Tag: siriusxm

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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...
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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...
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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.
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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...
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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...
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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,...
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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...
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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...
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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...
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SiriusXM now has nearly 29m subscribers

US satellite radio service SiriusXM added 525k net subscribers in its last quarter, taking its total of paying customers to just under 29m. This came as the company reported quarterly revenues of $1.17bn, up 11% year-on-year,...
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SiriusXM users up but earnings down

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....
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The Turtles in the soup after failing to stop SiriusXM settlement with RIAA

The whole issue of SiriusXM paying (or, rather, not paying) royalties on the broadcast of tracks recorded before 1972 was raised by a class action brought by Flo and Eddie of 1960s act The Turtles two years ago. In a separate...