Two major Class Actions are naming Liberty Media and CEO Greg Maffei in their allegations. One Class Action by shareholders in TripAdvisor, itself with a major shareholder in the shape of Liberty Media, can proceed with their lawsuit. The claim centres on a move by TripAdvisor from its existing Delaware domicile to Nevada and alleged […]
US pay-radio operator SiriusXM is to focus more on streaming its multi-channel content, and away from its traditional satellite delivery system. SiriusXM is already streaming, and bought the Pandora operation in 2019 to build up its online efforts. It ended 2022 with 47.9 million active Pandora users. CFO Sean Sullivan, speaking at Deutsche Bank’s Annual […]
SiriusXM’s financials for its Q3 were healthy, but net additional subscribers were at just 187,000. This time last year they were 616,000. This still means the North American pay-radio broadcaster has 32.2 million paid users (and a total of 34.2 million when promotional subscribers are added). SiriusXM also owns the Pandora subscription music service and […]
North American pay-radio service, SiriusXM, and Mitsubishi Motors have renewed their long-term agreement which extends their relationship until 2028. Buyers of Mitsubishi vehicles will continue to receive a three-month trial subscription to the SiriusXM Platinum Plan with the purchase or lease of any new, certified pre-owned and eligible pre-owned SiriusXM-equipped Mitsubishi vehicle. With the SiriusXM […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]