Posts filtered by tags: SiriusXM[x]


 

Why Spotify Isn't Simply A Music Company [Cherie Hu]

In this piece Cherie Hu looks at how Spotify's major investments in third party licensing deals and original podcast development are validating investor predictions and causing it to become the Netflix of audio while potentially putting its brand at risk. ____________________________________ Guest post by Cherie Hu on Medium On October 28, 2018, as I was on Spotify’s mobile app searching for a certain music playlist I had made for myself, I received the following, unsolicite...
Tags: Apple, Amazon, Spotify, Music, Hbo, New York, London, Amy Schumer, Disney, Syfy, Bbc, Netflix, Pandora, Guest Post, EK, Npr


Pandora and SiriusXM’s partnership has made a music powerhourse

SiriusXM and Pandora have joined together to become the largest audio entertainment company in the world. On the 1st February SiriusXM completed their acquisition of Pandora, a deal agreed in September and approved in November. Combining Pandora’s streaming services and SiriusXM’s exclusive content and programming together they now reach over 100 million listeners between both platforms. Together they have created the world’s largest audio entertainment company. They hope that together ...
Tags: Music, Pandora, Streaming, Sirius Xm, North America, Partnership, Digital Music News, Music Stores, Digital Music, Jim Meyer, SiriusXM, Sites Actually Worth Checking Out


Pandora-powered channels will come to SiriusXM’s app this year

SiriusXM this week offered a few more details on how it plans to leverage its newest asset, Pandora, following its $3.5 billion acquisition of the streaming music service last year, which officially closes on Friday. At the time of the deal, the company spoke about the potential for cross-promotion opportunities between the services and new subscription packages. Now, those efforts are getting off the ground — starting with a promotion within the Pandora app for SiriusXM subscriptions, follow...
Tags: Mobile, Music, Media, Tech, Pandora, Radio, Mergers, Streaming, Streaming Music, Meyer, North America, Sirius, Roger Lynch, Naveen Chopra, SiriusXM, James Meyer


SiriusXM Reports Record Revenue, 34 Million Subscribers

SiriusXM reported record earnings for both Q4 and for the full year of 2018, with revenue of $1.5 billion and $5.8 billion respectively. The satellite broadcaster added a net of 346,000 subscribers in Q4,  ending it with 34 million plus. The company’s fourth-quarter results were similarly solid, with net income that totaled $251 million in the fourth quarter, compared to $ a loss of 37 million in the prior year period, while full-year 2018 net income grew 81% to a record $1.2 billion. Ad...
Tags: Music, Pandora, Musicians, Music Business, Music Tech, Broadcast & Satellite, Musician, Bruce Houghton, Company, EBITDA, David Frear, Jim Meyer, SiriusXM, Pandora CEO Roger Lynch


SiriusXM Posts Record Revenue, CEO Talks Pandora Merger

SiriusXM announced fourth quarter and full-year 2018 operating and financial results in an earnings call Wednesday morning, including record revenue of $1.5 billion and $5.8 billion, respectively, increasing 7% and 6% compared to the prior year periods. Sirius CEO Jim Meyer (pictured) and CFO David Frear also discussed the company’s plans for Pandora, which it […]
Tags: News, Pandora, Sirius, Roger Lynch, David Frear, Jim Meyer, SiriusXM


Several top Pandora executives, including CEO Roger Lynch, will leave after its acquisition by SiriusXM

Pandora announced today that shareholders have approved its $3.5 billion acquisition by SiriusXM. After the transaction closes, several key Pandora executives will leave, including CEO Roger Lynch, general counsel Steve Bene, CFO Naveen Chopra, and chief human resources officer Kristen Robinson. SiriusXM CEO Jim Meyer will lead the combined company. Pandora and SiriusXM announced the proposed acquisition last September, with SiriusXM offering to pay $3.5 billion in stock, or $10.14 per share,...
Tags: Fundings & Exits, TC, Music, Media, Entertainment, Tech, Pandora, Streaming, North America, Roger Lynch, Naveen Chopra, Jim Meyer, SiriusXM, Pandora Sirius, Steve Bene, Kristen Robinson


