Advanced Television

siriusXM

SiriusXM unveils new look

SiriusXM has unveiled its refreshed branding built around a star icon. The North American pay-radio broadcasters states that the new logo takes inspiration from the night sky, putting a star at the centre of its iconic ‘S’ to represent Sirius, the ‘Dog Star’. The star is defined to “harken back to the brand’s origins as […]

November 9, 2023By Chris Forrester

SiriusXM Q3 flat; enhancements coming

US pay-radio operator SiriusXM declared Q3 revenues were flat at $2.27 billion (€2bn), just short of the $2.29 billion expected.Nevertheless, the company confirmed the increased quarterly dividend of $0.1064 per share which converts to a yield of 2.5 per cent. In summary, SiriusXM earnings growth was -3.98 per cent, a slight improvement on the same […]

November 2, 2023By Chris Forrester

SiriusXM ups dividend ahead of merger

Pay-radio operator SiriusXM says it will boost its quarterly cash dividend to shareholders by 10 per cent. Sirius XM Holdings Inc, the parent company, announced that its Board of Directors declared a quarterly cash dividend of $0.0266 per share reflecting an increase of approximately 10 per cent over the previous quarter’s dividend. This regular quarterly […]

October 27, 2023

SiriusXM, Fox News extend broadcast deal

SiriusXM, the US pay-radio service, and Fox News Media have announced a new long-term agreement to continue carrying Fox News Channel (FNC), Fox Business Network (FBN) and Fox News Headlines 24/7 exclusively across SiriusXM’s platforms. Additionally, Fox News On-Demand Audio will remain available on the SiriusXM app. Jay Wallace, President and Executive Editor of Fox […]

October 25, 2023

SiriusXM upgrade planned

US pay-radio operator SiriusXM, in the process of being fully absorbed by Liberty Media, is about to unveil a new-look streaming tool, mobile App and in-car innovations as well as a new logo. An event is scheduled for November 8th when the full portfolio will be showcased to press and shareholders. The need for a […]

October 12, 2023By Chris Forrester

Liberty Media proposes SiriusXM merger

Liberty Media, which already controls US pay-radio service SiriusXM, plans to combine the two businesses, and then spin-off the radio company in a typical move by cable giant John Malone. The proposed scheme aims to spin off (or “split off”, in the words of the proposal) the then Liberty SiriusXM Group or LSXM, the group […]

September 27, 2023By Chris Forrester

SiriusXM hit with $150m lawsuit

North American pay-radio operator SiriusXM has been hit with a $150 million (€138m) claim from SoundExchange alleging unpaid royalties and late payments. The action was started in the US District Court for the Eastern District of Virginia. Specifically, the lawsuit alleges that SiriusXM used an artificially low revenue calculation to determine payments by ascribing “excessive […]

August 18, 2023By Chris Forrester

SiriusXM Q2 revenues flat

US pay-radio operator SiriusXM, owned by Liberty Media, generated $2.25 billion (€2.06bn) for the quarter-year which ended on June 30th. This was the same as revenues a year ago. Subscriber numbers were level at 34 million. However, SiriusXM’s Pandora streaming service lost subscribers and fell to 47.4 million, down from 50.5 million a year ago. […]

August 3, 2023By Chris Forrester

SiriusXM launches Moonbug Radio

SiriusXM, the US pay-radio service, has announced the launch of Moonbug Radio, an exclusive new year-round channel in collaboration with Moonbug Entertainment, a subsidiary of Candle Media. Moonbug Radio is available immediately and features hit music from kids’ favourite shows such as CoComelon,Blippi and more. The channel is available to subscribers in their cars (channel […]

June 8, 2023

Liberty Media facing further Class Actions

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 […]

May 16, 2023