SiriusBuzz http://siriusbuzz.com All Things SiriusXM Satellite Radio Fri, 30 Jan 2015 14:16:46 +0000 en-US hourly 1 SiriusXM Super Bowl Coverage http://siriusbuzz.com/siriusxm-super-bowl-coverage.php http://siriusbuzz.com/siriusxm-super-bowl-coverage.php#comments Fri, 30 Jan 2015 14:16:46 +0000 http://siriusbuzz.com/?p=20925 → Read More]]>

1-30 super bowlSiriusXM, the Official Satellite Radio Partner of the NFL, has a long standing traditiuon of fantastic Super Bowl coverage.  The company offers up Super Bowl content from just about any language or perspective you can imagine.  On Sunday, February 1 (6:00 pm ET), SiriusXM will offer live coverage of Super Bowl XLIX from University of Phoenix Stadium in Glendale, AZ.

The various broadcasts are as follows:

  • New England Patriots team broadcast – Sirius 85 / XM 85 / Online 818
  • Seattle Seahawks team broadcast – Sirius 93 / XM 225 / Online 826
  • National radio broadcast – Sirius 88 / XM 88 / Online 88
  • Spanish language broadcast – Sirius 157 / XM 232 / Online 966
  • Hungarian broadcast – Sirius 136 / XM 231 / Online 965
  • Japanese broadcast – Sirius 138 / XM 227 / Online 961
  • French broadcast – Sirius 132 / XM 226 / Online 960
  • Portuguese broadcast – Sirius 134 / XM 230 / Online 964
  • Chinese broadcast – Sirius 135 / XM 229 / Online 963
  • German broadcast – Sirius 92 / XM 228 / Online 962

If you love the halftime show, you can that as well!  During the Pepsi Super Bowl XLIX Halftime Show, SiriusXM will offer listeners a broadcast of the on-field musical performance by Katy Perry with special guest performer Lenny Kravitz on SiriusXM Hits 1.

SiriusXM NFL Radio (channel 88) will broadcast live every day from the NFL’s Radio Row in downtown Phoenix, offering listeners the latest news and expert analysis, plus dozens of interviews with players, coaches, league executives and celebrities in town for the event.  SiriusXM NFL Radio features an unparalleled roster of hosts in town for the event that includes Gil Brandt, Tim Brown,Rich Gannon, Pat Kirwan, Jim Miller, Ross Tucker, Carl Banks, Takeo Spikes, Bob Papa, Alex Marvez, Bruce Murray, Howard Balzer and others.

In addition to SiriusXM NFL Radio’s coverage, subscribers will get special programming from SiriusXM’s other sports, entertainment and music channels throughout the weekend.  Go ahead, explore the dial.  This Super Bowl is anticipated to be the most watched television event in history, so it is highly likely the game will be talked about and discussed on many Sirius XM channels!  Stay Tuned!

 

 

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SiriusXM To Report Earnings http://siriusbuzz.com/siriusxm-to-report-earnings.php http://siriusbuzz.com/siriusxm-to-report-earnings.php#comments Mon, 26 Jan 2015 20:40:17 +0000 http://siriusbuzz.com/?p=20917 → Read More]]> quarterly resultsSiriusXM announced today that it plans to release full-year and fourth quarter 2014 financial and operating results on Thursday, February 5, 2015.  The company will host a conference call at 8:00 am ET on Thursday, February 5, to discuss these results.  The company had an impressive track record through the first three quarters of 2015, and with good auto sales in Q4 should have little trouble reporting a good close to the year.

SiriusXM has already announced that it has met or exceeded all guidance for 2014, so surprises are not really expected.  That being said, the company could be holding back a little information that could generate some buzz.  One item that the street will be curious on is how the share repurchase program is progressing.

The company typically reports earnings prior to the market opening, and this call is not an exception to that rule.  Analysts are expecting a profit of 2 cents per share on revenue of $1.08 billion.  The company reported a profit of 1 cent per share a year ago, so the headlines should serve nicely on a year over year comparison.  Stay Tuned!

