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Comedian Michael Che to Perform a Private Stand-up Show at Philadelphia's City Winery as Part of SiriusXM and Pandora's "Small Stage" Series

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SiriusXM and Pandora have announced that comedian Michael Che will perform a private stand-up show for subscribers on September 24, 2021, at City Winery in Philadelphia. This event is part of the companies' new "Small Stage" series, featuring intimate performances by popular artists. Che is known for his role on Saturday Night Live and has a new HBO Max series in the works. The series launched in August, with other notable artists like Coldplay and Brandi Carlile previously announced.

Positive
  • The 'Small Stage' series aims to enhance subscriber engagement through exclusive content.
  • Michael Che's participation may attract new subscribers interested in comedy.
Negative
  • The ongoing challenges related to subscriber retention in a competitive audio market.

NEW YORK, Sept. 20, 2021 /PRNewswire/ -- SiriusXM and Pandora announced today that comedian Michael Che will perform an intimate stand-up show exclusively for SiriusXM subscribers and Pandora listeners. The performance will be part of SiriusXM and Pandora's recently announced "Small Stage" series, which features major artists from the worlds of music and comedy performing at small, legendary venues. Che's show will take place on Friday, September 24 at Philadelphia's City Winery.

Che, who co-anchors the iconic "Weekend Update" segment on Saturday Night Live, recently shot an upcoming stand-up special and has a new season of his HBO Max comedy series, That Damn Michael Che in the works. His show for SiriusXM and Pandora will be among a limited number of recent performances made by the comedian.

SiriusXM and Pandora launched its "Small Stage" series in August and to date has announced performances by Brandi Carlile, Coldplay, Dave Matthews, Glass Animals, H.E.R., J Balvin, John Mulaney, Kane Brown, Kenny Chesney, Shaggy and Twenty One Pilots, with more announcements to come.

More about Michael Che:
Michael Che is an American comedian, writer, and actor. Most recently, Che wrote, executive produced and starred in his original comedy series That Damn Michael Che on HBO Max. The buzzed-about series was quickly renewed for a second season. In addition, Che is currently the co-anchor of Saturday Night Live's iconic "Weekend Update" segment where he is also a co-head writer for the show. In 2018, Che co-hosted the 70th Annual Primetime EMMY Awards on NBC. Prior to joining SNL, Che was a correspondent on The Daily Show with Jon Stewart. He also appeared in Chris Rock's film Top Five. Che's first hour-long comedy special Michael Che Matters premiered on Netflix in 2016. 

About SiriusXM

Sirius XM Holdings Inc. (NASDAQ: SIRI) is the leading audio entertainment company in North America, and the premier programmer and platform for subscription and digital advertising-supported audio products. SiriusXM's platforms collectively reach approximately 150 million listeners, the largest digital audio audience across paid and free tiers in North America, and deliver music, sports, talk, news, comedy, entertainment and podcasts. Pandora, a subsidiary of SiriusXM, is the largest ad-supported audio entertainment streaming service in the U.S. SiriusXM's subsidiaries Stitcher, Simplecast and AdsWizz make it a leader in podcast hosting, production, distribution, analytics and monetization. The Company's advertising sales organization, which operates as SXM Media, leverages its scale, cross-platform sales organization and ad tech capabilities to deliver results for audio creators and advertisers. SiriusXM, through Sirius XM Canada Holdings, Inc., also offers satellite radio and audio entertainment in Canada. In addition to its audio entertainment businesses, SiriusXM offers connected vehicle services to automakers. For more about SiriusXM, please go to: www.siriusxm.com.

This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about future financial and operating results, our plans, objectives, expectations and intentions with respect to future operations, products and services; and other statements identified by words such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "believe," "intend," "plan," "projection," "outlook" or words of similar meaning. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements.

