Welcome to our dedicated page for Sirius XM Holdings news (Ticker: SIRI), a resource for investors and traders seeking the latest updates and insights on Sirius XM Holdings stock.
Sirius XM Holdings Inc. reports developments across its North American audio entertainment portfolio, including the flagship SiriusXM satellite and streaming subscription service, Pandora streaming services, a podcast network, and business and advertising solutions. Company news commonly covers operating and financial results, subscriber and advertising trends, programming across music, talk, news, and sports, and distribution through vehicles and streaming platforms.
Updates also include board-declared cash dividends, debt financing activity at Sirius XM Radio LLC, tender offers for senior notes, and advertising sales relationships handled through SiriusXM Media. These releases connect the company's subscription audio, ad-supported streaming, podcast, and advertising businesses with its capital-allocation and balance-sheet actions.
SiriusXM is set to host a special concert featuring Def Leppard on May 26 at Whisky a Go Go, celebrating their new album, Diamond Star Halos, releasing the next day. The performance will be exclusive to SiriusXM listeners and will air on Def Leppard Radio and Howard Stern's Howard 101 on May 27. The Stadium Tour with Mötley Crüe begins on June 16, covering 36 cities. The new radio channel will explore the band's 40-year legacy and feature guest hosts.
Summary not available.
SiriusXM announces a new podcast titled Crypto Café With Randi Zuckerberg, hosted by entrepreneur and best-selling author Randi Zuckerberg. Launched on May 2, 2022, the podcast aims to simplify the complex world of cryptocurrency through engaging discussions with metaverse experts and business leaders. The show focuses on making crypto accessible, especially for women and non-binary individuals, highlighting industry insights and NFT projects. Listeners can find the podcast on major platforms including the SXM App and Pandora.
SiriusXM reported a first-quarter 2022 revenue of $2.19 billion, up 6% year-over-year, with a net income of $309 million and diluted EPS of $0.08. Adjusted EBITDA increased by 1% to $690 million. The company returned $1.3 billion to stockholders through dividends and stock buybacks. The subscriber count reached 34 million, with a churn rate of 1.6%. Despite supply constraints in the automotive sector impacting new subscriber growth, the firm reaffirmed its year-end guidance for subscribers and financial metrics.
SiriusXM and Audio Up are launching two new original scripted podcasts, Make It Up As We Go: Season 2 and Sonic Leap, premiering on May 3. The former continues the story of Charlotte Sayles, a young country singer aiming for fame, while the latter tells a fictional backstory of the band Hero the Band. A sneak preview will be available on SiriusXM's Volume Channel on May 2. The collaboration is expected to enhance SiriusXM's podcast production and promotional capabilities, leveraging its vast audience reach.
SiriusXM will provide extensive coverage of the 2022 NFL Draft from April 28-30, broadcasting live from the NFL Draft Theater in Las Vegas. Coverage includes live announcements of all 32 teams' picks and in-depth analysis by experts like Jim Miller and Pat Kirwan. Broadcast hours are set for 7 PM to midnight ET on Thursday and Friday, and noon to 7 PM ET on Saturday. Post-Draft shows will allow fans to discuss team selections. SiriusXM NFL Radio is accessible on channel 88 and via the SXM App.
SiriusXM has announced a partnership with the athlete-led media network I Am Athlete, founded by Brandon Marshall, to produce new content including a live nightly show called I Am Athlete Tonight. This show will debut on April 27 and air weekdays from 7-9 pm ET on the Mad Dog Sports Radio channel. Additionally, SXM Media gains exclusive ad sales rights for I Am Athlete's podcasts. The collaboration aims to deliver unique programming and expand the I Am Athlete platform, capitalizing on its popularity which includes over 780K YouTube subscribers.
SiriusXM has launched Holy Culture Radio, a new channel dedicated to Christian Hip-Hop and Rhythm & Praise, available on the SXM App and SiriusXM radios (channel 154) as of April 21, 2022. The channel features 13 shows, including popular programs like The Christ Revolution Music and K.I.N.G Talks, focusing on faith, culture, and personal success. Owned by The Corelink Solution, the channel aims to serve historically underserved audiences and promote cultural enrichment through music and dialogue.
SiriusXM's Board of Directors has declared a quarterly cash dividend of $0.0219615 per share of common stock. This dividend will be paid on May 25, 2022, to stockholders of record on May 6, 2022. As the leading audio entertainment company in North America, SiriusXM serves approximately 150 million listeners through various platforms, including Pandora, Stitcher, and more. Despite facing challenges such as competition and supply chain issues, the company continues its commitment to returning value to shareholders through consistent dividend payments.
Sirius XM Holdings has launched a new Pandora station named Country Grit, spotlighting the rise of rock-infused country music. The station features a blend of artists, including both established names like Chris Stapleton and Miranda Lambert, and rising stars like Bailey Zimmerman and Morgan Wade. With country music being highly popular on Pandora, this addition aims to cater to listeners' interest in authentic and edgy country sounds.