The Latest Breaking News from Sirius XM

Sirius XM Holdings Inc (NASDAQ:SIRI) reported first-quarter FY22 revenue growth of 6% year-on-year to $2.19 billion, beating the consensus of $2.15 billion. Subscriber revenue expanded 6.3% Y/Y to $1.71 billion. Advertising revenue increased 8.2% Y/Y to $383 million. SiriusXM incorporated hardware into 83% of new vehicles sold in the U.S., up from 81%…

The growing penetration and consumption of on-demand content, and the adoption of next-gen linked devices, are expected to contribute to the broadcasting industry’s growth in the coming years. Thus, we think broadcasting stocks Sirius XM (SIRI), News Corporation (NWSA), and Grupo Televisa (TV) could be solid investments now. Let’s discuss.

Liberty Media Corporation (NASDAQ:FWONA) (NASDAQ:LSXMK) reported fourth-quarter and year-end 2021 results, with results attributed to Liberty SiriusXM Group, Formula One Group, and Braves Group. Liberty SiriusXM Group: Liberty SiriusXM reported fourth-quarter FY21 revenue growth of 4.2% year-on-year to $2.28 billion. Liberty SiriusXM reported a positive operating income of $450 million versus $(527) million…

Last month, comedian Bill Engvall got a very nice email from Sirius XM-owned streamer Pandora, congratulating him on reaching over 600 million streams of his work on its platform from 227,000 monthly listeners. It sounded like a noteworthy milestone for a major headlining comedian, especially one who has been in…