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Sirius XM Holdings, Inc - SIRI STOCK NEWS

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 the largest audio entertainment company in North America, boasting a portfolio of audio businesses that cater to a wide range of listener preferences. With 27.3 million subscribers, SiriusXM delivers commercial-free music, premier sports and live events, news, comedy, exclusive talk and entertainment, and the most comprehensive lineup of Latin commercial-free music, sports, and talk programming in radio.

The company is composed of two main businesses: SiriusXM and Pandora. SiriusXM transmits music, talk shows, sports, and news via its two satellite radio networks, primarily to consumers in vehicles who pay a subscription fee. SiriusXM radios come preinstalled in a wide range of light vehicles across the US and Canada. Additionally, listeners can personalize SiriusXM’s expertly curated commercial-free music channels using MySXM and access thousands of hours of programming on demand through SiriusXM On Demand.

Pandora, acquired by Sirius XM Holdings in February 2019, is a streaming music platform that offers both an ad-supported radio option and a paid on-demand service. It also features a robust and growing podcast library, further expanding the company's content offerings. Pandora's ad-supported service generates significant revenue from advertisements, while its premium service offers an ad-free experience for users.

Sirius XM Holdings is controlled by Liberty Media, which owns 84% of the company, traded through its Liberty Sirius XM Group tracking stock. Reaching a combined monthly audience of approximately 150 million listeners, SiriusXM and Pandora offer diverse and expansive content across various genres and interests.

Recent developments include SiriusXM's acknowledgment of a non-binding proposal from Liberty Media regarding a potential transaction involving the company, which is currently being evaluated by a special committee of independent directors.

In August 2023, SiriusXM reported its operating and financial results for the second quarter of 2023, and similar updates were provided for the third quarter in October 2023, the full year 2023 in February 2024, and the first quarter of 2024 in April 2024. These results can be accessed on the Investor Relations section of the SiriusXM website.

In addition, SiriusXM unveiled a new streaming app set to roll out in December 2023, alongside a refreshed brand platform and a newly-priced Streaming All Access Plan aimed at attracting a new generation of listeners. The new app promises a more personalized, easy-to-use, and discovery-focused streaming experience.

SiriusXM continues to innovate and expand its distribution agreements with automotive manufacturers and other industry players to enhance its offerings and reach more potential subscribers.

For more information about SiriusXM, visit their website.

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SiriusXM will provide extensive coverage of the 2022 NFL Draft from April 28-30, broadcasting live from the NFL Draft Theater in Las Vegas. Coverage includes live announcements of all 32 teams' picks and in-depth analysis by experts like Jim Miller and Pat Kirwan. Broadcast hours are set for 7 PM to midnight ET on Thursday and Friday, and noon to 7 PM ET on Saturday. Post-Draft shows will allow fans to discuss team selections. SiriusXM NFL Radio is accessible on channel 88 and via the SXM App.

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SiriusXM has announced a partnership with the athlete-led media network I Am Athlete, founded by Brandon Marshall, to produce new content including a live nightly show called I Am Athlete Tonight. This show will debut on April 27 and air weekdays from 7-9 pm ET on the Mad Dog Sports Radio channel. Additionally, SXM Media gains exclusive ad sales rights for I Am Athlete's podcasts. The collaboration aims to deliver unique programming and expand the I Am Athlete platform, capitalizing on its popularity which includes over 780K YouTube subscribers.

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SiriusXM has launched Holy Culture Radio, a new channel dedicated to Christian Hip-Hop and Rhythm & Praise, available on the SXM App and SiriusXM radios (channel 154) as of April 21, 2022. The channel features 13 shows, including popular programs like The Christ Revolution Music and K.I.N.G Talks, focusing on faith, culture, and personal success. Owned by The Corelink Solution, the channel aims to serve historically underserved audiences and promote cultural enrichment through music and dialogue.

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SiriusXM's Board of Directors has declared a quarterly cash dividend of $0.0219615 per share of common stock. This dividend will be paid on May 25, 2022, to stockholders of record on May 6, 2022. As the leading audio entertainment company in North America, SiriusXM serves approximately 150 million listeners through various platforms, including Pandora, Stitcher, and more. Despite facing challenges such as competition and supply chain issues, the company continues its commitment to returning value to shareholders through consistent dividend payments.

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Sirius XM Holdings has launched a new Pandora station named Country Grit, spotlighting the rise of rock-infused country music. The station features a blend of artists, including both established names like Chris Stapleton and Miranda Lambert, and rising stars like Bailey Zimmerman and Morgan Wade. With country music being highly popular on Pandora, this addition aims to cater to listeners' interest in authentic and edgy country sounds.

