Photo Credit: Bill Norton / CC by 2.0 15 years after initially signing with SiriusXM – and following months of much-publicized negotiations as well as a rumored play from Spotify – Howard Stern has inked a new contract. SiriusXM unveiled its just-finalized deal with Howard Stern today, in a formal release, following an on-air announcement […]
Tag: Satellite Radio
SiriusXM Is Close to Renewing Howard Stern’s Contract, CEO Says
Photo Credit: Bill Norton / CC by 2.0 After months of contractual negotiations between SiriusXM and Howard Stern – as well as rumors that Spotify would make a play for the veteran radio jock – the two are close to finalizing a new deal, according to CEO Jim Meyer. Meyer, who is set to retire […]
The Michael Jackson Channel Launches Today on SiriusXM for a Limited Time
Photo Credit: SiriusXM SiriusXM is launching a Michael Jackson channel in partnership with the late pop singer’s Estate. The new Michael Jackson channel goes live today, along with a few other artist channels. Beastie Boys, Bob Marley, and Coldplay channels will all feature their music and guest DJs. Jackson’s channel will feature his albums and […]
SiriusXM Radio Is Officially Buying Stitcher In $325 Million Deal
SiriusXM is set to acquire San Francisco-based podcasting platform Stitcher in a $325 million deal. SiriusXM confirmed the rumored buyout this morning, in an official release. The high-profile deal arrives as leading music streaming service Spotify continues to ride a wave of stock-market growth that began in May, when comedian and UFC commentator Joe Rogan […]
Despite Blackface Videos, Sirius XM Plans to Renew Howard Stern’s Contract
Still from a resurfaced video of Howard Stern portraying Ted Danson while wearing blackface in 1994. Despite the resurfacing of multiple videos of Howard Stern appearing in blackface while using the n-word, Sirius XM’s CEO has expressed strong interest in renewing its contract with the radio veteran. Despite considerable outrage over a resurfaced video showing […]
SiriusXM Announces $1.5 Billion Debt Offering to Counter Coronavirus Ad Drops
Satellite radio mainstay SiriusXM has announced that it will issue $1.5 billion in senior secured notes as part of an effort to offset a coronavirus-fueled drop in ad revenue. SiriusXM revealed the debt offering in a series of press releases, which were shared with Digital Music News. The New York City-based brand laid out the […]
SiriusXM Loses 143,000 Net Subscribers During the First Quarter
Despite the economic strain of the coronavirus (COVID-19) crisis and the loss of 143,000 net subscribers, SiriusXM turned in a strong financial performance during 2020’s first quarter. Today, SiriusXM officials revealed their company’s Q1 2020 fiscal data in an earnings report, which was shared with Digital Music News. The New York City-based radio brand added […]
SiriusXM CEO James Meyer Paid $18.8 Million In 2019
SiriusXM CEO James Meyer earned $18.8 million in 2019, and other SiriusXM executives also took home multimillion-dollar salaries. The earnings information was revealed in an SEC filing, which was shared with Digital Music News. Meyer’s “annual total compensation” during 2019 was exactly $18,778,831, according to the SEC document; he took home about $17.6 million in […]
SiriusXM Is Going Big on Premium Concert Re-Broadcasts — U2, Lady Gaga, Billie Eilish Shows On the Slate
On-demand music is obviously huge. But what about on-demand concerts? Now, SiriusXM plans to test that question by replaying exclusive concerts throughout March —including Billie Eilish and Lady Gaga performances. The paid-only satellite platform is hoping to extend the life of concerts that they’ve sponsored during the last decade. Beginning on March 9th, SiriusXM will […]