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. (NASDAQ: SIRI) is described in its own news releases as the leading audio entertainment company in North America, with a portfolio that includes the SiriusXM subscription entertainment service, Pandora’s ad-supported and premium music streaming services, an expansive podcast network, and a suite of business and advertising solutions. Company announcements highlight that these platforms together reach a combined monthly audience in the range of approximately 160 million to 170 million listeners.
This news page aggregates SIRI news so readers can follow how the company communicates about its operations, strategy, and capital decisions. Regular press releases cover topics such as quarterly and full-year operating and financial results, with announcements specifying the dates of earnings releases and investor conference calls. These updates provide insight into the company’s performance and management’s commentary on its audio businesses.
Investors and followers can also find news about dividend declarations, where SiriusXM’s Board of Directors announces regular quarterly cash dividends on its common stock, as well as updates on leadership and governance changes, including appointments of executive officers and independent directors. Additional releases describe participation in investor conferences and presentations by senior executives.
Because Sirius XM operates across satellite radio, streaming music, podcasts, and advertising solutions, its news flow often touches on audience reach, content mix across music, talk, news, and sports, and risk factors and outlook statements included in its communications. This page offers a centralized view of those company-issued updates, making it easier to review past announcements and monitor new SIRI news as it is released.
SiriusXM has partnered with Laugh Out Loud, the comedy brand founded by Kevin Hart, to launch three new original programs, including Hart's debut podcast, Inside Jokes. The podcast, featuring guests like Jerry Seinfeld, started airing on January 27, 2021, at 8:00 PM ET. Along with Inside Jokes, two additional shows, The Ladies Room and Date Night, also premiered, aiming to diversify SiriusXM's comedy content. This initiative reflects Laugh Out Loud's commitment to expanding its audio offerings across various platforms.
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SiriusXM and Foo Fighters have announced the launch of 'Foo Fighters Radio,' a limited-engagement channel starting on February 3. The channel features exclusive programming, including a live concert Foo Fighters LIVE from the SiriusXM Garage on February 5, coinciding with their new album Medicine At Midnight. Foo Fighters Radio will also showcase special commentary from band members and insights into their music. This initiative aims to attract more listeners and enhance subscriber engagement through unique content offered on SiriusXM's platform.
SiriusXM has expanded its agreement with the NBA to enhance streaming rights starting with the 2020-21 season. The deal allows SiriusXM Premier Streaming Package subscribers access to live audio broadcasts for every NBA game and a dedicated NBA Radio channel, offering 24/7 coverage. Subscribers can access 30 additional play-by-play channels for each team through the SiriusXM app and website. New customers can take advantage of a promotional offer for the Premier Streaming Package for $1 for the first three months. This move strengthens SiriusXM's position in sports audio entertainment.
SiriusXM reported a strong finish to 2020, adding 909,000 net self-pay subscribers to reach approximately 30.9 million self-pay subscribers, exceeding its guidance. For 2021, the company projects 800,000 net subscriber additions, $8.35 billion in total revenue, $2.575 billion adjusted EBITDA, and $1.6 billion in free cash flow. However, an impairment of approximately $1.0 billion related to the Pandora unit is anticipated, primarily due to royalty costs. The company plans to release its full-year 2020 results on February 2, 2021.
SiriusXM has launched the SportsGrid Radio Channel on Channel 204, providing subscribers with 24/7 access to real-time sports news, statistics, and analysis. This partnership allows listeners to enjoy live coverage across various sports, hosted by personalities like Scott Ferrall and Ariel Epstein. The channel also features a lineup of programs including The Early Line and In Play Sports Tonight. The launch emphasizes SiriusXM's commitment to enhancing its sports content portfolio.
SiriusXM has secured exclusive audio broadcasting rights for the Masters Tournament, scheduled from April 5-11, 2021. This agreement allows SiriusXM to provide live play-by-play coverage across various platforms including radios and the SiriusXM app. Highlights include a live broadcast of the Par 3 Contest, and the introduction of a new podcast, The Masters Show, starting January 11. The partnership aims to enhance the listener experience with in-depth coverage and commentary from renowned golf personalities.
SiriusXM announced that CEO Jennifer Witz will present virtually at the 2021 Citi TMT West Conference on January 7, 2021, at 4:00 pm ET. A live webcast of her presentation will be available on the company's Investor Relations website. As a leading audio entertainment company, SiriusXM serves over 150 million listeners across its platforms, including Pandora, which is the largest ad-supported audio streaming service in the U.S. The press release highlights the company's significant reach and its strategic acquisitions in the podcasting space.
SiriusXM has unveiled its 'Future Five' artists for 2021, including Don Toliver, Drew Parker, Fousheé, Royal & The Serpent, and Zero 9:36. The announcement highlights the platform's commitment to music discovery amid the challenges of 2020, with success stories like Doja Cat and Roddy Rich from the previous year. The 'Class of 2020' recognizes artists such as Arizona Zervas and Phoebe Bridgers, who achieved significant milestones with SiriusXM's support. This initiative underscores SiriusXM's role in championing emerging talent and enhancing listener experience.
SiriusXM has launched a range of new pop-up channels and exclusive programs for the holiday season and New Year celebrations. Starting December 29, New Year's Nation will air on channel 105, featuring top celebration songs. Additional offerings include year-end countdown specials and live New Year's Eve programming across various channels. SiriusXM also introduces 'Jolly Christmas,' a holiday music channel, along with the 'Top 100 Interviews of 2020' pop-up channel. Exclusive podcasts and videos are available on the SiriusXM app, enhancing the holiday experience for listeners.