Sirius Satellite Radio
In wake of the coronavirus pandemic, SiriusXM has begun offering free access to content on its full streaming service to listeners in North America through May 15.
SiriusXM said that Doctor Radio and NYU Langone Health's medical experts is launching 24/7 programming, live and on demand, dedicated to the latest news and updates surrounding the coronavirus
There are product launches and then there are the Joe Clayton product launches. For a number of reasons, we'll take the latter almost any time.
It feels like satellite radio has been in Canada forever now. Virtually every new vehicle sold here has a satellite radio option while some even come with satellite radio standard. Whether it be Sirius or XM, satellite radio offers drivers hundreds of radio channels that are accessible virtually anywhere in North America-great for long distance road trips.
For those unfamiliar with satellite radio, it is an audio service available either in your vehicle, on your mobile device, or online.
Satellite radio seemed like a good idea a decade ago. That was before drivers had a wide array of alternatives to commercial-clogged AM and FM bands. But today, paying for satellite radio has become much less appealing, as gigabytes of music fit in the palm of your hand and smartphones with streaming services flood into vehicles. Former adversaries XM and Sirius merged to keep from crashing to Earth, and now the satellite radio conglomerate is looking to a new revenue stream to keep the company relevant and inside cars.
Sirius XM Radio on Tuesday reported strong results for its first quarter, with increased revenue and subscription numbers helped by improved car sales.
Sirius reported $805 million in revenue for the first three months of 2012, up 11 percent over the same period the year before, and $108 million in earnings, or 2 cents a share. The company added 405,000 subscribers in the quarter, reaching a high of 22.3 million. Sirius said it now expected to gain 1.5 million subscribers for the year, up from its earlier estimate of 1.3 million.
In this volatile corner of the media, SiriusXM faces a set of digital music competitors such as Pandora, Spotify, Slacker and Rhapsody that allow listeners to build custom stations to fit their own tastes. Clear Channel also is hitting back with its own personalized digital music service, called iHeartRadio. Those services have grown up primarily on the Web and mobile devices, where Sirius has but a small presence. Now, they're slowly muscling into SiriusXM's stronghold -the car. SiriusXM plans to beat these newcomers the same way it conquered FM radio