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Sirius XM's mobile app (version 3.0), as seen on the iPad Mini. On February 4, 2010, the Sirius XM BlackBerry application was announced, for use on BlackBerry smartphones (the Bold, Curve, Storm, and Tour). [82] As of April 2013, the app featured over 150 channels. [83] On May 28, 2010, the Sirius XM application for Android smartphones was ...
As of February 11, 2009, Sirius XM had $3.25 billion in total debt and had until February 17, 2009, to repay $175 million in bonds held by EchoStar. EchoStar has been buying Sirius XM's debt since an unsuccessful December 2008 takeover bid. Shares of Sirius XM had been trading for less than $1 from September 10, 2008, until February 2010. [66]
Sirius XM's monthly churn rate for its self-pay subscribers is 1.6%, within its historical range. The challenge for Sirius XM is attracting new users. Its free trial funnel continues to soften.
Sirius XM Holdings (NASDAQ: SIRI) has had a roller-coaster past. In the years following its initial public offering (IPO), its shares surged in price by nearly 900%.
Sirius XM's total interest expense was $416 million over the last 12 months, or a large chunk of its $2 billion in operating earnings. If revenue keeps falling, profits will keep falling. But the ...
On March 24, 2008, the United States Department of Justice approved the merger of XM and Sirius Satellite Radio. [29] On July 26, the FCC approved the XM-Sirius merger [30] and on July 29, Sirius and XM officially merged as Sirius XM Radio. [31] XM Canada and Sirius Canada, subsidiaries of the parent companies, remained separate until April ...
SiriusXM has a dedicated base of users, but AM/FM still controls a 60% share of ad-supported and ad-free offerings in cars, according to Edison Research’s Q1 2024 Share of Ear survey. (And it ...
Sirius Canada was a Canadian company, a partnership between Slaight Communications, the Canadian Broadcasting Corporation and Sirius Satellite Radio, which was one of three services licensed by the CRTC on June 16, 2005, to introduce satellite radio service to Canada.