Sirius XM Holdings’ Soundness Beaming Wider
Sirius XM Holdings Inc. (NASDAQ: SIRI), http://wall-street.com/stockquote/?symbol=siri the world’s largest radio company in terms of revenue, is not only attracting paying listeners but also artists who make its rich programming even more engaging. Nearly half a million new subscribers signed up in the first quarter to get the company’s commercial-free music, news, sportscast, talkshows and other entertainment delivered via satellite 24/7 to bring the number of its users to 30 million. Subsidiary SiriusXM Canada has approximately 2.7 million subscribers.
Do You like Country and Garth Brooks
Sirius XM is even drawing the likes of country music icon Garth Brooks, who is launching his own program in its SiriusXM Channel to bring his songs, live recordings and commentaries to legions of fans. The Garth Channel http://www.siriusxm.com/ airing on Sept. 8 is also Brooks’ planned bridge to Apple iTunes or streaming platform Spotify, https://www.spotify.com/ where songs of America’s best-selling solo artist of all time are not available.
SiriusXM’s drawing power reverbs on the trading floor as its shares are bullish after a 5 percent rise in the last four weeks. The average volume of trading is more than 68.7 million shares. Meanwhile, the company’s gross revenue in 2015 was $4.5 billion with a net income of $509.7 million. Earnings per share is up 11 percent for the year. The projected EPS growth for the next five years is 22.83 percent and in the next year, 28 percent.
SiriusXM Radio has 175 Channels
Driving the vigorous trading of SIRI shares are the company’s unique service. SiriusXM Radio has 175 channels that streams music, news, sports talks, entertainment, comedy, live events, Latin programs and many more. Traffic, weather and information are accessible through the apps SiriusXM Traffic, SiriusXM Travel Link, NavTraffic and NavWeather. The same can be delivered to aircraft and boats through SiriusXM Aviation, SiriusXM Marine, Sirius Marine Weather, XMWX Aviation, XMWX Weather, and XMWX Marine.
The company continues to add new content, renew key content assets, and strengthen its excellent relationship with OEMs. The satellite radio service is incorporated in 75 percent of all new cars that were sold in the United States, according to CEO James E. Meyer. The percentage makes for approximately 85 million satellite radio enabled cars in operation in the country.
More to Offer Than just Music on the Radio
Sirius XM is even drawing the likes of country music icon Garth Brooks, who is launching his own program in its SiriusXM Channel to bring his songs, live recordings and commentaries to legions of fans. The Garth Channel airing on Sept. 8 is also Brooks’ planned bridge to Apple iTunes or streaming platform Spotify, where songs of America’s best-selling solo artist of all time are not available.
Listen Anywhere Any Time with Sirius
Satellites, terrestrial repeaters, and other satellite facilities; studios; and radios allow Sirius XM Radio subscribers to listen anywhere: in the car, at home or the office, on a computer, on a smartphone, on a tablet, and online at siriusxm.com. SiriusXM is available in vehicles from every major car company in the U.S. SiriusXM also provides major automakers a suite of safety, security, and convenience services so motorists can subscribe for automatic crash notification, stolen vehicle recovery assistance, enhanced roadside assistance and turn-by-turn navigation. There are SiriusXM satellite and Internet radios and accessories available from retailers and website of the New York-based company.
Favorite Episodes On Demand
Favorite episodes can be listened to on-demand and music can be mixed for customized entertainment. An enhanced search and categories easily find channels, shows, episodes and more. There is a setting for tracking favorite show to avoid missing episodes. Subscribers can also share online with friends what they are listening to.Terrestrial radio, which provides free but ad-supported audio content, remains the largest competitor of Sirius XM. Meyer promised to invest in content and technology, including embedding 185 million cars over the next decade, to stay competitive and sustain capital returns.