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 […]
A report from Zachs Investment Research says that pay-radio broadcaster SiriusXM is expected to report quarterly sales of $2.17 billion (€1.8bn). The consensus is that the US pay-radio broadcaster will manage a range of between $2.15-$2.19 billion. This same quarter last year SiriusXM reported sales revenues of $2.03 billion. The uplift this quarter-year suggests an […]
At the start of August, Maxar Technologies received an order from pay-radio broadcaster SiriusXM for a new satellite, SXM-9. Now Maxar has confirmed another satellite order for SiriusXM, its SXM-10 craft. “Maxar has been manufacturing communications satellites for SiriusXM for decades, and we’re proud to continue this relationship for both SXM-9 and SXM-10,” said Chris […]
SiriusXM has ordered a new satellite, SXM-9, from Maxar Technologies. The SXM-9 satellite will be based on Maxar’s 1300-class platform and built at the company’s manufacturing facility in Palo Alto, California. It is expected that SXM-9 will launch in 2024. Maxar has been building satellites for SiriusXM since 2000, which includes the first-generation Sirius satellites […]
North American pay-radio operator SiriusXM has priced two batches of new Senior Notes. The borrowings will be used to redeem existing debt. The two amounts are: $1 billion of 3.125 per cent notes due for repayment in 2026, and $1.5 billion of 3.875 per cent notes due in 2031 “This represents an increase of $250 […]
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 […]
US pay-radio operator SiriusXM has unveiled an all-embracing Platinum VIP bundle. It allows subscribers two car access, two streaming log-ins and other perks. The other ‘perks’ might be extremely useful given that it covers a selection of some 5000 live concert video and audio recordings available via nugs.net. The broadcaster says: “SiriusXM Platinum VIP subscribers […]
Alorica, a global player in customer experience solutions, has announced the appointment of Michael Moore as Senior Vice President, Customer Experience (CX) and Digital Solutions. Expanding on hisl executive consulting engagement with Alorica, Moore assumes responsibility for strategic leadership, account development and client advocacy in customising transformative solutions to meet client expectations with a focus on […]
US pay-radio operator SiriusXM, helped in the knowledge that its latest satellite is on its way to orbit, is to raise $2 billion in the form of 4 per cent senior notes “subject to market conditions”. The new borrowings will be used to repay all of its outstanding 3.875 per cent Senior Notes due next […]
SpaceX launched a satellite into its transfer orbit on June 6th for US pay-radio broadcaster SiriusXM. The launch, SpaceX’s 18th so far this year, placed the 7500 lbs SiriusXM SXM-8 satellite into a transfer orbit with a lift-off just after midnight at 12.26am EDT (4.26 UTC) from Cape Canaveral. The success follows on from an […]