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 […]
Pay-radio operator SiriusXM is already planning and developing its next-generation SXM-10 satellite. The US broadcaster has received $140 million insurance compensation for the failure of SXM-7 and is owed a further $85 million in insurance. The ‘twin’ satellite to SXM-7, SXM-8, is performing well in orbit and without any apparent complications. SiriusXM has another satellite […]
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 […]
Artists must be given a legal right to a fairer share of revenues from streaming, according to the conclusions of a wide-ranging inquiry by the UK parliament’s House of Commons Digital, Culture, Media and Sport Committee, which calls for a complete reset of the market. The Report into the Economics of music streaming finds that […]
Vestel has announced the launch of Amazon Music on its Smart TVs. Available immediately, the Amazon Music app has been rolled out to all Vestel-manufactured Smart TV ranges across Europe. With Amazon Music, Vestel-made Smart TVs can offer Prime members access to two million hand-curated songs and over one thousand playlists and stations at no […]
Mediavision’s analysis of the Nordic audiobook market shows that 2.3 million Nordic households subscribe to an audiobook streaming service. Growth in the region is mainly driven by Finland and Norway – both with significant penetration growth year-on-year. Denmark and Sweden remain stable and there are clear signs of maturity. Looking at specific services, pan-Nordic services […]
As part of an ongoing strategic review of the UK public service broadcasting system, the UK government will review the ownership model and remit of Channel 4 and consider tightening regulation of SVoD services such as Netflix, Disney+ and Amazon Prime Video. The Department for Digital, Culture, Media & Sport (DCMS) says that with a […]
In the second half of 2020, over 80 per cent of new cars in key European markets came with DAB+ radio as standard – a dramatic increase on the same period in 2019. This step-change reflects the impact of the European Electronic Communications Code (EECC), which, from December 2020, requires all new car radios in […]
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 […]