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siriusXM

SiriusXM discounts for truckers

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 […]

June 3, 2022By Chris Forrester

SiriusXM buys Conan O’Brien’s podcast business

Comedian and late-night TV host Conan O’Brien is selling his podcast business to pay-radio operator SiriusXM in a deal worth reportedly about $150 million (€140m). SiriusXM is buying O’Brien’s hit podcast, Conan O’Brien Needs a Friend, along with his Team Coco digital-media company and its network of ten podcasts. O’Brien owns the bulk of the […]

May 24, 2022By Chris Forrester

SiriusXM tops revenue expectations

Us pay-radio operator SiriusXM has reported Q1 revenues of $2.19 billion (€2.07bn), ahead of analyst expectations of $2.15 billion and up 6.2 per cent year-on-year. SiriusXM net income jumped to $309 million from $219 million a year-ago. New North American vehicle penetration is at an all-time high, the company noted. Its hardware was incorporated into […]

April 29, 2022By Chris Forrester

Report: Space insurance in profit for 2021

A report from Seradata (Satellite Database & Space Market Analysis) says that 2021 was a good year for the space insurance industry. Serdata’s SpaceTrak database is used by most of the world’s Space insurance underwriters and brokers for launch and spacecraft reliability information, historical Space insurance claims and loss values. The numbers show that the […]

March 9, 2022By Chris Forrester

SiriusXM to pay special dividend

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 […]

February 2, 2022By Chris Forrester

SiriusXM acquires Cloud Cover

North American pay-radio operator SiriusXM has bought Cloud Cover and its business music portfolio. The service, Cloud Cover Music, will join subsidiary Sirius XM Radio, which already offers its own SiriusXM Music for Business and Pandora for Business in a wider commercial music portfolio. Cloud Cover employs business management, music programming, licensing, and software development […]

January 17, 2022By Chris Forrester

Deutsche Bank increases SiriusXM stake

North American streaming music and pay-radio operator SiriusXM, controlled by John Malone’s Liberty Media, has attracted an extra investment stake from Deutsche Bank AG. SiriusXM, as well as beaming hundreds of radio channels to the US and Canada, also offers subscribers its Pandora music streaming service. Deutsche Bank has increased it holding in SiriusXM by […]

January 5, 2022By Chris Forrester

Discovery, SiriusXM partnership

SiriusXM and Discovery are teaming up for subscription offers in the US that deliver content from both companies. Eligible new and existing subscribers to SiriusXM’s Platinum VIP plan will have the opportunity to activate a complimentary 12-month subscription to discovery+, the definitive non-fiction, real-life subscription streaming service. SiriusXM will also be offering special promotions that […]

December 16, 2021

SiriusXM tops target numbers

US pay-radio operator, SiriusXM – majority owned by John Malone’s Liberty Media – has posted revenues of $2.2 billion (€1.9bn) for its 3rd quarter ended September 2021. This compares to year-ago revenues of $2.03 billion (up 9 per cent). The company has topped consensus revenue estimates four times over the last four quarters. The company […]

November 1, 2021By Chris Forrester

SiriusXM predicted to hit $2.17bn in sales

A report from Zachs Investment Research says that pay-radio broadcaster SiriusXM is expected to report quarterly sales of $2.17 billion (€1.8bn). The consensus is that the US pay-radio broadcaster will manage a range of between $2.15-$2.19 billion. This same quarter last year SiriusXM reported sales revenues of $2.03 billion. The uplift this quarter-year suggests an […]

October 11, 2021By Chris Forrester