{"id":27162,"date":"2016-02-18T13:25:35","date_gmt":"2016-02-18T18:25:35","guid":{"rendered":"https:\/\/bejone03.expressions.syr.edu\/trf235\/?p=27162"},"modified":"2016-04-25T21:30:38","modified_gmt":"2016-04-26T01:30:38","slug":"sirius-xm-radio-5","status":"publish","type":"post","link":"https:\/\/bejone03.expressions.syr.edu\/trf235\/2016\/02\/18\/sirius-xm-radio-5\/","title":{"rendered":"Sirius XM Radio – Joshua Weisleder"},"content":{"rendered":"

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1221 Avenue of the Americas
\nNew York, NY 10020<\/p>\n

\"James<\/a><\/p>\n

James E. Meyer | Chief Executive Officer, SiriusXM<\/p>\n

\"SiriusXM_Preisdent_and_Chief_Content_Officer_Scott_Greenstein\"<\/a><\/p>\n

Scott Greenstein | President and Chief Content Officer, SiriusXM<\/p>\n

\"daraaltman\"<\/a>
\nDara Altman | Executive Vice President and Chief Administrative Officer, SiriusXM<\/p>\n

About<\/strong><\/p>\n

SiriusXM<\/a>\u00a0delivers quality ad-free satellite radio programing to its subscribers ever since its early inception in Washington, DC\u00a0in the early 90’s. The\u00a0broadcasting company transmits satellite radio services like Sirius Satellite Radio, XM Satellite Radio and Sirius XM Radio anytime and and anywhere for its subscribers in North America. Users can access the service in their car, computer, and smartphone and tablet devices. Sirius also has constructed deals with every major automaker while also providing weather and traffic updates for automobiles, trucks, boats, RVs and aircrafts. In regards to content, Sirius offers musical stations\u00a0from various genres and time periods, sporting entertainment from all major professional leagues and top notch talk show programming across its hundreds\u00a0of channels. SiriusXM\u00a0also allows users to individualize their content\u00a0by using MYSXM which lets users\u00a0listen to hours of on-demand programing so they will never miss a beat.\u00a0In regards to revenue, SiriusXM is the biggest in the\u00a0market and recently\u00a0reached\u00a030 million subscribers during its\u00a0first quarter of 2016(1)<\/a>.\u00a0The American based company also has a Canadian subsidiary called SiriusXM Canada<\/a>, which has a user base of 2 million users.<\/p>\n

New Programming<\/strong><\/p>\n

This past year, SiriusXM has added\u00a0more quality programs\u00a0to its already impressive collection\u00a0of stations. Some of their new content includes SiriusXM NHL Network Radio<\/a>,\u00a0SiriusXM Comedy Greats<\/a>,\u00a0FOX News Headlines 24\/7<\/a>,\u00a0Velvet<\/a> (a vocalist curated station for the likes of John Legend and Adele), SiriusXM Fly<\/a> (Hip\/Hop and RnB from the 90’s and early 2000’s) and KIDZBOP Radio<\/a>(2<\/a>).<\/p>\n

\"SiriusXMNHLNetworkRadio-8185-12-Logo-160x86-P-11042014\"<\/a>\"SiriusXMComedyGreats-9408-12-Logo-160x86-P-28042015\"<\/a>\"FOXNewsHeadline-9410-12-Logo-160x86-P-12062015,0\"<\/a>\"Velvet-9361-12-Logo-160x86-P-102513\"<\/a>\"SiriusXMFly-9339-12-Logo-P-160x86-020813\"<\/a>\"KidzBop-9366-12-Logo-160x86-P-091313\"<\/a><\/p>\n

