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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 ...
On February 19, 2007, Sirius announced a merger deal with competitor XM Satellite Radio. [27] If the pending merger received government approval, which was required because of antitrust considerations, it would combine the two services into a single satellite radio network in the United States and would be named Sirius/XM Radio.
Seen as a blow to XM's 100% commercial-free music channel status, XM Executive Vice President of Programming Eric Logan released a programming announcement to XM subscribers on the company's website that reiterated XM's commitment to commercial-free music while noting that XM still had the most commercial-free music and that more commercial ...
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 ...
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.
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