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Sirius XM Holdings (SIRI) Stock News, Jun-Jul 2020

SIRI Nasdaq

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.

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SiriusXM plans to release its second quarter 2020 financial and operating results on July 30, 2020. A conference call will be held at 8:00 am ET that day to discuss these results, accessible through the company’s website. SiriusXM, a leading audio entertainment company in the U.S., reaches over 100 million people monthly, through services like Pandora. The PR also mentions potential risks including the impact of the COVID-19 pandemic, loss of Pandora users, and increasing competition.

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SiriusXM is launching the exclusive U2 X-Radio channel on July 1, 2020, at 3 p.m. ET, featuring music and discussions centered around the iconic band U2. The channel will celebrate their four-decade career with original programming, including shows hosted by band members and special guests. U2 aims to connect with their audience during this time of social distancing. SiriusXM emphasizes the channel as a unique listener experience filled with insights from U2's history and influences.

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SiriusXM announced that Jim Meyer, CEO, will speak at the Credit Suisse 22nd Annual Communications Conference on June 17, 2020, at 10:00 am ET. An audio webcast will be accessible on the Investor Relations section of their website. SiriusXM, the leading audio entertainment company in the U.S., reaches over 100 million monthly listeners through its services, including Pandora. The company is committed to providing quality audio products and connected vehicle services in both the U.S. and Canada.

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FAQ

What is the current stock price of Sirius XM Holdings (SIRI)?

Sirius XM Holdings (SIRI) last closed at $26.97.

What is the market cap of Sirius XM Holdings (SIRI)?

The market cap of Sirius XM Holdings (SIRI) is approximately $9.1B.