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siriusXM

Sirius XM cuts staff

SiriusXM, the US subscription radio service, is planning to cut its headcount amid a slowdown in growth. CEO Jennifer Witz informed staff that job reductions were possible in order to address economic uncertainty, including a long-term slowdown in sales, reports Bloomberg. SiriusXM reportedly has around 5,600 employees including those at the legacy satellite radio service, […]

December 2, 2022

SiriusXM orders satellites from Maxar

North American pay-radio operator SiriusXM has ordered two powerful geostationary satellites to be built by Maxar Technologies. The new craft (SXM-11 and SXM-12) now join two other satellites (SXM-9 and 10) already under construction by Maxar. SXM-9 and 10 were ordered in 2021. SXM-11 and 12 will launch around 2026-27. The new craft will have […]

November 30, 2022By Chris Forrester

SiriusXM subs growth slows

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 […]

November 2, 2022By Chris Forrester

Law&Crime launches SiriusXM channel

US pay-radio service SiriusXM has announced the addition of Dan Abrams’ TV network, Law&Crime, to its streaming channel lineup. The simulcast of the TV network features daily live trial coverage, expert legal analysis, and original true-crime stories. The channel is available to stream immediately on Law&Crime channel 793. Law&Crime features live trials along with expert […]

October 3, 2022

SiriusXM, Mitsubishi extend deal

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 […]

July 13, 2022By Chris Forrester

SiriusXM discounts for truckers

North American pay-radio operator SiriusXM is tracking trucking fleets in North America, and their drivers, and offering up to 60 per cent discounts for users. Truckers and fleet companies operating delivery vehicles can now save up to 60 percent off the regular rate of a satellite radio subscription, with SiriusXM Pandora offering a satellite and […]

June 3, 2022By Chris Forrester

SiriusXM buys Conan O’Brien’s podcast business

Comedian and late-night TV host Conan O’Brien is selling his podcast business to pay-radio operator SiriusXM in a deal worth reportedly about $150 million (€140m). SiriusXM is buying O’Brien’s hit podcast, Conan O’Brien Needs a Friend, along with his Team Coco digital-media company and its network of ten podcasts. O’Brien owns the bulk of the […]

May 24, 2022By Chris Forrester

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

Report: Space insurance in profit for 2021

A report from Seradata (Satellite Database & Space Market Analysis) says that 2021 was a good year for the space insurance industry. Serdata’s SpaceTrak database is used by most of the world’s Space insurance underwriters and brokers for launch and spacecraft reliability information, historical Space insurance claims and loss values. The numbers show that the […]

March 9, 2022By Chris Forrester

SiriusXM to pay special dividend

North American pay-radio operator SiriusXM reported its quarterly numbers on February 1st (to December 31st) and said it had gained a net 55,000 self-paying subscribers in Q4. That’s the good news. The bad news was that its Pandora streaming music division lost 128,000 subs during final quarter of the year. Drilling down into its end-of-year […]

February 2, 2022By Chris Forrester