SiriusXM Reports Double-Digit Profit Growth Driven by Subscription Hikes

SiriusXM announced double-digit profit growth, attributed to increased subscription prices and strong advertising revenue from Pandora, while declining to comment on iHeart Radio acquisition rumors.

30 Apr, 18:53 — 30 Apr, 18:53

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billboardMostly Factual121d ago

SiriusXM Posts Double-Digit Profit Growth on Subscription Price Hikes, Pandora’s Ad Revenue

The audio entertainment company discussed improved customer retention with companion plans and advertising 'momentum,' but declined to address market speculation that it may acquire iHeart Radio.

By Elizabeth Dilts Marshall

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SiriusXM Reports Double-Digit Profit Growth Driven by Subscription Hikes

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SiriusXM Posts Double-Digit Profit Growth on Subscription Price Hikes, Pandora’s Ad Revenue

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