SiriusXM Paid Subscribers Top 34 Million

SiriusXM has added approximately 1.3 million net subscribers to end 2018 with for 34 million total paid subscribers, including those that come with new car sales and from other sources. Shares rose 2.09% in pre-market trading Wednesday. Looking at just self pay subscribers, the satellite broadcaster added 1.4 million self-pay to finish 2018 with approximately 28.9 million self-pay subscribers, exceeding the company's initial 2018 guidance by approximately 40%. The company also announc...
Tags: Music, Pandora, Streaming, Pandora Media, Music Tech, Broadcast & Satellite, Bruce Houghton, EBITDA, Jim Meyer, SiriusXM, Steaming


Meet Go Country’s Saul Levine, Los Angeles’ Last Radio Pioneer Who’s 405-Famous

The name Saul Levine might not ring a bell, but anyone who’s driven on the 405 between Wilshire and Santa Monica Blvd. has undoubtedly seen the billboard for his KKGO Go Country 105 radio station, which sits atop the headquarters of Mount Wilson FM Broadcasters, Inc. (named after the local peak where he built his […]
Tags: News, Los Angeles, Wilshire, Santa Monica Blvd, SiriusXM, Emmis Communications, Saul Levine, There Will Be Blood, Mount Wilson FM Broadcasters Inc


Pandora Names Jason Roth Head of Product and Partnership Communications

Pandora has named veteran music/technology communications exec Jason Roth as its new Head of Product and Partnership Communications, based at the company’s Oakland headquarters. Roth, who starts this week, will report to Pandora’s newly-hired VP of Brand and Communications, Brad Minor, who comes via senior branding roles at JP Morgan Chase & Co. and American […]
Tags: Spotify, News, Itunes, Pandora, Oakland, Capitol, Roth, JP Morgan Chase Co, SiriusXM, Jason Roth, Head of Product and Partnership Communications, VP of Brand and Communications Brad Minor


MON. BRIEF: Soundcloud Monetization Slammed • Impala Battles Sony EMI • Live Music Tops 30B • SiriusXM • More

MONDAY 10.29. 18 Music Business News From Around The Web Updated continuously under the More News tab [Author: Bruce Houghton]
Tags: Music, Sony, Soundcloud, Music Business, Music Tech, Bruce Houghton, SiriusXM, Music Business News


AM BRIEF: Soundcloud Monetization Slammed • Impala Battles Sony EMI • Live Music Tops 30B • SiriusXM • More

MONDAY 10.29. 18 Music Business News From Around The Web Updated continuously under the More News tab [Author: Bruce Houghton]
Tags: Music, Sony, Soundcloud, Music Business, Music Tech, Bruce Houghton, SiriusXM, Music Business News


SiriusXM Makes In Home Play With Amazon Partnership

Satellite broadcaster SiriusXM signaled a push beyond the vehicle market into the home and on mobile this week with a new Amazon partnership.  Amazon Echo owners can get three free months of SiriusXM and those who sign up for a new SiriusXM All Access or SiriusXM Premier subscription get a free Echo Dot. Current customers who upgrade from SiriusXM Select to Sirius XM All Access will also receive an Echo Dot for free. Commenting on the new partnership, Jeff Kunins, Vice President, Alexa En...
Tags: Amazon, Music, Streaming, Amazon Echo, Alexa, Music Tech, Sirius, Broadcast & Satellite, Bruce Houghton, Jim Meyer, SiriusXM, Amazon Partnership, Jeff Kunins


FRI. BRIEF: Ticketmaster Buys Into Blockchain • SoundCloud + Dubset • Amazon Echo Adds SiriusXM • More

FRIDAY 10.19. 18 Music Business News From Around The Web Updated continuously under the More News tab [Author: Bruce Houghton]
Tags: Music, Soundcloud, Ticketmaster, Music Business, Music Tech, Bruce Houghton, SiriusXM