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SiriusXM Passes Used Car Milestone http://siriusbuzz.com/siriusxm-passes-used-car-milestone.php http://siriusbuzz.com/siriusxm-passes-used-car-milestone.php#comments Fri, 23 Jan 2015 16:29:39 +0000 http://siriusbuzz.com/?p=20905 → Read More]]> cars_snow_5_1393423665SiriusXM today announced at the annual National Automobile Dealers Association Convention and Expo in San Francisco that it has surpassed 15,000 auto dealers enrolled in the SiriusXM Pre-Owned Program.  This program is designed to give SiriusXM another shot at activating satellite radio’s in used cars.  The program offers a free trial to buyers of these cars.

“The SiriusXM Pre-Owned Program launched in the summer of 2011, giving auto dealers the opportunity to provide subscriptions to all of their customers purchasing satellite equipped vehicles.  Major OEMs have supported the program with their franchise dealerships, and many of the nation’s top auto dealer groups have followed with 100% of their locations participating in the program,” said Joe Verbrugge, Senior Vice President and General Manager, Automotive Remarketing and Retail Sales, SiriusXM. “We are thrilled that there are now more than 15,000 dealers that have taken advantage of this no-cost program, giving their customers access to SiriusXM’s unparalleled lineup of commercial-free music, plus premier sports, comedy, news, exclusive talk and entertainment.”

Customers purchasing any pre-owned vehicle with a factory-installed satellite radio from a dealer enrolled in the SiriusXM Pre-Owned Program will receive a three-month subscription to SiriusXM’s “All Access” package.

In addition, the SiriusXM Service Lane program has surpassed 6,000 dealers enrolled since the program launched in 2013.  Dealers enrolled in Service Lane can provide a 2-month subscription to SiriusXM’s Select package to qualifying customers who have their satellite radio-equipped vehicles serviced.

The concept here is simple.  The company has already paid to install a satellite radio receiver into a car.  Subsequent owners of that car may be experiencing satellite radio for the first time.  The program gives a second, third, or even fourth life to the satellite radio.  New customers that come out of this program are very profitable because the cost side of the associated radio was absorbed previously.  SiriusXM has made a concerted effort in maximizing potential by tapping into this new pool of potential subscribers.

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December Auto Sales Close Out 2014 Strong http://siriusbuzz.com/december-auto-sales-close-out-2014-strong.php http://siriusbuzz.com/december-auto-sales-close-out-2014-strong.php#comments Fri, 09 Jan 2015 16:11:01 +0000 http://siriusbuzz.com/?p=20879 → Read More]]> 1-8 siri2Auto Sales in December of 2014 closed out the year strongly by bringing in sales of 1,502,505 units.  This is a decent jump from 1,354,000 units sold in December of 2013.  For the entire year auto sales came in at 16,437,067 units, more than 900,000 vehicles better than the numbers of the previous year.  As 2014 started there were bullish hopes that sales could get to 16.5 million.  While that target was not hit, sales levels were certainly in the ballpark.  December was the third best sales month in 2014.  The strongest month was August, and the second strongest month was March.

The mix of manufacturers as it relates to SiriusXM was interesting.  48.58% of the cars sold this year were from manufacturers that offer an unpaid satellite radio subscription.  Unpaid trials are not counted as subscribers while on the service, nor as de-activations if they do not keep the service.  If, after the trial, the consumer elects to keep SiriusXM, they are then counted as self-pay subscribers.

38.67% of the cars sold in 2014 were from manufactures that offer a paid trial to the service.  These cars are actually counted as subscribers when the vehicle is manufactured.  They will count as de-activations if they do not keep the service, and will transition from the category of subscribers in promotional periods to self pay subscribers if they keep SiriusXM.

The last category are manufacturers that count as subscribers when the consumer buys the car and is in a promotional period.  This category accounted for 12.76% of the cars sold in 2014.  These are counted as promotional subscribers during the free trial.  If they do not keep the service they are counted as a de-cativation.  If they keep SiriusXM, they shift to self-pay subscriber status.

1-8 siri1

As we shift into 2015, expectations are high.  Analysts are anticipating that sales could reach a 14 year high in 2015 with sales coming in at over 17 million vehicles.  Some analysts are even looking at numbers as high as 17.5 million.  This would bode very well for SiriusXM in that the company relies on new car sales in a big way to gain market penetration.  Stay Tuned!