SiriusXM also schedules in limited time channels throughout the year to test out potential\u00a0ratings or to celebrate particular events or musical artists. In anticipation for the acclaimed music festival, Sirius launched\u00a0Coachella Radio<\/a> on April 11 to feature music by artist that are scheduled to perform(3<\/a>).\u00a0Last January, recently after his death, Sirius added a commemorative David Bowie station<\/a> on channel 30\u00a0to celebrate his legendary career(4<\/a>). As well, with the recent passing of Prince, they created a station<\/a>\u00a0in his honor on channel 50(5<\/a>).<\/p>\n

\"princetribute20fta-800x450-green-v1\"<\/a> \"dbchannel-fi-800x450-v21\"<\/a><\/p>\n

This past march, SiriusXM provided all users access to every second of every game of the 2016 NCAA March Madness<\/a> on their satellite radios and internet connected devices. They provided extensive coverage for both mens and women’s basketball with insight analysis from\u00a0Mike Krzyzewski, Bobby Cremins, Tom Brennan, Steve Lappas and Mateen Cleaves(6<\/a>). In addition, at the beginning of April, SiriusXM expanded its\u00a0broadcasting coverage for Golfs biggest event, The Masters<\/a>. There programing included commentary and hours of live play-by-play coverage from Augusta National(7<\/a>).\u00a0As well, Sirius will broadcast all the NBA and NHL playoff action this postseason while also providing MLB and NFL regular season and playoff games\u00a0throughout the rest of 2016 and beyond.<\/p>\n

\"CollegeSports_FI_260x146_031111,4\"<\/a>\"\"<\/a>\"SXMNBARadio-Court-FI-260x146,4\"<\/a> \"SiriusXMNHLRadio-FI-260x146-100112,0\"<\/a><\/p>\n

Finances<\/strong><\/p>\n

Currently,\u00a0Sirius XM Holdings Inc. has a share price of $3.96 on NASDAQ(8<\/a>)<\/p>\n

\"Screen<\/a><\/p>\n

In 2015, the company recorded its highest revenue at $4.6 billion while having their Net Income reach $510 million(9<\/a>). Their Net Subscriber base grew by 2.3 million in the previous year, which helped them propel to 30.1 total users in 2016. In addition, their\u00a0EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization(10<\/a>)) surged 13% to an all time high for the company by reaching $1.66 Billion at the end of 2015 which eclipsed its 2014 mark of $1.47 Billion. For 2016, the company projects a 1.4 million net subscriber increase, $4.9 Billion rise in revenue, an EDBITDA of roughly $1.78 Billion and a Free Cash flow of around $1.4 billion. In addition, highly regarded financial analysis and TV personality for Mad Money<\/a>, Jim Cramer, publicly stated earlier in April that: “When you see a lot of cars being sold — and we have a remarkable number of cars being sold — you want to own Sirius(11<\/a>).”\u00a0With SiriusXM having market control of satellite radios with the main automobile manufactures, its safe to say that SiriusXM will continue to be profitable.<\/p>\n

Howard Stern<\/strong><\/p>\n

The king of SiriusXM’s programing is unquestionably Howard Stern. He has two stations on the service, Howard 100<\/a> and Howard 101<\/a>,\u00a0attracts millions of listeners and has generated huge earning for the company. As the highest paid radio broadcaster in the country, there was speculation if Stern would leave SiriusXM to purse a new distribution medium like Apple Music or Netflix(12<\/a>).\u00a0However, he\u00a0decided to renew his contract with SiriusXM last November to give him a 5 year $90 Million per year deal, which is an annual increase from his previous $80 million\u00a0yearly salary. By locking him up, SiriusXM can ensure that there biggest star is happy and\u00a0still an integral part of their growing business(13<\/a>).<\/p>\n

Broadcasting Partners<\/strong><\/p>\n

Despite having several fantastic musical stations, SiriusXM has established great partnerships with several\u00a0sports, news and talk programming\u00a0corporations. Some of their partners are BBC<\/a>, Bloomberg Radio<\/a>, CNBC<\/a>, CNN<\/a>, the Dave Ramsey Show, ESPN<\/a>, NPR<\/a>, Playboy, Radio Disney, and the Weather Network(14<\/a>). By having a strong group of media corporations available for users within the Sirius ecosystem, it gives users tons of options to recieve quality\u00a0news and talk.<\/p>\n