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SiriusXM and Laugh Out Loud have announced the launch of Amanda Seales' Smart Funny & Black Radio, a new morning show set to air on April 18, 2022, at 10:00 am ET. Co-hosted by JeremiahLikeTheBible and Taj Rani, the show will explore culture, comedy, and current events. Seales, known for her role in Insecure, expressed excitement about returning to radio. Kevin Hart, Chairman of Laugh Out Loud, praised Seales' talent, making this show a can't-miss experience for listeners. The program marks Seales' return to SiriusXM after previously hosting Breakfast at Diva's.

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SiriusXM is set to provide comprehensive audio coverage for the 2022 MLB season, with live broadcasts of all regular season and postseason games available on SiriusXM radios and the SXM App. New programming includes "Unassisted with Jenny Cavnar," airing weekdays on MLB Network Radio. Additionally, the award-winning podcast "Black Diamonds" returns for a new season. The MLB season kicks off on April 7, 2022, featuring notable matchups like the Yankees vs. Red Sox. SiriusXM's offerings include 30 play-by-play channels, making it a premier choice for baseball fans.

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SiriusXM and Raymarine have launched the SiriusXM Fish Mapping service, now available on Raymarine's Axiom displays. This service aids saltwater anglers in locating fish efficiently, ultimately saving fuel. It utilizes the SR200 SiriusXM Satellite Weather receiver and Raymarine's LightHouse 4 OS to provide real-time fishing data, including plankton concentrations and sea surface temperatures. The service is accessible via a monthly subscription of $99.99, with a free month trial available. A $100 rebate is also offered for new SR200 purchases.

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SiriusXM announced its plans to release first quarter 2022 financial results on April 28, 2022, at 8:00 am ET. The conference call will be available for investors and the press on the company's website. SiriusXM is the leading audio entertainment company in North America, reaching approximately 150 million listeners across various platforms. The company emphasizes its digital audio audience, including its subsidiary Pandora, which is the largest ad-supported audio streaming service in the U.S.

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SiriusXM announced expanded broadcast plans for the Masters Tournament from April 2-10, 2022. This includes the first-ever live radio broadcasts of the Augusta National Women's Amateur and the Masters Par 3 Contest. Notable broadcasters joining the team include Mike Tirico, Curtis Strange, Steve Melnyk, and Suzy Whaley. Live coverage of the Tournament will run daily from April 7-10, starting at 2 pm ET. Additionally, various specials and pre- and post-round coverage will be available throughout the week, enhancing the listener experience for golf fans.

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FAQ

What is the current stock price of Sirius XM Holdings (SIRI)?

The current stock price of Sirius XM Holdings (SIRI) is $25.8 as of November 15, 2024.

What is the market cap of Sirius XM Holdings (SIRI)?

The market cap of Sirius XM Holdings (SIRI) is approximately 8.8B.

What is Sirius XM Holdings Inc.?

Sirius XM Holdings Inc. is the largest audio entertainment company in North America, offering a range of subscription-based and ad-supported audio services through its brands SiriusXM and Pandora.

What services does SiriusXM provide?

SiriusXM provides commercial-free music, premier sports and live events, news, comedy, exclusive talk and entertainment, and Latin programming, primarily through satellite radio.

What is Pandora?

Pandora is a streaming music platform owned by Sirius XM Holdings, offering both ad-supported and premium on-demand music services, along with a growing podcast library.

Who owns Sirius XM Holdings Inc.?

Liberty Media owns 84% of Sirius XM Holdings Inc., traded through its Liberty Sirius XM Group tracking stock.

How many subscribers does SiriusXM have?

SiriusXM has 27.3 million subscribers.

Can I personalize my listening experience on SiriusXM?

Yes, SiriusXM listeners can personalize their listening experience using MySXM and access thousands of hours of programming on demand.

What recent developments have been reported by SiriusXM?

Recent developments include a potential transaction proposal from Liberty Media, new financial results updates, and the launch of a new streaming app and brand platform.

Where can I find financial results for SiriusXM?

Financial results for SiriusXM can be accessed on the Investor Relations section of the SiriusXM website.

When will SiriusXM's new streaming app be available?

SiriusXM's new streaming app is set to roll out on December 14, 2023.

How many listeners does SiriusXM reach each month?

SiriusXM reaches a combined monthly audience of approximately 150 million listeners.

Sirius XM Holdings, Inc

Nasdaq:SIRI

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SIRI Stock Data

8.83B
339.20M
39.92%
23.12%
4.8%
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