 

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SiriusXM Adds Subscribers – Hits All Guidance Metrics http://siriusbuzz.com/siriusxm-adds-subscribers-hits-all-guidance-metrics.php http://siriusbuzz.com/siriusxm-adds-subscribers-hits-all-guidance-metrics.php#comments Wed, 07 Jan 2015 15:11:24 +0000 http://siriusbuzz.com/?p=20872 → Read More]]> up arrowSiriusXM has announced that it ended 2014 with 27.3 million subscribers, representing an addition of approximately 600,000 subscribers.  This represents 1.75 million net subscriber additions during the year, which exceeded the company’s increased guidance of 1.5 million net additions. Self-pay net additions in 2014 were 1.44 million, which exceeded the company’s 2014 guidance of 1.25 million and resulting in year-ending self-pay subscriptions of over 22.5 million.

In addition, and perhaps most important, the company also announced that it expects to exceed its 2014 guidance for revenue, adjusted EBITDA and free cash flow.  In essence, SiriusXM had a very successful 2014 on most every front.

“SiriusXM performed very well in 2014, exceeding our 2014 subscriber and financial guidance, even after pushing most of these targets higher during the year. With more people than ever subscribing to satellite radio, we expect the company’s strong performance to continue in 2015,” said Jim Meyer, SiriusXM’s Chief Executive Officer.

In addition to releasing this positive news, SiriusXM also issued 2015 guidance for net subscriber additions, revenue, adjusted EBITDA, and free cash flow:

  • Net subscriber additions of approximately 1.2 million,
  • Revenue of approximately $4.4 billion,
  • Adjusted EBITDA of approximately $1.6 billion, and
  • Free cash flow of approximately $1.25 billion.

In looking at the 2015 guidance, we can see that it is pretty close to what the company ultimately outlined for 2014:

  • Net self-pay subscriber additions of approximately 1.25 million,
  • Revenue of approximately $4.150 billion,
  • Adjusted EBITDA of approximately $1.425 billion, and
  • Free cash flow of approximately $1.120 billion.

In essence, the company is projecting more modest growth in certain areas than some may want to see, but we need to remember, we are looking at numbers in the billions.  SiriusXM is projecting $250 million more in revenue, about $175 million more in Adjusted EBITDA, and about $100 million more in Free Cash Flow.  These types of numbers can give investors confidence that the company can continue share buybacks or even look for buyout opportunities.

With the company essentially beating all metrics in 2014, the stage is set for a good year in 2015.  As a much more mature company now, SiriusXM is at a point where investors can be confident that numbers are being hit and that the business model remains not only sound, but robust as well.  The connected car, which was a fear that some had about SiriusXM, has not really created an issue for the company, and in fact, SiriusXM has embraced the technology and even added value to its business with services beyond radio.  Stay Tuned!

]]> http://siriusbuzz.com/siriusxm-adds-subscribers-hits-all-guidance-metrics.php/feed 2 Subaru Announces New Deal With SiriusXM http://siriusbuzz.com/subaru-announces-new-deal-with-siriusxm.php http://siriusbuzz.com/subaru-announces-new-deal-with-siriusxm.php#comments Mon, 05 Jan 2015 18:00:05 +0000 http://siriusbuzz.com/?p=20870 → Read More]]> 2012-Subaru-Impreza-ConceptSubaru of America, Inc. today announced agreements with Sirius XM Connected Vehicle Services Inc., a unit of Sirius XM, and AT&T to provide enhancements to its Subaru STARLINK in-vehicle connectivity system. The enhancements will deliver improved personal safety and security services to vehicle occupants via 4G LTE wireless connectivity.  For SiriusXM, this deal represents yet another step in creating more consumer products that go beyond satellite radio.

STARLINK is the Subaru in-vehicle platform that provides hands-free connectivity, entertainment and safety services to vehicle occupants. STARLINK, soon coming with built-in AT&T 4G LTE capability, will deliver features provided by Sirius XM Connected Vehicle Services including stolen vehicle recovery, automatic collision notification, remote vehicle services such as lock/unlock via a smartphone device and monthly diagnostic reports. STARLINK will be available in select 2016 model year Subaru vehicles starting later this year.

“Working with Subaru to provide a comprehensive suite of safety and security features to support Subaru drivers on the road, along with our critically-acclaimed audio entertainment service, strengthens our ongoing relationship with Subaru and its customers and makes the great experience of driving a Subaru even better,” said Rodney Pickett, Senior Vice President, Automotive Partnerships, Sirius XM.

