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 reported Q2 2022 revenue of $2.25 billion, a 4% increase year-over-year. Net income fell to $292 million, down from $433 million in the previous year, with diluted EPS at $0.07. Adjusted EBITDA decreased by 3% to $679 million. The company returned $1.6 billion to shareholders year-to-date and anticipates positive self-pay net subscriber additions for the full year. Subscriber metrics showed modest growth in self-pay subscribers but a decrease in overall active users for Pandora.
American Express (AXP) is partnering with SiriusXM for the 'Small Stage Series' to promote local businesses through live performances in five U.S. cities this summer. The initiative includes a $30 gift card incentive for eligible Card Members at participating small businesses. A recent survey indicates that shopping small could contribute up to $793 billion to the economy this summer. Despite inflation concerns, 77% of small business owners are optimistic about sales, with 62% expecting higher revenues compared to last year.
SiriusXM's Board of Directors declared a quarterly cash dividend of $0.0219615 per share, payable on August 31, 2022, to stockholders of record as of August 5, 2022. The company, a leader in North America's audio entertainment industry, reaches approximately 150 million listeners. SiriusXM's subsidiaries, including Pandora, enhance its market position across subscription and ad-supported audio services. The press release emphasizes the company’s growth strategy amidst competitive and economic challenges, including ongoing supply chain issues.
SiriusXM (NASDAQ: SIRI) will announce its second quarter 2022 financial results on July 28, 2022, with an investor call at 8:00 a.m. EDT. CEO Jennifer Witz and CFO Sean Sullivan will host the call. Interested participants can join via telephone or access a webcast on the SiriusXM investor relations website. SiriusXM remains a leader in audio entertainment, reaching approximately 150 million listeners in North America, with offerings including music, sports, talk, and podcasts.
SiriusXM has announced that its SXM App is now accessible to Comcast customers via Xfinity X1, Xfinity Flex, and XClass TV. This integration offers over 425 channels, including exclusive content from Howard Stern, ad-free music, podcasts, and more. Eligible Comcast users can enjoy a free 3-month subscription to SiriusXM. Future updates to the app will introduce SiriusXM Video, featuring over 11,000 exclusive performances and interviews. The partnership aims to enhance the home entertainment experience for millions of Comcast subscribers.
SiriusXM announced that CEO Jennifer Witz will present at the Credit Suisse 24th Annual Communications Conference on June 14, 2022, at 12:45 pm ET. Investors can access the presentation via the Investor Relations section of the company's website. SiriusXM is a leading audio entertainment company in North America, reaching approximately 150 million listeners and offering various audio products, including music, sports, and podcasts. For more details, visit www.siriusxm.com.
SiriusXM has announced a collaboration with MasterClass to launch MasterClass Hour, allowing listeners to access MasterClass programming in their cars and homes. The program will air on SiriusXM Stars and Business Radio, featuring lessons from notable instructors like Hillary Rodham Clinton, Bob Iger, and Steve Martin. MasterClass Hour begins May 27, 2022, with additional content available on the SXM App and a limited-run channel set for September 1-15, 2022. This expansion aims to enhance user engagement.
SiriusXM will broadcast live coverage of the 106th Indianapolis 500 on May 29, 2022, featuring exclusive pre-race programming and race commentary. Listeners can tune in starting at 11:00 am ET on SiriusXM INDYCAR Nation (channel 160). Helio Castroneves competes for a historic fifth victory, driving the No. 06 AutoNation/SiriusXM Honda for Meyer Shank Racing. Additionally, SiriusXM will offer special programming, including the 'Brick by Brick' show and the 'Off Track with Hinch and Rossi' podcast, enhancing the race experience for fans.
Stitcher, in collaboration with Rococo Punch and Room Tone, announced the launch of a new reality podcast series, Welcome to Provincetown, set to premiere on June 15. The series, hosted by award-winning documentarian Mitra Kaboli, explores the lives of seven residents in the LGBTQ-friendly town of Provincetown, MA. This ten-episode series combines reality TV and audio storytelling, showcasing the dynamics of the summer community that balloons from 3,000 to 60,000. SXM Media will handle global advertising sales for the podcast, adding to Stitcher's portfolio of original content.
SiriusXM has acquired Team Coco, including the popular podcast Conan O'Brien Needs a Friend. The deal ensures Conan O'Brien continues as host and expands his role to executive produce a dedicated Team Coco comedy channel. This acquisition enhances SiriusXM's portfolio, leveraging Team Coco's strong audience of over 17 million social media followers and 180 million annual podcast downloads. The partnership aims to amplify SiriusXM's comedy offerings and maximize advertising opportunities across its platforms.
