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 announced a new weekly show, Forward Progress, airing across multiple channels, focusing on race, society, and sports. Hosted by Jason Jackson and Kirk Morrison, the show highlights athletes' roles in promoting racial equality and social reform. It aims to facilitate ongoing dialogues about systemic issues in America related to race and sports, inviting guests from various sports backgrounds to contribute. The program will air on channels like SiriusXM Urban View and NBA Radio, and will also be available as a podcast on SiriusXM and Pandora.
SiriusXM announced an expansion of its agreement with the National Football League (NFL) to include additional streaming rights for the 2020 season. Subscribers to the SiriusXM Premier streaming service can access every live NFL game and the dedicated SiriusXM NFL Radio channel. The update introduces 32 additional channels, each featuring the official broadcasts of NFL teams. Subscribers can also listen to on-demand replays of recent games. A free trial of SiriusXM Premier is available for eligible customers.
SiriusXM has renewed its partnership with comedian Kevin Hart and Laugh Out Loud to enhance comedic programming on Laugh Out Loud Radio. The deal includes new live and regular shows hosted by Hart, featuring interviews with top comedians, and expanding into podcasts and on-demand video. Notably, the popular podcast Straight From The Hart will see more live editions. SiriusXM aims to leverage audio as a key medium for comedy, reaching audiences across various platforms.
SiriusXM has secured exclusive national radio broadcasting rights for the 120th U.S. Open Championship, taking place from September 17-20 at Winged Foot Golf Club, Mamaroneck, New York. The coverage will include 40 hours of live, hole-by-hole commentary across all rounds. Listeners can tune in on channel 208 or via the SiriusXM app. The broadcast team includes notable hosts and analysts, with special pre-and post-round shows featuring previous U.S. Open champions. This partnership enhances SiriusXM's portfolio, reaching a wider audience for golf events.
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SiriusXM and CNN announced the launch of a new channel, CNN Originals, which will showcase premier non-fiction series from CNN and HLN. This 24/7 programming begins on SiriusXM channel 121 from September 18, 2020. The channel will feature acclaimed series such as Anthony Bourdain Parts Unknown and United Shades of America, along with HLN's docuseries focusing on crime and mysteries. Additionally, SiriusXM subscribers can access CNN and HLN simulcasts on channels 116 and 117, respectively.
SiriusXM announced the retirement of CEO James E. Meyer effective December 31, 2020, with Jennifer C. Witz succeeding him as CEO. Meyer's tenure saw subscriber growth to a record 34.3 million and expected revenues of $7.7 billion in 2020, nearly doubling since 2012. The company has returned over $10 billion to stockholders and completed significant acquisitions, including Pandora. Sean S. Sullivan has been appointed as Chief Financial Officer, effective October 26, 2020. Meyer will remain on the Board as Vice Chairman.
SiriusXM announced that The Killers will perform for Pandora LIVE on September 15, 2020, at 8:45 PM ET. This virtual concert follows their previous event with Kane Brown and features the band's new album, Imploding The Mirage. Fans can participate in a virtual meet and greet and enjoy exclusive content from event sponsors. The performance marks a rare opportunity to see the band this year due to their postponed tour. Pandora is the largest ad-supported audio streaming service in the U.S., a subsidiary of SiriusXM.
SiriusXM has raised its full-year 2020 guidance for self-pay subscriber net additions from 500,000 to approximately 700,000. This comes amid strong performance trends and robust demand for its audio services. The company's financial guidance for 2020 remains unchanged, projecting approximately $7.7 billion in revenue, $2.4 billion in adjusted EBITDA, and $1.6 billion in free cash flow. CEO Jim Meyer highlighted the positive influence of improving auto sales and a healthy subscription base as key drivers for growth.
SiriusXM has revealed its extensive coverage for the 2020 NFL season, starting with the kickoff on September 10. The platform will provide live broadcasts of all NFL games, accessible through radios, the SiriusXM app, and connected devices. Subscribers will enjoy specialized play-by-play channels, including Spanish-language broadcasts, and the 24/7 SiriusXM NFL Radio channel offering new shows like Silver & Black Radio and The SiriusXM Blitz. The expanded lineup includes notable hosts such as Brett Favre and Mike Haynes.