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. 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.
SiriusXM has announced the return of Coldplay Radio, available through the SXM App until November 1. This exclusive channel will showcase music from Coldplay's catalog, leading up to their new album Music Of The Spheres, set for release on October 15. Coldplay will also perform at the Apollo Theater on September 23 as part of SiriusXM's Small Stage Series, marking their first performance since the pandemic. The channel will also take over channel 28 from October 15-17 to celebrate the album's launch.
Stitcher, a top podcast company and SiriusXM subsidiary, unveiled the trailer for its new podcast series, Storytime with Seth Rogen, set to launch on October 6. The series will feature special guests sharing personal stories, showcasing an array of experiences from celebrities. Stitcher, ranked #1 by Triton Digital for May through July 2021, continues to expand its content under the Earwolf comedy network. Seth Rogen's podcast promises high engagement with listeners, tapping into his extensive popularity.
SiriusXM announced key presentations by its leadership at upcoming investor conferences. CEO Jennifer Witz will speak at the Bank of America Media, Communications & Entertainment Conference on September 13 at 10:20 am ET. CFO Sean Sullivan is scheduled for the Goldman Sachs 30th Annual Communacopia Conference on September 22 at 11:20 am ET. Audio webcasts will be available on the company’s Investor Relations page.
Maxar Technologies (NYSE:MAXR) has received an order from SiriusXM (NASDAQ:SIRI) to build the SXM-10 geostationary communications satellite. This follows the recent order for the SXM-9 satellite. The new satellite will be constructed on Maxar's proven 1300-class platform in its Palo Alto, California, facility. Maxar has a long-standing relationship with SiriusXM, having built satellites for the company for over two decades, including multiple generations of satellites.
SiriusXM has launched TikTok Radio (ch. 4), a new full-time music channel showcasing trending sounds from the TikTok platform. Available starting August 20, 2021, at Noon ET, the channel features unique music experiences presented by TikTok creators, artists, DJs, and tastemakers. The inaugural week includes a special "Creator Invasion" series with appearances from popular TikTok personalities and musicians. Additionally, listeners can enjoy the weekly "TikTok Radio Trending Ten" countdown starting Fridays at 3 p.m. ET, highlighting the top trending songs on TikTok.
Ram Truck brand has launched the Ram BandVan Back To Live Tour, in partnership with SiriusXM and Pandora, to support emerging artists as they return to live touring. The initiative provides ProMaster vans to at least five bands, enabling them to reconnect with fans. The tour begins with the opening act, Radkey, during the Foo Fighters' 2021 summer tour. This initiative follows the recent Ram ad campaign featuring Dave Grohl and aims to document the artists' journeys. The Ram vans will be equipped with SiriusXM for an enhanced travel experience.
SiriusXM and Pandora have launched the Small Stage Series, featuring exclusive live performances from top artists across various genres in intimate venues. Kicking off on August 19 with performances by Dave Matthews and Kane Brown, the series aims to provide SiriusXM subscribers and Pandora listeners unique experiences post-pandemic. Notable acts include Brandi Carlile, Coldplay, and H.E.R., with health protocols in place. SiriusXM, the leading audio entertainment company in North America, reaches approximately 150 million listeners and offers diverse programming through multiple platforms.
Maxar Technologies (NYSE:MAXR) has announced the manufacturing of a new geostationary communications satellite, SXM-9, for its long-term client SiriusXM. The satellite will utilize Maxar's reliable 1300-class platform and is set for launch in 2024. This partnership continues a relationship that began in 2000, including successful satellite launches in the years since. Maxar remains a key player in the space infrastructure and Earth Intelligence sectors, focusing on innovative solutions and customer service.
SiriusXM launches a new channel, "Let's Talk to Lucy," dedicated to legendary comedian Lucille Ball, starting August 5. The channel will air her classic radio show featuring interviews with Hollywood icons from the 1960s. It will be available on channel 104, the SXM App, Pandora, and Stitcher. The channel includes modern stars paying tribute to Ball, enhancing its appeal. SiriusXM, a leader in audio entertainment, continues to expand its content offerings, aiming to engage listeners with nostalgic and classic entertainment.
SiriusXM's subsidiary, Sirius XM Radio Inc., has priced a $1.0 billion offering of 3.125% Senior Notes due 2026 and $1.5 billion of 3.875% Senior Notes due 2031, increasing the offering size by $250 million for both series. The offering, expected to close around August 16, 2021, targets qualified institutional buyers and non-U.S. persons. The company plans to use proceeds to redeem $1.0 billion of 5.375% Senior Notes due 2026 and $1.5 billion of 4.625% Senior Notes due 2024. The gross proceeds from the sale will be $2.5 billion, before fees.