SoundCloud turns ‘The Lookout’ playlist into a SiriusXM show
Apple Music has been turning some of its flagship playlists into radio shows for a while now – aided by the fact that it has its own on-platform radio stations. However, other streaming services can follow suit through...
April 23, 2021
SiriusXM writes down Pandora value by $1bn citing royalties
US satellite radio firm SiriusXM has revealed that it is writing down the value of Pandora, its music streaming subsidiary, by around $1bn. The news came in SiriusXM’s announcement to investors of its expectations...
January 11, 2021
Pandora now has 58.6m monthly active listeners
US satellite-radio firm SiriusXM published its latest financials yesterday, revealing that it now has nearly 30.5 million 'self-pay' subscribers to its service, having added 169,000 in the third quarter of this year. Its...
October 23, 2020
Streaming panel calls for more innovation from DSPs and labels
Are the big music streaming services too similar to one another? And if so, how can they break out of that box to innovate and differentiate themselves? A panel at Music Ally's Sandbox Summit Global online conference yesterday,...
September 24, 2020
SiriusXM confirms Stitcher acquisition for up to $325m
We reported last week that satellite-radio firm (and Pandora owner) SiriusXM was in talks to buy podcasts company Stitcher. Yesterday, the deal was confirmed. SiriusXM is paying $265m in cash for the company, with up...
July 14, 2020
SiriusXM in talks to acquire podcasting company Stitcher
Spotify's market cap is $48.4bn at the time of writing, having grown by $6.5bn since we last checked in on 19 June – and then it had already grown by nearly $12bn in the previous month. As we explained then, it's the...
July 7, 2020
SiriusXM to launch artist channels for Bowie, Eagles and more
US satellite-radio firm SiriusXM is launching a bunch of authorised artist channels on its service on 1 May. It’s a raft of big catalogue artists: David Bowie, Eagles, Fleetwood Mac, George Strait, Guns N’ Roses,...
April 30, 2020
SiriusXM takes $75m stake in SoundCloud with two board seats
US satellite-radio firm SiriusXM owns Pandora, but now it has a minority stake in SoundCloud too. The company announced a $75m investment in the streaming service yesterday, which will see it also take two seats on SoundCloud’s...
February 12, 2020
SiriusXM financials reveal latest numbers for Pandora
US music streaming service Pandora ended 2019 with 63.5 million monthly active users, representing an 8.5% decline year-on-year as the service lost 5.9 million listeners. Its total ad-supported listener hours for the year...
February 5, 2020
SiriusXM reveals that it ended 2019 with 34.9m subscribers
US satellite-radio firm SiriusXM has issued an update for its investors trumpeting its year-end figures for 2019. The company says it ended last year with 34.9 million total paid subscribers – a record – including around...
January 8, 2020
U2 to launch their own radio channel on SiriusXM and Pandora
U2 are the latest artist to ink a partnership with both SiriusXM and its Pandora subsidiary. The band are launching something called U2X Radio, which will include their own station on SiriusXM’s satellite-radio service...
December 5, 2019
Pandora ended Q3 2019 with 63.1m listeners and 6.3m subscribers
US satellite-radio firm SiriusXM published its latest quarterly financial results yesterday, including new figures for its streaming subsidiary Pandora. On the latter front, Pandora’s advertising revenues grew by 8% year-on-year...
November 1, 2019