SiriusXM has grown up a bit over the past couple of years.  The foundation of the company remains delivering audio content via satellite, but the company has the ability to deliver more.  With its unique satellite delivery platform and experience in deriving content to the dashboard, it was only a matter of time before SiriusXM would be viewed as an integral part of the connected car experience by auto makers as well.  SiriusXM has been working hard at remaining as relevant as possible in a world where connectivity is becoming standard.  The company is inking more and more extensive deals in the realm of the connected car.  Stay Tuned!

 

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SiriusXM and Volvo Make Traffic and Weather Service A 4 Year Deal http://siriusbuzz.com/siriusxm-and-volvo-make-traffic-and-weather-service-a-4-year-deal.php http://siriusbuzz.com/siriusxm-and-volvo-make-traffic-and-weather-service-a-4-year-deal.php#comments Fri, 19 Dec 2014 17:16:05 +0000 http://siriusbuzz.com/?p=20846 → Read More]]> 12-19 volvoSiriusXM and Volvo Cars of North America have announced that Volvo customers will automatically receive a 4-year subscription to SiriusXM Traffic and weather information when purchasing any new Model Year 2015.5 vehicle equipped with the latest generation of Volvo Sensus Connect, Volvo’s connected car platform.  The new deal could help SiriusXM in developing services beyond satellite radio.  Terms of the deal, and whether or not SiriusXM receives revenue from Volvo were not disclosed.

SiriusXM has offered these types of additional services for quite some time, though consumer traction has been slow to adopt.  The services have gained much more traction as a “value add” service through car makers.  In terms of the size and scope of this deal, Volvo sold 61,000 vehicles in 2013 and thus far in 2014 has sold 51,000.  Not all Volvo’s will have this system installed.

Volvo offers consumers a 6 month trial subscription in cars equipped with satellite radio.  Stay Tuned!

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Howard Stern Birthday Bash To Air “Director’s Cut” http://siriusbuzz.com/howard-stern-birthday-bash-to-air-directors-cut.php http://siriusbuzz.com/howard-stern-birthday-bash-to-air-directors-cut.php#comments Wed, 17 Dec 2014 14:24:04 +0000 http://siriusbuzz.com/?p=20840 → Read More]]> 12-16 birthday bashWhat do you do when you had a birthday bash so big that will likely never be repeated?  Relive it again the next year!  SiriusXM and Howard Stern have announced that  “The Howard Stern Birthday Bash: Director’s Cut” special will air on Howard 100 this Friday, December 19th.  The original bash was held in January of 2014 and featured a robust guest list, performances, and drama.  The bash supplied plenty of content, discussion, and fodder throughout the year.

This Friday, Stern fans will get to hear the top-level comedians, musicians, celebrities and Howard Stern characters once again.  “The Howard Stern Birthday Bash: Director’s Cut” special will feature commentary and behind the scenes stories from many of those performers and celebrities including Robert Downey Jr, Dave Grohl, Joan Rivers, Jimmy Kimmel, Adam Levine, Tracy Morgan, Jenny McCarthy, Sarah Silverman and more. The special will also feature an in depth look into the production of the Birthday Bash, from the initial idea, to the rehearsal, to the star studded after party and reflection immediately after the Birthday Bash.

“The Howard Stern Birthday Bash: Director’s Cut” will be paired with concerts from Howard Stern’s Birthday Bash guests, The Black Keys, recorded live in Houston, TX, Foo Fighters from New York City and Train from San Francisco.  Essentially fans get a bit of a holiday surprise from SiriusXM and Stern.

“Howard Stern’s Birthday Bash,” the live four-hour radio event, was broadcast on both of Howard Stern’s exclusive SiriusXM channels, Howard 100 and Howard 101, on January 31, 2014, from New York City’s Hammerstein Ballroom. The broadcast was hosted by Jimmy Kimmel and attracted a top-level lineup of celebrities, stars, and performers for a truly unique night of live comedy, music and entertainment. The celebration featured live music performances by Rob Zombie, The Black Keys, John Mayer, Jon Bon Jovi, Adam Levine, Train, Jewel, John Fogerty, Dave Grohl, Steven Tyler and Slash; a rare sit-down interview with David Letterman; appearances by George Takei, Jeff Probst, Joan Rivers, Jeffrey Ross, Kathy Griffin, Governor Chris Christie, Louis C.K., Katie Couric, Whoopi Goldberg, Bryan Cranston, Jimmy Fallon, Seth Meyers, Fred Armisen, Lena Dunham, Sarah Silverman and Natalie Maines, Rosie O’Donnell, John Stamos, Maria Menounos, Heidi Klum and Johnny Knoxville, and an audience of Howard Stern fans ranging from Robert Downey Jr. and Barbara Walters to Howard Stern’s “Wack Pack” members.

