Tag: Jennifer Witz

SiriusXM has appointed Anjali Sud, CEO of Tubi and former Vimeo chief, as an independent director on its board, following the resignation of vice chairman and former CEO James E. Meyer. Sud brings deep experience in digital media and streaming,…

SiriusXM is laying off 160 employees, about 3% of its workforce, as it refocuses on digital streaming and in-car technology amid growing competition from on-demand audio platforms. The company has struggled with slowing revenue growth, a declining self-pay subscriber base,…

SiriusXM reported Q4 2024 earnings that exceeded Wall Street expectations, but its full-year revenue declined 3% to $8.7 billion due to lower subscriber fee income. The company added 149,000 self-pay subscribers in Q4 but ended the year with 296,000 fewer…

SiriusXM introduced SiriusXM Free Access, a free ad-supported service for Internet-connected car radios with the 360L platform, offering music, sports, and news channels. Users must engage with the service every 60 days to avoid cancellation. This launch aims to counteract…