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 launches a new destination for original and popular podcasts, featuring content from Marvel Entertainment and renowned hosts like Kevin Hart. Subscribers can access exclusive podcasts through the SiriusXM app starting today, with a special 'Listen Free' campaign running from November 19 to December 1, 2020, allowing non-subscribers to sample over 300 channels.
The initiative enhances SiriusXM's podcast offerings, solidifying its position as a leading audio entertainment provider in the U.S. The platform is bolstered by recent acquisitions of Stitcher and Simplecast.
SiriusXM has secured a long-term agreement with NBCUniversal News Group, continuing simulcasts for MSNBC, CNBC, and the TODAY Show Radio channel. This partnership enables SiriusXM to be the exclusive advertising representative for NBC News podcasts. The move builds on their previous collaboration and aims to enhance SiriusXM's advertising capabilities in the growing digital audio market. With a reach of over 150 million listeners monthly, SiriusXM positions itself as a leader in podcast monetization and digital audio advertising.
SiriusXM has announced that Jennifer Witz, President and Incoming Chief Executive Officer, will present virtually at the 2020 Liberty Investor Meeting on November 19 at 11:30 AM ET. Interested parties can access the webcast through the Investor Relations section of the company’s website.
SiriusXM is a leading audio entertainment provider in the U.S., with over 150 million listeners via its platforms including Pandora. The company focuses on audio products across music, sports, talk, and podcasts.
SiriusXM will provide comprehensive audio coverage of the 2020 Masters Tournament at Augusta National from November 12 to 15. Subscribers can enjoy live broadcasts, exclusive shows hosted by Masters champions, and historical audio archives. Each day features hole-by-hole commentary, starting at 1:00 pm ET on Thursday and Friday. A special Masters history program hosted by David Marr III will debut on November 9. SiriusXM programming includes pre-round shows, interviews with golf legends, and post-round discussions, all accessible via SiriusXM radios and the mobile app.
SiriusXM has announced an expansion of its long-term agreement with Kia Motors America, extending their relationship through 2025. Starting with model year 2022 vehicles, SiriusXM is set to become a standard feature across nearly all Kia models sold in the U.S. Customers purchasing or leasing these vehicles will receive a three-month subscription to SiriusXM All Access, featuring comprehensive content access. This partnership aims to enhance the driving experience for Kia customers and reflects the growing popularity of SiriusXM's audio entertainment offerings.
SiriusXM announced its extensive holiday music lineup, featuring 17 ad-free channels, including the new Jolly Christmas channel. Starting November 5, 2020, subscribers will enjoy traditional holiday songs and modern hits across genres such as pop, country, and classical. Notable channels include Holly and Holiday Traditions. This lineup caters to diverse listeners with genres from classic carols to seasonal soul music, available on the SiriusXM app and various connected devices. Subscribers can tune in until January 7, 2021.
On October 22, 2020, Stitcher launched a public beta of its redesigned mobile apps and web platform. This update enhances user experience with a customizable interface, offering features such as download management, episode filtering, and enhanced speed controls. Users can easily manage shows and discover new content through curated recommendations. The app also integrates with Alexa and Sonos for seamless listening experiences. The redesign aims to cater to both seasoned and new podcast listeners, reflecting Stitcher’s commitment to accessibility and user personalization.
SiriusXM reported third quarter 2020 results with revenue of $2.025 billion, up 1% year-over-year, and a net income increase of 11% to $272 million. Adjusted EBITDA also rose 1% to $661 million. The company anticipates robust performance with increased full-year guidance for self-pay net subscribers and overall revenue. SiriusXM's new car penetration rate improved to 78%, while advertising revenue at Pandora declined 3%. The firm executed $486 million in stock repurchases, alongside a dividend increase of 10%.
Sirius XM Holdings (NASDAQ: SIRI) has completed the acquisition of Stitcher, a significant player in podcasting, enhancing its audio entertainment platform. With this acquisition, SiriusXM aims to dominate the fast-growing podcasting sector by integrating Stitcher's programming and ad networks with its existing services. The move is expected to create a comprehensive audio ecosystem, reaching over 150 million listeners and further expanding SiriusXM's advertising capabilities. This acquisition positions the company for growth in digital audio and podcasting.
SiriusXM has announced that its audio entertainment service will be standard in all BMW vehicles sold in the U.S. starting with the 2021 model year. BMW owners will receive a 12-month subscription to the SiriusXM All Access package. This partnership extends through 2026 and also includes standard features in Rolls Royce models and BMW motorcycles. New BMW models feature SiriusXM with 360L, enhancing in-vehicle entertainment by combining satellite and streaming services. This deal represents a strategic growth opportunity for SiriusXM.