Sirius XM Holdings, Inc - SIRI STOCK NEWS

SiriusXM announced extensive programming for Super Bowl LVI week in Los Angeles, enhancing its listener engagement. On Super Bowl Sunday, February 13, multiple broadcasts include the Cincinnati Bengals and Los Angeles Rams team coverage. The Pepsi halftime show will feature artists like Dr. Dre and Eminem, broadcasted on SiriusXM 45 and 104. Additionally, SiriusXM NFL Radio will cover events from Radio Row, including interviews with top players and a special show hosted by Brett Favre. The week-long pop-up channel, Super Bowl LVI Radio, launched on February 7, providing highlights and game-day information.

SiriusXM reported a strong fourth quarter and full-year 2021 performance, with revenues of $2.28 billion and $8.70 billion, reflecting increases of 4% and 8% year-over-year. The company achieved net income of $318 million for Q4 and $1.31 billion for the year, significantly improving from prior year losses. Self-pay subscribers rose by over one million for the tenth time in 11 years, reaching a record of 32 million. A special cash dividend of $0.25 per share was declared, along with a 50% increase in the regular quarterly dividend. 2022 guidance includes an expected revenue of $9 billion.

SiriusXM's SXM Media has launched AudioID, a pioneering listener identity solution designed to enhance audio advertising. This technology aims to connect marketers with consumers effectively across various platforms, including satellite radio and podcasts. AudioID utilizes a unique algorithm to generate anonymized AudioIDs that improve targeting and measurement. The solution is built on principles of innovation, flexibility, privacy, and intelligence. As consumption shifts towards audio content, AudioID positions SXM Media to lead in addressing identity challenges while prioritizing consumer privacy.

SiriusXM has re-launched Neil Young Radio, a dedicated channel offering music and exclusive stories from Neil Young. This limited engagement runs for 7 days on channel 27 and streams for a month on the SXM App, featuring new songs from his latest album Barn and fan favorites. Listeners will enjoy concert broadcasts, guest DJs, and Neil's insights on his music. SiriusXM aims to enhance user experience with this unique offering, showcasing Young's ongoing creativity and stature in the music industry.

SiriusXM's Board of Directors declared a quarterly cash dividend of $0.0219615 per share, payable on February 25, 2022, to shareholders of record as of February 11, 2022. As a leading audio entertainment provider in North America with approximately 150 million listeners, SiriusXM operates various platforms, including Pandora, Stitcher, and SXM Media. The company continues to engage in extensive marketing efforts and leverage its scale to enhance subscriber retention and attract new clients.

SiriusXM and Pandora announced a live performance by GRAMMY-winning artist John Mayer at the Hollywood Palladium on February 9, 2022, as part of the Small Stage Series. Hosted by Andy Cohen, the concert will feature songs from Mayer's latest album Sob Rock and fan favorites. SiriusXM subscribers can RSVP for the free event, which will be broadcast live on various channels. Additionally, Pandora listeners can attend a virtual event on February 12, including a Q&A with Mayer. Health protocols will be followed to ensure attendee safety.

The PGA TOUR and SiriusXM have announced a multi-year extension of their broadcasting agreement, ensuring extensive coverage of PGA TOUR events through 2024. SiriusXM PGA TOUR Radio will provide live coverage of 38 events each season, including major championships and special tournaments. The partnership enhances SiriusXM's offering of golf content, featuring original programming and expert commentary from former TOUR players. Fans can listen via the SiriusXM app or on channel 92 in their vehicles. This agreement strengthens SiriusXM's position in sports audio entertainment.

SiriusXM Holdings Inc. (NASDAQ: SIRI) announced the acquisition of Cloud Cover Media, Inc., enhancing its portfolio in commercial music services. Cloud Cover Media, which specializes in music for businesses, offers an intuitive platform that allows organizations to customize audio experiences, ensuring compliance with licensing. This acquisition aims to strengthen SiriusXM's offerings alongside existing services like SiriusXM Music for Business and Pandora for Business. The Cloud Cover team, led by VP Mark Lehman, will continue to operate under SiriusXM.