Automobile Partnerships<\/strong><\/p>\n

With a major source of listenership generated from car owners, SiriusXM has partnered with almost every major car manufacture in the market. They have existing deals with Acura<\/a>,\u00a0Audi<\/a>, BMW<\/a>, Cadillac<\/a>, Chevrolet<\/a>, Dodge<\/a>, Ford<\/a>, Harley Davidson<\/a>, Honda<\/a>, Jeep<\/a>, Kia<\/a>, Lexus<\/a>, Toyota<\/a>, and many more manufacturers(15<\/a>). By having\u00a0SiriusXM accessible\u00a0with both American and non-American automobiles and in both luxuries and more affordable cars, the company is allowing all drivers the opportunity to subscribe to their service and its\u00a0setting themselves up to be the go to place for in car audio entertainment in North America.<\/p>\n

Closing Statements<\/strong><\/p>\n

SiriusXM provides a service unmatched in the industry. Despite heavy competition in the streaming market, SiriusXM is the only provider of ad-free satellite radio with a multitude of stations to entertain any kind of listener. From your favorite pop songs\u00a0on Hits 1<\/a>\u00a0to breaking news on\u00a0CNN<\/a>, you have 100’s of channels to choose from.\u00a0After following another successful\u00a0fiscal year, locking up their biggest entertainment asset\u00a0in Howard Stern and continuously\u00a0locking down automobile partnerships, theres nothing slowing down the satellite radio giant.<\/p>\n

Sources<\/strong><\/p>\n

    \n
  1. Billboard<\/a> – April 23rd, 2016<\/li>\n
  2. SiriusXM: Channel Update<\/a>\u00a0– April 23rd, 2016<\/li>\n
  3. SiriusXM: Investor Update <\/a>– April 22nd, 2016<\/li>\n
  4. SiriusXM Blog: David Bowie<\/a>\u00a0– April 24th, 2016<\/li>\n
  5. SiriusXM Blog: Prince<\/a>\u00a0– April 24th, 2016<\/li>\n
  6. SiriusXM: Investor Update Golf<\/a>\u00a0– April 22nd, 2016<\/li>\n
  7. Marketwatch – April 23rd, 2016<\/a><\/li>\n
  8. SiriusXM Investor Update<\/a> – April 22nd, 2016<\/li>\n
  9. SiriusXM 2015 Financial Report<\/a>\u00a0– April 15, 2016<\/li>\n
  10. Investopedia<\/a>\u00a0– April 24th, 2016<\/li>\n
  11. The Street<\/a> – April 22nd, 2016<\/li>\n
  12. TechTimes<\/a> – April 22nd, 2016<\/li>\n
  13. Today<\/a> – April 23rd, 2016<\/li>\n
  14. SiriusXM Partners<\/a> – April 24th, 2016<\/li>\n
  15. SiriusXM Automobile Partners<\/a> – April 24th, 2016<\/li>\n<\/ol>\n

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                1221 Avenue of the Americas New York, NY 10020 James E. Meyer | Chief Executive Officer, SiriusXM Scott Greenstein | President and Chief Content Officer, SiriusXM Dara Altman | Executive Vice President and Chief … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":479,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4877],"tags":[4997,1884,229,1459,1081,4585,3491,1400,1401,4998,4584,969,3747,1458,4472,1949,5000,4999,3748],"_links":{"self":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts\/27162"}],"collection":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/users\/479"}],"replies":[{"embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/comments?post=27162"}],"version-history":[{"count":7,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts\/27162\/revisions"}],"predecessor-version":[{"id":28084,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts\/27162\/revisions\/28084"}],"wp:attachment":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/media?parent=27162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/categories?post=27162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/tags?post=27162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}