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Alorica hires Moore

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 […]

July 22, 2021

SiriusXM to borrow $2bn

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 […]

June 8, 2021By Chris Forrester

Success for SiriusXM and SpaceX

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 […]

June 7, 2021By Chris Forrester

SpaceX close to 1600 launched Starlinks

May 26th saw SpaceX launch another 60 of its Starlink satellites. This means that there are almost 1600 working Starlinks either orbiting or being moved to their target positions. In total Starlink has orbited 1737 satellites although some were test craft and others have failed and been deorbited. The Starlink 28 flight took place at […]

May 27, 2021By Chris Forrester

SiriusXM teams with TikTok, Pandora

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 […]

May 25, 2021

SiriusXM: “The most profitable audio company”

Jennifer Witz, pay-radio broadcaster SiriusXM’s CEO, told analysts that the business was the most profitable audio company in the world, and that SiriusXM had achieved record low Q1 churn (of 1.6 percent) and helping revenue growth of 5 per cent and EBITDA up 7 per cent. “This was the highest single quarter EBITDA figure in […]

April 29, 2021

Analyst: SiriusXM to top $2bn revenues this quarter

There’s a strong likelihood that US pay-radio operator SiriusXM will reach – and perhaps top – $2 billion in overall revenues this quarter-year. It will declare its results on April 28th. Analysts at financial services business Zacks say they expect SiriusXM to report its quarterly numbers in the range of $1.98-$1.99 billion. The operation was […]

April 7, 2021By Chris Forrester

SXM-7 confirmed as a total loss

The technicians at Maxar Technologies might never know precisely what happened to SXM-7; the pay-radio operator’s satellite that was launched on December 13th and was working perfectly, yet failed a few weeks later on January 16th. Maxar, in releasing its Q4 and full year numbers, admitted that it would be absorbing some direct costs associated […]

March 1, 2021By Chris Forrester

SiriusXM loses ‘Lifetime Sub’ lawsuit

US pay-radio broadcaster SiriusXM has lost a Class Action lawsuit. The action was heard before a California federal court where SiriusXM was accused of misleading subscribers about the terms of a ‘lifetime subscription’. The action said that listeners signed up on ‘Lifetime Plans’ or ‘Lifetime Subscriptions’ deals and yet had not received the promised services. […]

February 11, 2021By Chris Forrester

SiriusXM adds 909,000 subs

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 […]

February 3, 2021By Chris Forrester