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Meet The Press Joins SiriusXM Line-Up http://siriusbuzz.com/meet-the-press-joins-siriusxm-line-up.php http://siriusbuzz.com/meet-the-press-joins-siriusxm-line-up.php#comments Wed, 17 Dec 2014 14:11:05 +0000 http://siriusbuzz.com/?p=20837 → Read More]]> 12-16 mtpMeet The Press, the iconic television show watched by millions on Sunday mornings is now available on SiriusXM.  Satellite Radio subscribers can catch the show in their cars and not miss a beat.  SiriusXM POTUS, channel 124, will be the home of the show, and it will air on Sundays at 10:00 am ET.  An afternoon re-broadcast of SiriusXM’s Meet the Press will also be available through the SiriusXM Internet Radio App on smartphones and other connected devices.

NBC News Political Director Chuck Todd is the backbone of Meet the Press, and the show is the networks flagship Sunday morning public affairs program.  Meet The Press is also longest-running broadcast in television history.   Each week, Todd hosts top political leaders, news-makers, and influential voices to discuss the major issues facing Americans and drive the debate in Washington and beyond.

Meet the Press is an institution for in-depth, robust analysis of politics and issues,” said Dave Gorab, Vice President and General Manager of Talk Programming, SiriusXM.  “We’re pleased that Chuck Todd and his weekly panel of our nation’s top political voices will now be available to SiriusXM listeners at home or on the go.”

Meet the Press has always been more than a TV show — it’s a tremendous brand that we hope is synonymous with the best of political debate on every platform, regardless of where or how you get your fix,” said Chuck Todd. “We’re thrilled to expand our reach and welcome the audience of SiriusXM listeners.”

Meet The Press aired for the first time on satellite radio this past Sunday, and will air each week to the thrill of both Meet The Press and SiriusXM fans.

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Can Old Lawsuit Help SiriusXM in New Lawsuit? http://siriusbuzz.com/can-old-lawsuit-help-siriusxm-in-new-lawsuit.php http://siriusbuzz.com/can-old-lawsuit-help-siriusxm-in-new-lawsuit.php#comments Mon, 08 Dec 2014 14:55:28 +0000 http://siriusbuzz.com/?p=20826 → Read More]]> 12-8 turtlesAs many readers know, SiriusXM has faced some legal setbacks recently with regard to pre-1972 music recordings.  The Turtles, authors of “Happy Together”, have sued the satellite radio provider in several states over royalties.  The current laws for royalties cover songs after 1972, leaving a loop hole of sorts in what happens with pre-1972 recordings.  The Turtles have had a small string of legal victories against SiriusXM, which have bolstered their case, and couold have implications on other services such as Pandora.

GigaOM’s Jeff John Roberts reports that SiriusXM may have an ace up its sleeve in the form of a decades old legal case involving the same issue.  His article is well wroth reading.  According to Roberts, SiriusXM is pinning  hopes on a case from 1940.  Apparently SiriusXM is asking a New York judge to use this particular case as a basis to reconsider her ruling last month.

Roberts sourced a legal website, Litigation Daily, which came to the opinion that SiriusXM believes that U.S. District Judge Colleen McMahon overlooked the significance of the legal battle and decision from nearly 75 years ago.  The 1940 ruling concluded that a radio station did not have to pay an orchestra band leader, in addition to the song composer, each time it played a recording of his performance.  Essentially the opinion was that state law should not let performers, once a phonograph was sold, control how and when it was played.

SiriusXM passes on royalty costs to consumers.  The implications might be that listening to satellite radio might get a bit more expensive.  Taking it a step further, if costs are deemed too high for consumers and business suffers, the company may need to re-think how many channels are dedicated pre-1972 content.  There is still a lot of moving parts in play.  Stay Tuned!

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