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Conversely, beginning later this month, new and existing ESPN+ subscribers in the U.S. are eligible to get a six-month free subscription to SiriusXM’s streaming-only service. More from Variety ...
(The remainder were promotional and trial subscribers.) The drop in paid subscribers was better than the 130,000 it lost in the second quarter of 2023. Total revenue came in at $2.18 billion, down 3%.
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.
Data source: Sirius XM presentation. It also expects to lower its non-satellite capex from a range of $450 million to $500 million in 2024 to below $400 million in 2026.
(Reuters) - SiriusXM launched its new streaming app with a rebranded logo on Wednesday as the satellite radio company looks to add subscribers with the introduction of its lower priced offerings.
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Sirius XM's subscriber base peaked at 34.9 million in 2019. Now there are 33.2 million accounts, a 5% decline since then. There are plenty of reasons for the slow fadeout at Sirius XM.
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