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 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.
SiriusXM is now accepting applications for its Qualified Entity Program to enhance audio programming diversity on its satellite radio service. This initiative allows the selection of additional lessees for set-aside channels, aiming for broad representation in content. Applications are open until July 7, 2021. Current channels under this program include HUR Voices and HBCU Radio. The initiative aligns with SiriusXM's commitment to improving service for historically underserved audiences and providing unique programming not available elsewhere.
SiriusXM announced on June 7, 2021, that its subsidiary intends to offer $1.5 billion of Senior Notes due 2028 to qualified institutional buyers and non-U.S. persons. The proceeds will be used to redeem all outstanding 3.875% Senior Notes due 2022 and partially repay borrowings under its senior secured credit facility. The redemption for the 3.875% notes may begin on August 1, 2021. The offering is subject to market conditions and will not be registered under the Securities Act.
SiriusXM and Simrad Yachting have launched the SiriusXM Marine Fish Mapping service for Simrad's evo3 and evo3S multi-function displays. This service helps saltwater anglers locate fish more efficiently by providing up-to-date, science-based fishing data. Key features include fishing recommendations, weed line sightings, sea surface temperature contours, and plankton concentration information. A WM-4 SiriusXM Satellite Weather receiver is required for this service, which costs $99.99 per month. A $100 rebate is available for new subscribers.
SiriusXM will provide nationwide coverage of the 105th Indianapolis 500 on May 30, 2021, featuring live commentary from the Indianapolis Motor Speedway. Pre-race coverage begins at 11:00 am ET, with the race starting around 12:45 pm ET on channels 205 and 211. Non-subscribers can access these channels for free through June 8, 2021, via the SiriusXM Listen Free Event. Additionally, SiriusXM will co-sponsor two cars in the race, promoting the event. Exclusive programming includes interviews with drivers and special shows leading up to the race.
SiriusXM has announced the launch of Andy Cohen's Kiki Lounge, a new music channel curated by television and radio host Andy Cohen, starting today, May 26. The channel will showcase a diverse selection of music, featuring artists like Madonna, Diana Ross, and John Mayer, along with special DJ sets. The launch will include a weekend of special programming, the All-Star Kiki Weekend, with notable guests. Listeners can access the channel through the SXM App and enjoy a promotional free listening event until June 8.
SiriusXM has launched its first-ever Dance Again Festival, a virtual event taking place from May 28 to May 30, featuring exclusive DJ sets from over 100 renowned artists including Diplo, Armin van Buuren, and Marshmello. The festival will air across four SiriusXM dance channels: BPM, Chill, Diplo's Revolution, and Utopia. Additionally, from May 26 to June 8, non-subscribers can access these channels for free as part of a promotional event.
SiriusXM, in partnership with TikTok and Pandora, is launching TikTok Radio, a dedicated music channel highlighting TikTok's trending sounds and top creators. Set to premiere this summer, the channel will feature exclusive performances and a weekly countdown of TikTok's top tracks. Additionally, Pandora will introduce curated playlists by TikTok creators, starting with Bella Poarch. This collaboration aims to enhance listener engagement through unique content experiences, spotlighting the influence of TikTok on modern music culture.
SiriusXM announced that CEO Jennifer Witz will present at the J.P. Morgan Technology, Media & Communications Conference on May 25, 2021, at 10:15 am ET, followed by CFO Sean Sullivan at the Evercore ISI Inaugural TMT Conference on June 8 and the Credit Suisse Communications Conference on June 15.
The company will release its second quarter 2021 financial results on July 27, 2021, with a conference call at 8:00 am ET. Investors can access the audio webcasts on the company's Investor Relations website.