The following factors, among others, could cause actual results and the timing of events to differ materially from the anticipated results or other expectations expressed in the forward-looking statements:  the COVID-19 pandemic is adversely impacting our business; we face substantial competition and that competition is likely to increase over time; our efforts to attract and retain subscribers and listeners, or convert listeners into subscribers, which may not be successful, and may adversely affect our business; we engage in extensive marketing efforts and the continued effectiveness of those efforts is an important part of our business; we rely on third parties for the operation of our business, and the failure of third parties to perform could adversely affect our business; we may not realize the benefits of acquisitions and other strategic investments and initiatives; a substantial number of our Sirius XM subscribers periodically cancel their subscriptions and we cannot predict how successful we will be at retaining customers; our ability to profitably attract and retain subscribers to our Sirius XM service as our marketing efforts reach more price-sensitive consumers is uncertain; our business depends in large part on the auto industry; failure of our satellite would significantly damage our business; our Sirius XM service may experience harmful interference from wireless operations; our Pandora ad-supported business has suffered a substantial and consistent loss of monthly active users, which may adversely affect our Pandora business; our failure to convince advertisers of the benefits of our Pandora ad-supported service could harm our business; if we are unable to maintain revenue growth from our advertising products, particularly in mobile advertising, our results of operations will be adversely affected; changes in mobile operating systems and browsers may hinder our ability to sell advertising and market our services; if we fail to accurately predict and play music, comedy or other content that our Pandora listeners enjoy, we may fail to retain existing and attract new listeners; privacy and data security laws and regulations may hinder our ability to market our services, sell advertising and impose legal liabilities; consumer protection laws and our failure to comply with them could damage our business; failure to comply with FCC requirements could damage our business; if we fail to protect the security of personal information about our customers, we could be subject to costly government enforcement actions and private litigation and our reputation could suffer; interruption or failure of our information technology and communications systems could impair the delivery of our service and harm our business; the market for music rights is changing and is subject to significant uncertainties; our Pandora services depend upon maintaining complex licenses with copyright owners, and these licenses contain onerous terms; the rates we must pay for "mechanical rights" to use musical works on our Pandora service have increased substantially and these new rates may adversely affect our business; our use of pre-1972 sound recordings on our Pandora service could result in additional costs; failure to protect our intellectual property or actions by third parties to enforce their intellectual property rights could substantially harm our business and operating results; some of our services and technologies may use "open source" software, which may restrict how we use or distribute our services or require that we release the source code subject to those licenses; rapid technological and industry changes and new entrants could adversely impact our services; we have a significant amount of indebtedness, and our debt contains certain covenants that restrict our operations; we are a "controlled company" within the meaning of the NASDAQ listing rules and, as a result, qualify for, and rely on, exemptions from certain corporate governance requirements; while we currently pay a quarterly cash dividend to holders of our common stock, we may change our dividend policy at any time; and our principal stockholder has significant influence, including over actions requiring stockholder approval, and its interests may differ from the interests of other holders of our common stock; if we are unable to attract and retain qualified personnel, our business could be harmed; our facilities could be damaged by natural catastrophes or terrorist activities; the unfavorable outcome of pending or future litigation could have an adverse impact on our operations and financial condition; we may be exposed to liabilities that other entertainment service providers would not customarily be subject to; and our business and prospects depend on the strength of our brands. Additional factors that could cause our results to differ materially from those described in the forward-looking statements can be found in our Annual Report on Form 10-K for the year ended December 31, 2020, which is filed with the Securities and Exchange Commission (the "SEC") and available at the SEC's Internet site (http://www.sec.gov). The information set forth herein speaks only as of the date hereof, and we disclaim any intention or obligation to update any forward looking statements as a result of developments occurring after the date of this communication.

Source: SiriusXM

Contact:
Danielle Lynn
Danielle.Lynn@SiriusXM.com

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SOURCE Sirius XM Holdings Inc.

FAQ

When is Michael Che's stand-up show for SiriusXM subscribers?

Michael Che's stand-up show is scheduled for September 24, 2021.

What is the 'Small Stage' series launched by SiriusXM and Pandora?

The 'Small Stage' series features intimate performances by major artists exclusively for SiriusXM subscribers and Pandora listeners.

Where will Michael Che's performance take place?

The performance will take place at City Winery in Philadelphia.

What other artists have been announced for the 'Small Stage' series?

Artists include Coldplay, Brandi Carlile, Dave Matthews, among others.

What is the stock symbol for SiriusXM?

The stock symbol for SiriusXM is SIRI.

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