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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
Pay-radio’s SiriusXM’s brand-new satellite, launched only a few weeks ago, has suffered an in-orbit malfunction and while the full extent of the damage is uncertain the craft is likely to be declared a total loss. SXM-7 was launched on December 13th by SpaceX. In a formal statement to the Securities & Exchange Commission (SEC) the […]
Pay-radio company SiriusXM told the NASDAQ exchange that it added 909,000 new subscribers to taking the operator’s total self-pay numbers to 30.9 million “and beating its most recent guidance”. Moreover, SiriusXM says it expects to meet or exceed its overall 2020 guidance for revenues and cash-flow. As far as 2021 is concerned SiriusXM says it […]
SpaceX carried its 25th mission of the year into orbit on Sunday December 13th at 17.30pm GMT. The client is pay-radio operator SiriusXM (SXM-7). The original scheduled launch was for Friday December 11th but was scrubbed because of technical issues. The satellite was built for SiriusXM by Maxar Technologies. It is one of two satellites […]