SiriusXM, Amazon team up for two Echo Dot deals with freebies

Amazon and SiriusXM partnered on two joint promotions. New SiriusXM subscribers can receive a free Amazon Echo Dot. People who already own an Echo device can sign up for new SiriusXM subscription with the first three months free. The post SiriusXM, Amazon team up for two Echo Dot deals with freebies appeared first on Digital Trends.
Tags: Amazon, Business, News, Trends, Home Theater, Smart Home, SiriusXM, Echo Dot, SiriusXM Amazon


SiriusXM, Amazon team up with two Echo Dot deals with freebies

Amazon and SiriusXM partnered on two joint promotions. New SiriusXM subscribers can receive a free Amazon Echo Dot. People who already own an Echo device can sign up for new SiriusXM subscription with the first three months free. The post SiriusXM, Amazon team up with two Echo Dot deals with freebies appeared first on Digital Trends.
Tags: Amazon, Business, News, Trends, Home Theater, Smart Home, SiriusXM, Echo Dot, SiriusXM Amazon


Here Is Why SiriusXM Pandora Deal Makes Sense

It's been a minute since SiriusXM bought up streaming service Pandora, a purchase decision which should greatly benefit the satellite streamer in a number of areas. including making it the worlds biggest audio entertainment company.  _________________________________ Guest post by Bobby Owsinski of Music 3.0 Now that some of the dust has settled on SiriusXM’s $3.5 billion acquisition of streaming service Pandora, things have become a little clearer on why the deal makes sense for bot...
Tags: Spotify, Music, Australia, Pandora, Guest Post, New Zealand, Streaming, Music Business, Sirius, Broadcast & Satellite, Bobby Owsinski, The World, SiriusXM


Distorted to produce radio show for SiriusXM

UK independent production company Distorted is celebrating a new partnership which will see one of its programmes aired on SiriusXM in the States. Presenter Joel Zimmerman, aka deadmau5, has launched his own international show, presented in Canada and produced in Leeds. It is also broadcast on radio stations around the world and uploaded to Mixcloud. deadmau5 has produced 8 studio albums, 47 singles, and is the multi-million selling artist behind dance anthems like Ghosts & Stuff, Hi Friend, ...
Tags: UK, International News, Radio, Canada, Deadmau5, States, Leeds, Joel Zimmerman, SiriusXM, Production News, Distorted, Monophobia


SiriusXM Will Buy Live Nation, says Analyst

Analyst Brandon Ross joined other analysts in recent months in suggesting that this week's SiriusXM purchase of Pandora is part of a bigger plan, with Live Nation the next company on the list. “This transaction is likely the first of multiple deals involving SiriusXM, particularly as the all-stock nature of the Pandora acquisition did nothing to address Sirius’ growing access to cash,” BTIG analyst Brandon Ross wrote, according to MarketWatch. “We continue to believe Sirius’ controllin...
Tags: Music, Pandora, Live Nation, Meyer, Ross, Marketwatch, Music Business, Sirius, Broadcast & Satellite, Bruce Houghton, Brandon Ross, BTIG, Liberty Media, Jim Meyer, SiriusXM, Greg Maffei


TUE. BRIEF: Inside SiriusXM + Pandora • Apple Cancels Dr Dre • Instagram Founders Exit • More

TUESDAY 9.25. 18 Music Business News From Around The Web Updated continuously under the More News tab [Author: Bruce Houghton]
Tags: Apple, Music, Instagram, Pandora, Dr Dre, Music Business, Music Tech, Bruce Houghton, SiriusXM


What Does a Two-Headed SiriusXM/Pandora Giant Mean for the Radio Industry?

