Advanced Television

pandora

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

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

LG brings more content to third-party smart TVs

LG Electronics will expand the availability of content streaming options for third-party TVs running its proprietary webOS platform. With the firmware update now rolling out, viewers with webOS TVs can access an enriched viewing experience with even more popular services to choose from. To expand access to its popular TV platform to more consumers worldwide […]

October 12, 2021

SiriusXM: Q2 revenues up 15%

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 […]

July 28, 2021By Chris Forrester

SiriusXM teams with TikTok, Pandora

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 […]

May 25, 2021

SiriusXM adds 909,000 subs

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 […]

February 3, 2021By Chris Forrester