Analysts give their views on SiriusXM / Pandora acquisition
Analysts have been publishing their views on the implications of SiriusXM’s proposed acquisition of Pandora, and it’s fair to say many of them are taking a wait-and-see approach. Goldman Sachs highlighted the ‘go-shop’...
September 26, 2018
SiriusXM to buy Pandora: ‘We would benefit from a free funnel’
By now you’ll likely know that US satellite-radio firm SiriusXM has announced plans to buy streaming service Pandora, in a transaction valuing the latter company at $3.5bn. The deal follows SiriusXM’s $480m strategic...
September 25, 2018
Artists threaten to boycott SiriusXM over its MMA lobbying
US satellite-radio service SiriusXM has been coming under sustained fire for its lobbying around the proposed Music Modernization Act legislation, which this week has reached a crucial stage in its passage through the US...
September 18, 2018
RIAA criticises SiriusXM over Music Modernization Act lobbying
Satellite-radio firm SiriusXM continues to be one of the chief villains of 2018 for the US music industry, thanks to its lobbying efforts to amend (if not block) the Music Modernization Act. Now RIAA president Mitch Glazier...
September 13, 2018
NMPA boss hits back at SiriusXM over MMA opposition
“There will likely be another guest column from an industry body criticising Meyer’s piece within days,” we wrote in Friday’s bulletin, after SiriusXM boss Jim Meyer published an article defending his company’s...
August 28, 2018
SiriusXM boss defends lobbying over Music Modernization Act
Satellite-radio firm SiriusXM has been coming under fire for lobbying against the US Music Modernization Act (MMA). Now its CEO Jim Meyer has written a guest column for Billboard defending the company over its position.
August 24, 2018
Satellite-radio service SiriusXM now has 33.5m subscribers
According to recent reports, Spotify and Apple Music are both around the 20-million subscribers mark in the US. Who’s got more though? Satellite-radio service SiriusXM. The company ended the second quarter of this year...
July 26, 2018
SiriusXM CEO criticises proposed US Classics Act legislation
The proposed Classics Act is trying to clear up the digital-licensing status of songs recorded before 1972. When it was introduced earlier this year, we noted that Pandora was supporting the bill, in stark contrast to satellite-radio...
February 27, 2018
SiriusXM debuts ‘360L’ in-car satellite-plus-streaming service
US satellite-radio firm SiriusXM has launched the latest iteration of its in-car service, called 360L. That represents “360-degree listening” with a blend of satellite radio and streaming to pipe music into vehicles,...
January 17, 2018
SiriusXM launches an Alexa skill for Echo access
Amazon Echo owners can now access another music-related service through their smart speaker: SiriusXM. The US satellite-radio service has launched its own Alexa skill, making more than 200 of its channels available for...
June 21, 2017
SiriusXM posted highest quarterly revenues yet in Q3 2016
Satellite radio firm SiriusXM reported its latest financials yesterday, with its revenues up 9% year-on-year to $1.3bn in Q3 – a record for the company. It also reported a net profit of $194m, up 16% year-on-year, as...
October 28, 2016
SiriusXM financials see significant rise in profits
US satellite-radio firm SiriusXM has reported a big rise in net profits for the company’s latest quarterly financials. Its revenues grew by 10% year-on-year to $1.2bn in the second quarter of 2016, but its net income rose...
July 27, 2016