Tag: siriusxm

Read More

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’...
Read More

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...
Read More

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...
Read More

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...
Read More

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...
Read More

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.
Read More

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...
Read More

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...
Read More

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,...
Read More

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...
Read More

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...
Read More

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...