A mixed bag in Q2 for US satellite broadcaster SiriusXM. Earnings for the period were $103m, a drop from $120 a year ago – which was partly down to payments to settle recent litigation over recordings for pre-1972 recordings. In a click-click-finger-snap-stop-looking-at-that-look-at-THIS movement, the company has trumpet-tootled about an 8% increase in revenues to $1.12bn as well as a bump of 692k new subscribers in the period,
a 46% improvement from the 475k added in Q2 2014. This brings its total subscriber base to 28.4m. CEO Jim Meyer prated on about how tremendous the music industry (the same one that was chasing it, like a litigious Dick Dastardly after that pigeon, around the courts for pre-1972 royalties) is as a partner. He also hinted that in “the fall” (he means “the autumn”) it would be working more closely with the TV industry. That will include a 24-hour news channel with Fox News.
Tools: platforms to help you reach new audiences
Tools: Kaiber
In the year or so since its launch, AI startup Kaiber has been making waves,…