SiriusXM’s $3.5 acquisition of Pandora, announced Monday and still awaiting stockholder approval, creates an audio monolith with more than 100 million monthly listeners, but even more importantly establishes a beachhead for the combined company against the likes of Apple, Spotify and Amazon for connected car dashboard supremacy. With in-car listening the dominant factor in audio broadcast […]
Tags: Amazon, News, Pandora, Pandora Radio, Liberty Media, SiriusXM, Apple Spotify


AM BRIEF: Inside SiriusXM + Pandora • Apple Cancels Dr Dre • Instagram Founders Exit • More

TUESDAY 9.25. 18 Music Business News From Around The Web Updated continuously under the More News tab [Author: Bruce Houghton]
Tags: Apple, Music, Instagram, Pandora, Dr Dre, Music Business, Music Tech, Bruce Houghton, SiriusXM


SiriusXM Purchases Pandora For A Whole HEAP Of Money

The two companies have officially tied the knot.
Tags: News, Pandora, Jazz, SiriusXM


SiriusXM’s $3.5 billion purchase of Pandora just might be music to our ears

SiriusXM is aiming to expand its customer base beyond those listening in the car through a $3.5 billion deal that will see it acquiring streaming service Pandora, in which it already owns a 16 percent stake. The post SiriusXM’s $3.5 billion purchase of Pandora just might be music to our ears appeared first on Digital Trends.
Tags: News, Trends, Pandora, Home Theater, SiriusXM


Sirius XM to buy Pandora for $3.5 billion

US satellite radio company SiriusXM is planning to acquire music streaming service Pandora in a $3.5 billion all-stock deal. A statement posted online today says the action will create the world’s largest audio entertainment company: “Together, we will deliver even more of the best content on radio to our passionate and loyal listeners, and to new listeners, across our two platforms. “SiriusXM and Pandora are continuing to provide the content, products and services you expect from us.” The mo...
Tags: Top, US, International News, Industry, Netflix, Pandora, Radio, Sirius Xm, Howard Stern, North America, Alerts, SiriusXM


SiriusXM to Acquire Pandora in $3.5 Billion Deal

SiriusXM will acquire Pandora in an all-stock transaction valued at approximately $3.5 billion, the companies announced Monday morning. According to the announcement, the deal will create the world’s largest audio entertainment company, with more than $7 billion in expected revenue in 2018. It also moves SiriusXM and its parent company, Liberty Media, aggressively into the […]
Tags: News, Pandora, Liberty Media, SiriusXM


SiriusXM to buy Pandora streaming radio service for $3.5 billion

On-demand audio continues to shake up the radio business as SiriusXM said it reached a deal to acquire online streaming service Pandora Media.            [Author: USA TODAY]
Tags: Usa, News, Pandora, Usa Today, Pandora Media, SiriusXM


SiriusXM To Acquire Pandora

In a blockbuster deal sure to shake up car audio, SiriusXM announced on Monday that it will acquire Pandora in an all-stock transaction valued at $3.5 billion, creating an industry leading digital audio company with excess of $7 billion in expected pro-forma revenue this year. The companies said both popular services and brands -- SiriusXM's … More »
Tags: Music, News, Pandora, SiriusXM


SiriusXM is Gobbling Up Pandora for Just $3.5 Billion

It was announced this morning that SiriusXM will acquire music streaming service Pandora in a deal worth $3.5 billion. SiriusXM is touting the acquisition as the creation of the world’s largest audio entertainment company.Read more...
Tags: Spotify, Science, Pandora, Streaming Music, SiriusXM


SiriusXM to acquire Pandora streaming radio service for $3.5 billion

On-demand audio continues to shake up the radio business as SiriusXM said it had reached a deal to acquire online streaming service Pandora Media.            [Author: USA TODAY]
Tags: Usa, News, Pandora, Usa Today, Pandora Media, SiriusXM


SiriusXM to acquire Pandora for $3.5 billion

SiriusXM and Pandora have announced acquisition plans before the stock market opens. SiriusXM is offering to acquire Pandora for $3.5 billion in stock, or $10.14 per share. Pandora would continue to exist as an independent service. For Pandora shareholders, this offer represents a 13.8 percent premium over the volume-weighted average share price of the past 30 days. Both the Pandora board and the SiriusXM board have approved the plan. But the transaction isn’t going to happen right away. As p...
Tags: Fundings & Exits, TC, Spotify, Media, Entertainment, Tech, Pandora, SiriusXM