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. (SIRI) provides investors and industry observers with critical updates through this centralized news hub. Track official press releases, financial disclosures, and strategic developments from North America's leading audio entertainment company.
This resource delivers timely updates on earnings reports, content partnerships, technological innovations, and market positioning. Users gain insights into SiriusXM's satellite radio operations, Pandora streaming services, and automotive integration strategies through verified corporate communications.
The curated collection includes updates across key business areas: quarterly financial results, exclusive content agreements, platform enhancements, and leadership announcements. All materials maintain factual accuracy while avoiding speculative analysis.
Bookmark this page for streamlined access to Sirius XM Holdings' material developments. Combine regular monitoring with independent research to inform your understanding of this dynamic audio entertainment provider.
SiriusXM has unveiled its Artists To Watch 2022 list, featuring The Pandora Ten, a selection of 10 emerging music artists poised for future stardom. The list was curated through advanced data analytics and expert insights, highlighting artists like Amaarae, BIA, Conner Smith, and LISA. Past selections have included major names like Post Malone and Dua Lipa. SiriusXM, known for its extensive reach of 150 million listeners, aims to continue fostering talent through its platform.
SiriusXM announces the launch of ABBA Radio, debuting on November 5, 2021, via satellite on channel 54 and the SXM App. This limited-run channel celebrates ABBA's first new studio album in 40 years, Voyage, also releasing on the same day. The channel will feature classic hits and new music, along with personal insights from ABBA members. Available until November 14 via satellite and December 4 on the app, ABBA Radio aims to engage the group's global fanbase while commemorating their influential music legacy.
SiriusXM has unveiled its largest holiday music lineup to date, featuring 19 ad-free channels including two new additions, Holiday Instrumentals and Noël Incontournable. The selection encompasses traditional and contemporary holiday songs across various genres, available on the SXM App. Noteworthy channels include Holly, Holiday Traditions, and Holiday Soul, all accessible through December 26. The initiative aims to enhance the festive listening experience for SiriusXM's approximately 150 million listeners across North America.
SiriusXM and Pandora announce that country artist Jason Aldean will perform in the Small Stage Series on November 12 at Nashville's Marathon Music Works. This series showcases performances from top artists across various genres in intimate venues and launched in August. Aldean, the most-streamed country artist on Pandora, will have new tracks from his upcoming album MACON released on the same day. The event will be hosted by Storme Warren from The Highway, with live broadcasting at 8:00 pm CT. Attendees must adhere to health protocols.
SiriusXM reported robust Q3 2021 financial results, with revenue reaching $2.20 billion, a 9% increase year-over-year. Net income soared to $343 million compared to $272 million in Q3 2020, with diluted earnings per share rising to $0.08. The company added a record 616,000 self-pay subscribers, surpassing its full-year guidance of 1.1 million. Adjusted EBITDA also grew by 9% to $719 million. Despite a drop in paid promotional subscribers, overall subscriber growth and advertising revenue, especially at Pandora, remain strong, cementing a positive outlook for SiriusXM.
SiriusXM's subsidiary Stitcher has signed a multi-year agreement to host The Ed Mylett Show, a leading business podcast with over 90 million downloads. New episodes will be available from November 2, 2021. The show features interviews with peak performers across various industries, offering insights and motivation. This collaboration enhances Stitcher's podcast network, which recently included notable acquisitions. Additionally, Stitcher ranked #1 in Triton Digital's U.S. Network Report for several months, underscoring its leading position in the podcasting industry.
Jaguar Land Rover North America and SiriusXM announced the New Range Rover will feature SiriusXM with 360L as a standard feature, enhancing in-car audio experiences. Deliveries will begin in Spring 2022, marking the first vehicle from Jaguar and Land Rover to include this technology. By model year 2023, all vehicles with the PIVI Pro infotainment system will have this capability. SiriusXM with 360L combines satellite and streaming services, offering extensive content and personalization options, enhancing the driving experience.
SiriusXM (NASDAQ: SIRI) has inked a multi-year agreement with Audiochuck, granting exclusive global ad sales rights for popular podcasts including Crime Junkie and others. Audiochuck, helmed by Ashley Flowers, aims to use this partnership to enhance content development and reach broader audiences. SXM Media will manage advertising sales through its platforms, including Stitcher and Pandora. The collaboration intends to leverage SiriusXM's extensive audience reach to amplify impactful storytelling and advocacy related to true crime narratives.
SiriusXM has declared a quarterly cash dividend of $0.0219615 per share, marking a 50% increase over the previous quarter. The dividend is payable on November 29, 2021 to stockholders of record by November 5, 2021. This increase reflects the company’s confidence in generating significant free cash flow. Additionally, SiriusXM continues to aggressively invest in growth initiatives and has a total of $18 billion authorized for stock repurchases, aiming to maintain flexibility while returning capital to shareholders.
