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Sirius XM

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

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’s SXM-8 ready for work

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 […]

August 2, 2021By Chris Forrester

SiriusXM planning next-gen SXM-10 craft

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 […]

July 30, 2021By Chris Forrester

RIAA: Music streaming revenues boosted by Covid

Covid-19 might be keeping millions working from home but it is proving to be good news for streaming music providers. Pay-radio broadcaster SiriusXM has already told the market that it expects to add a net 700,000 subscribers this year, and significantly over and above its previous target. Now the Recording Industry Association of America (RIAA) […]

September 15, 2020By Chris Forrester

Analyst: Dish, DirecTV merger poses risks

A report from Standard & Poors Market Intelligence (S&P) by Sarah Barry-James suggests that the potential for some sort of ‘merger’ between AT&T’s DirecTV and Charlie Ergen’s Dish Network poses risks. Ergen is on the record as saying that a combination of the two DTH pay-TV giants is “inevitable”. But S&P reminds readers that Constantine […]

September 4, 2020By Chris Forrester