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. (SIRI) provides investors and industry observers with critical updates through this centralized news hub. Track official press releases, financial disclosures, and strategic developments from North America's leading audio entertainment company.
This resource delivers timely updates on earnings reports, content partnerships, technological innovations, and market positioning. Users gain insights into SiriusXM's satellite radio operations, Pandora streaming services, and automotive integration strategies through verified corporate communications.
The curated collection includes updates across key business areas: quarterly financial results, exclusive content agreements, platform enhancements, and leadership announcements. All materials maintain factual accuracy while avoiding speculative analysis.
Bookmark this page for streamlined access to Sirius XM Holdings' material developments. Combine regular monitoring with independent research to inform your understanding of this dynamic audio entertainment provider.
SiriusXM (NASDAQ: SIRI) announced an updated strategic plan focusing on its core subscription business and advertising portfolio. The company provided 2025 guidance projecting revenue of $8.5 billion, adjusted EBITDA of $2.6 billion, and free cash flow of $1.15 billion.
The strategy includes doubling down on automotive subscribers, utilizing streaming as a companion service, and targeting an additional $200 million in annualized savings by end of 2025. The company plans to reduce debt by $700M in 2025 and maintains its quarterly dividend of $0.27 per share. Additionally, SiriusXM appointed Wayne D. Thorsen as Executive Vice President and Chief Operating Officer, while Joseph Inzerillo stepped down as Chief Product and Technology Officer.
SiriusXM (NASDAQ: SIRI) has announced that its Chief Executive Officer Jennifer Witz will deliver a presentation at the UBS Global Media and Communications Conference. The event is scheduled for Tuesday, December 10, 2024, at 2:15 PM ET.
Interested parties can access a live webcast of the presentation through SiriusXM's Investor Relations website. This appearance at a major industry conference provides an opportunity for investors and stakeholders to gain insights into the company's strategies and outlook.
SiriusXM (NASDAQ: SIRI) released its Q3 2024 operating and financial results on October 31, 2024. The full report is available on the Investor Relations section of the SiriusXM website.
SiriusXM (NASDAQ: SIRI) has announced that its Board of Directors has declared a quarterly cash dividend of $0.27 per share of common stock. This regular dividend will be paid in cash on November 21, 2024, to stockholders of record at the close of business on November 5, 2024. The declaration of this dividend demonstrates SiriusXM's commitment to returning value to its shareholders and reflects the company's ongoing financial stability.
SiriusXM has announced that Howard Stern will interview Vice President Kamala Harris, the 2024 Democratic presidential nominee, in a live special edition of 'The Howard Stern Show' on Tuesday, October 8, 2024, at 1:00 pm ET. The interview will air on Howard Stern's exclusive SiriusXM channel Howard 100, with replays throughout the day and week, and full audio and video on demand on the SiriusXM app.
Vice President Harris will also make her debut appearance on 'Call Her Daddy' with Alex Cooper. SiriusXM has recently featured interviews with other major politicians, including President Joe Biden, former President Donald J. Trump, and Senator JD Vance. The company's 24/7 live coverage of news and politics positions it as a key audio destination for the 2024 election season.
SiriusXM (NASDAQ: SIRI) has announced plans to release its third quarter 2024 operating and financial results on Thursday, October 31. The company will hold an investor call at 8:00 a.m. ET on the same day. A webcast of the presentation will be available on the Investor Relations section of the SiriusXM website.
To participate in the call by telephone, investors can dial 877-407-4019 (Tollfree) or +1 201.689.8337 (Local) 10 minutes prior to the start and ask to be connected to the SiriusXM conference call.
SiriusXM is the leading audio entertainment company in North America, offering a portfolio of audio businesses including its flagship subscription service, Pandora's streaming services, an expansive podcast network, and business and advertising solutions. The company reaches a combined monthly audience of approximately 150 million listeners.
SiriusXM (NASDAQ: SIRI) has entered a new phase as an independent public company following its transaction with Liberty Media. The company reaffirmed its 2024 revenue and adjusted EBITDA guidance while updating free cash flow guidance to approximately $1.0 billion, reflecting a $200 million impact from transaction-related costs. SiriusXM plans to continue its quarterly dividend of about $0.27 per share and has authorized a $1.166 billion stock repurchase program.
The company aims to enhance subscriber value, grow advertising offerings, and drive efficiency. It's evaluating potential non-cash goodwill and intangible asset impairments related to the Liberty Media transaction. Post-transaction, SiriusXM has about 339.1 million shares outstanding, with former Liberty SiriusXM stockholders owning 81% and former SiriusXM minority stockholders owning 19%.
SiriusXM (NASDAQ: SIRI) has announced a new multi-year agreement with Alex Cooper, host of the top-ranking podcast 'Call Her Daddy'. The deal includes:
1. Exclusive audio and video advertising sales rights for Cooper's Unwell Network roster.
2. Exclusive content development for SiriusXM, starting in 2025.
3. Distribution rights for 'Call Her Daddy' and other Unwell Network shows.
This partnership aims to expand Cooper's reach through SiriusXM's platforms and introduce her content to new listeners. The deal also strengthens SiriusXM's podcast network, which already reaches 1 in 2 podcast listeners in the US monthly.
SiriusXM (NASDAQ: SIRI) has announced that CEO Jennifer Witz will present at the Goldman Sachs 2024 Communacopia + Technology Conference in San Francisco. The presentation is scheduled for Wednesday, September 11, 2024, at 2:25 PM PT. Investors and interested parties can access a live webcast of the presentation through the Investor Relations section of SiriusXM's website at https://investor.siriusxm.com. An archive of the webcast will be available on the company's website for a time after the presentation. This event provides an opportunity for SiriusXM to showcase its strategies and outlook to a prominent audience in the technology and media sectors.
SiriusXM (NASDAQ: SIRI) has released its operating and financial results for the second quarter of 2024. The detailed report is now available on the company's Investor Relations website. Additionally, SiriusXM will host a live webcast for investors on August 1, 2024, at 8:00 a.m. ET. The webcast will feature presentations from CEO Jennifer Witz and CFO Thomas Barry. Investors can access the live webcast through the Investor Relations section of SiriusXM's website. An archive of the webcast will be available for a time after the event.
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