Sirius XM Holdings Stock Price, News & Analysis

Sirius XM Connected Vehicles Service, Inc. (SiriusXM CV) has been awarded the 2020 North American Company of the Year in the telematics industry by Frost & Sullivan. Recognized for its innovative connected vehicle platform, SiriusXM CV offers advanced services like automatic crash notification (ACN+) and enhanced roadside assistance. The ACN+ technology improves emergency response by digitally sharing data with 911, enhancing safety and reliability. SiriusXM CV currently services over 12 million vehicles and continues to expand its offerings, including an in-vehicle payment solution through partnerships with PayTollo and Visa.

SiriusXM will broadcast extensive audio coverage for The 149th Open Championship from July 15-18 at Royal St. George's Golf Club in Kent, England. Subscribers will have access to 46 hours of live coverage on the exclusive 'The Open Radio' channel (SiriusXM channel 92), starting at 2:00 am ET on July 15-16 and 4:00 am ET on July 17-18. The programming includes daily postgame shows hosted by golf experts and highlights from notable champions. SiriusXM holds the broadcast rights through arrangements with The R&A and NBCUniversal.

Pandora announced a virtual concert, Pandora LIVE, featuring Ed Sheeran on July 14, celebrating his new single, "Bad Habits". The event will also feature performances from Tones And I and Maisie Peters. Hosted by Mikey Piff, it includes an interview with Ed. In collaboration with State Farm, a special station called Pandora Live Backstage will launch to provide exclusive content. The event will air on SiriusXM Hits 1 and will have various interactive elements sponsored by brands like Neutrogena and Wendy's.

SiriusXM announced that Megyn Kelly will host a new live talk program, The Megyn Kelly Show, starting September 7, 2021, airing weekdays from 12-2 pm ET on channel 111. This exclusive agreement aims to engage Kelly's audience and expand SiriusXM's political and news programming. Prior to the live launch, best-of shows will air beginning August 16. Subscribers will also have access to video content and a podcast version on various platforms. Kelly's successful podcast demonstrates a strong demand for her content, which aligns with SiriusXM's growth strategy in audio entertainment.

SiriusXM has launched 'Good Vibrations: The Beach Boys Channel', a limited-engagement channel showcasing the band's legendary music from July 1 to August 31. Featuring hits, rarities, and exclusive stories, the channel also anticipates the August 27 release of the extensive box set 'Feel Flows – The Sunflower and Surf's Up Sessions 1969-1971', which includes 135 tracks, 108 of which are unreleased. Subscribers can access the channel on various platforms, enhancing SiriusXM's content offering during the summer.

SiriusXM is launching an 11-part series titled Top of the World: Lessons from Rebuilding the World Trade Center, debuting on July 6, 2021, on Business Radio channel 132. This series chronicles the experiences of key figures involved in the World Trade Center's reconstruction, sharing insights on recovery post-9/11 and the pandemic. Prominent guests include Larry Silverstein and Michael Bloomberg. All episodes will be available on podcast platforms from September 6, 2021. The series aims to reflect on lessons learned and the future of Downtown Manhattan.

On June 29, 2021, MINI USA and SiriusXM announced that SiriusXM's audio entertainment service will now be a standard feature in all 2022 MINI models sold in the United States. Customers purchasing or leasing a new vehicle will receive a complimentary 12-month subscription to SiriusXM's All Access package. This initiative is part of a renewed agreement between SiriusXM and the BMW Group, extending their partnership through 2026. The All Access subscription enables MINI owners to enjoy SiriusXM's extensive programming both in and out of their vehicles.

SiriusXM announced its exclusive broadcasting rights for the 121st U.S. Open Championship, taking place from June 17-20 at Torrey Pines, San Diego. The coverage includes 45 hours of live, shot-by-shot coverage across all four rounds. Notable broadcast personalities include Michael Breed and Drew Stoltz. Listeners can tune in via SiriusXM channel 92 and the SXM app. The event promises a competitive atmosphere with top players and a variety of special broadcasts, including interviews and historical retrospective features.

SiriusXM announced the pricing of a $2.0 billion offering of 4.000% Senior Notes due 2028, increasing the offering size by $500 million. The sale, set to close on June 21, 2021, targets qualified institutional buyers under Rule 144A and non-U.S. persons. The funds will be used to redeem the 3.875% Senior Notes due 2022 and to reduce debt under its senior secured credit facility. The Senior Notes will bear a 4.000% interest rate, with gross proceeds expected to reach $2.0 billion.