It’s official: SiriusXM to buy Stitcher from Scripps
The satellite radio giant will pay $265 million now and $60 million later.
SiriusXM Pandora
SiriusXM Pandora is a satellite and streaming media company based in New York City. The company operates SiriusXM satellite radio, Pandora and Stitcher and is a major investor in streaming media service SoundCloud. It also owns the podcast production companies Earwolf and Team Coco.
Key Data:
- 34.3 million subscribers (SiriusXM radio)
- Quarterly revenue: $2.283 billion (Overall)
- ARPU: $15.64 (SiriusXM radio)
(Source: Company earnings report, updated February 3, 2023)
SiriusXM customers get cash settlement checks over robocalls
The checks stem from a federal class action lawsuit over automated robocalls made between 2013 and 2019.
SiriusXM close to acquiring podcast aggregator Stitcher
The premium audio giant has made aggressive purchases in recent years as it looks to diversity beyond satellite radio.
As contract end nears, SiriusXM working “hard” to keep Howard Stern
If Howard Stern leaves SiriusXM, his departure would mark the end of an incredible run for the satellite radio industry.
SiriusXM pulls iHeart’s WHTZ off satellite platform
WHTZ is one of two iHeart stations syndicated nationally on SiriusXM, a holdover from the days when Sirius and XM were separate services.
SiriusXM launches medical advice channel focused on coronavirus
Satellite and streaming radio company SiriusXM has launched a 24-hour medical advice channel dedicated to answering listener questions about the coronavirus outbreak.
SiriusXM and Pandora launch new streamlined careers portal
SiriusXM has refreshed its careers portal with a new look-and-feel and streamlined openings from SiriusXM subsidiaries, including streaming music service Pandora and the automotive tech company Automatic.
SiriusXM quietly adds option to cancel service online
An option quietly rolled out by SiriusXM now allows customers to cancel their service by chatting with an agent.
SiriusXM, Pandora expected to remain separate entities
The decision to keep SiriusXM and Pandora as separate offerings is by design now, but it wasn’t the intention from the start.
SiriusXM invests $75 million in SoundCloud
The deal provides SiriusXM a minority stake in SoundCloud and expands on a previous ad partnership between the streaming service and SiriusXM-owned Pandora.
