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. (NASDAQ: SIRI) is described in its own news releases as the leading audio entertainment company in North America, with a portfolio that includes the SiriusXM subscription entertainment service, Pandora’s ad-supported and premium music streaming services, an expansive podcast network, and a suite of business and advertising solutions. Company announcements highlight that these platforms together reach a combined monthly audience in the range of approximately 160 million to 170 million listeners.
This news page aggregates SIRI news so readers can follow how the company communicates about its operations, strategy, and capital decisions. Regular press releases cover topics such as quarterly and full-year operating and financial results, with announcements specifying the dates of earnings releases and investor conference calls. These updates provide insight into the company’s performance and management’s commentary on its audio businesses.
Investors and followers can also find news about dividend declarations, where SiriusXM’s Board of Directors announces regular quarterly cash dividends on its common stock, as well as updates on leadership and governance changes, including appointments of executive officers and independent directors. Additional releases describe participation in investor conferences and presentations by senior executives.
Because Sirius XM operates across satellite radio, streaming music, podcasts, and advertising solutions, its news flow often touches on audience reach, content mix across music, talk, news, and sports, and risk factors and outlook statements included in its communications. This page offers a centralized view of those company-issued updates, making it easier to review past announcements and monitor new SIRI news as it is released.
SiriusXM announces extensive audio coverage for the Daytona 500 on February 20. Subscribers will have access to live race broadcasts, in-car audio, and daily updates from Daytona International Speedway. Coverage includes live broadcasts starting at 7:00 am ET on race day, with interviews post-race. Additional live coverage includes the Bluegreen Vacations Duel and other races leading up to the main event. SiriusXM NASCAR Radio will provide comprehensive analysis and interviews throughout Speedweeks to enhance listener engagement.
Sirius XM Holdings Inc. (NASDAQ: SIRI) announced the appointment of Faye Tylee as Chief Human Resources Officer, effective March 1, 2022. Tylee succeeds Dara Altman, who is retiring after a 16-year tenure in senior management roles. Tylee brings over 25 years of HR experience, previously serving as CHRO at Avaya and EVP of Human Resources at Wyndham Worldwide. CEO Jennifer Witz emphasized Tylee's role in enhancing diversity, equity, and inclusion efforts within the company. Tylee expressed excitement about driving a results-oriented culture at SiriusXM.
SiriusXM announced extensive programming for Super Bowl LVI week in Los Angeles, enhancing its listener engagement. On Super Bowl Sunday, February 13, multiple broadcasts include the Cincinnati Bengals and Los Angeles Rams team coverage. The Pepsi halftime show will feature artists like Dr. Dre and Eminem, broadcasted on SiriusXM 45 and 104. Additionally, SiriusXM NFL Radio will cover events from Radio Row, including interviews with top players and a special show hosted by Brett Favre. The week-long pop-up channel, Super Bowl LVI Radio, launched on February 7, providing highlights and game-day information.
Summary not available.
SiriusXM reported a strong fourth quarter and full-year 2021 performance, with revenues of $2.28 billion and $8.70 billion, reflecting increases of 4% and 8% year-over-year. The company achieved net income of $318 million for Q4 and $1.31 billion for the year, significantly improving from prior year losses. Self-pay subscribers rose by over one million for the tenth time in 11 years, reaching a record of 32 million. A special cash dividend of $0.25 per share was declared, along with a 50% increase in the regular quarterly dividend. 2022 guidance includes an expected revenue of $9 billion.
SiriusXM's SXM Media has launched AudioID, a pioneering listener identity solution designed to enhance audio advertising. This technology aims to connect marketers with consumers effectively across various platforms, including satellite radio and podcasts. AudioID utilizes a unique algorithm to generate anonymized AudioIDs that improve targeting and measurement. The solution is built on principles of innovation, flexibility, privacy, and intelligence. As consumption shifts towards audio content, AudioID positions SXM Media to lead in addressing identity challenges while prioritizing consumer privacy.
SiriusXM has re-launched Neil Young Radio, a dedicated channel offering music and exclusive stories from Neil Young. This limited engagement runs for 7 days on channel 27 and streams for a month on the SXM App, featuring new songs from his latest album Barn and fan favorites. Listeners will enjoy concert broadcasts, guest DJs, and Neil's insights on his music. SiriusXM aims to enhance user experience with this unique offering, showcasing Young's ongoing creativity and stature in the music industry.
SiriusXM's Board of Directors declared a quarterly cash dividend of $0.0219615 per share, payable on February 25, 2022, to shareholders of record as of February 11, 2022. As a leading audio entertainment provider in North America with approximately 150 million listeners, SiriusXM operates various platforms, including Pandora, Stitcher, and SXM Media. The company continues to engage in extensive marketing efforts and leverage its scale to enhance subscriber retention and attract new clients.
SiriusXM and Pandora announced a live performance by GRAMMY-winning artist John Mayer at the Hollywood Palladium on February 9, 2022, as part of the Small Stage Series. Hosted by Andy Cohen, the concert will feature songs from Mayer's latest album Sob Rock and fan favorites. SiriusXM subscribers can RSVP for the free event, which will be broadcast live on various channels. Additionally, Pandora listeners can attend a virtual event on February 12, including a Q&A with Mayer. Health protocols will be followed to ensure attendee safety.
The PGA TOUR and SiriusXM have announced a multi-year extension of their broadcasting agreement, ensuring extensive coverage of PGA TOUR events through 2024. SiriusXM PGA TOUR Radio will provide live coverage of 38 events each season, including major championships and special tournaments. The partnership enhances SiriusXM's offering of golf content, featuring original programming and expert commentary from former TOUR players. Fans can listen via the SiriusXM app or on channel 92 in their vehicles. This agreement strengthens SiriusXM's position in sports audio entertainment.