Sirius XM Holdings, Inc - SIRI STOCK NEWS

SiriusXM reported a first-quarter 2022 revenue of $2.19 billion, up 6% year-over-year, with a net income of $309 million and diluted EPS of $0.08. Adjusted EBITDA increased by 1% to $690 million. The company returned $1.3 billion to stockholders through dividends and stock buybacks. The subscriber count reached 34 million, with a churn rate of 1.6%. Despite supply constraints in the automotive sector impacting new subscriber growth, the firm reaffirmed its year-end guidance for subscribers and financial metrics.

SiriusXM and Audio Up are launching two new original scripted podcasts, Make It Up As We Go: Season 2 and Sonic Leap, premiering on May 3. The former continues the story of Charlotte Sayles, a young country singer aiming for fame, while the latter tells a fictional backstory of the band Hero the Band. A sneak preview will be available on SiriusXM's Volume Channel on May 2. The collaboration is expected to enhance SiriusXM's podcast production and promotional capabilities, leveraging its vast audience reach.

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.

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.

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.

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.

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.

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.

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.