North American pay-radio broadcaster reported Q2 revenues of $2.16 billion (€1.7bn), up 15 per cent on the previous year. SiriusXM recorded net income of $433 million in its Q2/2021, compared to $243 million in the prior year period. Second quarter 2021 net income included $140 million in insurance related to the company’s SXM-7 satellite which […]
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 […]
Alorica, a global player in customer experience solutions, has announced the appointment of Michael Moore as Senior Vice President, Customer Experience (CX) and Digital Solutions. Expanding on hisl executive consulting engagement with Alorica, Moore assumes responsibility for strategic leadership, account development and client advocacy in customising transformative solutions to meet client expectations with a focus on […]
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 […]
SpaceX launched a satellite into its transfer orbit on June 6th for US pay-radio broadcaster SiriusXM. The launch, SpaceX’s 18th so far this year, placed the 7500 lbs SiriusXM SXM-8 satellite into a transfer orbit with a lift-off just after midnight at 12.26am EDT (4.26 UTC) from Cape Canaveral. The success follows on from an […]
May 26th saw SpaceX launch another 60 of its Starlink satellites. This means that there are almost 1600 working Starlinks either orbiting or being moved to their target positions. In total Starlink has orbited 1737 satellites although some were test craft and others have failed and been deorbited. The Starlink 28 flight took place at […]
TikTok, SiriusXM and Pandora are joining forces on the rollout of what they say is new and innovative content across each of their platforms. Creating listener experiences curated specifically for each platform’s loyal fans will allow them to deliver access to programming, exclusive performances, special events, and some of music’s top and emerging talent. This […]
Jennifer Witz, pay-radio broadcaster SiriusXM’s CEO, told analysts that the business was the most profitable audio company in the world, and that SiriusXM had achieved record low Q1 churn (of 1.6 percent) and helping revenue growth of 5 per cent and EBITDA up 7 per cent. “This was the highest single quarter EBITDA figure in […]
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 […]
The technicians at Maxar Technologies might never know precisely what happened to SXM-7; the pay-radio operator’s satellite that was launched on December 13th and was working perfectly, yet failed a few weeks later on January 16th. Maxar, in releasing its Q4 and full year numbers, admitted that it would be absorbing some direct costs associated […]