers. In September 2024, the company completed its spin-off from controlling stockholder Liberty Media. Overall revenue fell 5 per cent to $2.06 billion (€1.82bn) down from […]
US pay-radio operator SiriusXM has laid off more staff. This follows on from around 100 jobs in January. The broadcaster is said to be at something of a crossroads as it refocuses its efforts on in-vehicle users and advertising-supported listening believed to be the company’s ‘free access’ plan. SiriusXM was spun off from its Liberty […]
US pay-radio operator SiriusXM has brought into use its latest satellite SXM-9. The craft was built by Maxar Space System at its Palo Alto facility. SXM-9 has completed its orbital testing phase after being launched on December 5 2024. “SiriusXM is committed to cutting-edge technology and enhancing the proprietary satellite delivery systems that help power […]