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Following the six-month promotional period, subscribers would have to start paying the regular price for either ESPN+ (currently $11.99/month) or SiriusXM streaming (starting at $9.99/month).
Sirius XM also has pricing power, as its average revenue per user is up 10% in the past five years. Buffett has said that the ability to successfully raise prices is a sign of a great business.
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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 ...
Plus, SiriusXM stock is cheap, trading at a forward price-to-earnings ratio of just 7.8. However, SiriusXM is facing an uphill battle in the music subscription space. Its subscriber numbers seem ...
The company pays a nice dividend that yields 4.7% at the current stock price. That will cost Sirius XM just $409 million of its $1.1 billion in anticipated cash flow this year, leaving plenty of ...
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