Sirius XM posted its results from the first quarter of 2019, which includes the impact of its purchase of Pandora that closed on February 1. Quarterly revenue rose 27% on-year to $1.7 billion. Continue Reading
Sirius XM announced a new subscription option intended to reach more audiences outside of their cars. The Essential plan includes access to more than 300 channels on mobile phones, tablets, desktops, and connected devices such as smart speakers. Continue Reading
Sirius XM and Pandora have announced a content crossover which brings Sirius talk shows into Pandora as podcasts. Beginning now, about two dozen talk shows from Sirius XM are available in Pandora. We had trouble finding them; click through for a handy link from Pandora. Continue Reading
Sirius XM and Pandora have launched their first cross-platform collaboration since the satellite radio company acquired the online audio platform in September. The new interactive channel, called Pandora NOW, will be available on both of the audio services starting today. Continue Reading
Sirius XM is taking new steps in its ownership of Pandora. The satellite radio company has launched a content team that will create original programming in music, sports, and talk for Pandora based on Sirius XM’s model. Continue Reading
Sirius XM announced a new content expansion for its subscribers. The satellite radio company introduced more than 100 curated, commercial-free streaming music channels available exclusively to Sirius XM All Access and Sirius XM Premier Streaming subscribers. Continue Reading
As predicted in this week’s Sirius XM earnings call for Q4 2018, the Sirius XM acquisition of Pandora closed today. Pandora is now a wholly owned component of the satellite broadcaster. In the earnings call, Sirius CEO Jim Meyer had things to say about Pandora, and was explicit in laying out broad strategic thoughts. Click through for abundant quotes. Continue Reading
Sirius XM released its fourth-quarter financial results. Total revenue in Q4 was nearly $1.5 billion, up from $1.4 billion. Quarterly net income reached $251 million, compared with a loss of $37 million in the year-ago period. Continue Reading
Pandora’s shareholders have approved a big change to leadership, a move that will see new owners Sirius XM exerting much more control over the audio company. The January 29 meeting saw stockholders approve the all-stock acquisition of Pandora by Sirius XM. When the buyout closes, several high-ranking officials will leave Pandora, including CEO Roger Lynch. Continue Reading
Sirius XM announced that it closed 2018 with about 28.9 million self-pay subscribers. Adding about 1.4 million self-pay subscribers helped the satellite radio company to exceed its previous subscriber guidance for 2-18 by about 40%. Continue Reading
Sirius XM reported its third-quarter financial results. Net income for the period totaled $343 million, or 7 cents per diluted share. Quarterly revenue reached a new record of $1.5 billion, up 6% from the third quarter of 2017. The company also received updates on its planned acquisition of Pandora Media. Continue Reading
Sirius XM has entered a marketing partnership with Amazon to offer two potential deals in the crossover between satellite radio and smart speakers. The bundles are part of a major promotional initiative by Sirius XM called Bring Us Home, a campaign centered on encouraging listeners to use its satellite radio plans outside of cars. Continue Reading