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Hosted on MSN · 2h

Big Changes for SiriusXM Underway to Pivot Away From Streaming

SiriusXM has detailed some big changes that are coming for its strategic focus, shifting away from trying to capture streaming audiences to focusing on its core business—auto listeners. SiriusXM says it is doubling down on its core automotive subscriber segment,

YAHOO!Finance · 1d

SiriusXM Shake-Up: $200M in Cost Cuts, Pivot Away From Streaming

The company will also move its marketing and other resources away from “high-cost, high-churn audiences in streaming."

SiriusXM to Cut $200 Million in Costs, Pivot Resources Away From Streaming

The satellite and online radio provider's chief product and technology officer Joseph Inzerillo is also stepping down

Radio & Internet News · 12h

Streaming demoted in SiriusXM business plan

SiriusXM has released an updated strategic plan. We hear about "marketplace headwinds," and learn that streaming is demoted as a business priority. Continue Reading →

Deadline on MSN · 1d

SiriusXM Plans $200M In Cost Cuts In Pullback From Streaming, "Doubling Down" On Core Auto Market; Stock Tumbles 10% On Revenue Outlook

Satellite audio firm SiriusXM is aiming to trim costs by $200 million in 2025 as it shifts away from streaming and refocuses on its core automotive market. The news, announced in a press release, follows efforts in 2023 and 2024 to achieve about $350 million in cost savings.

1d

SiriusXM Expects Revenue to Decline in 2025

With a series of signatures Thursday, Gov. Jeff Landry endorsed the most dramatic overhaul of Louisiana’s tax framework in 50 ...

SiriusXM Shifts Focus Back to Cars, Ending App Streaming Push

The SiriusXM streaming-focused strategy to capture new - and ideally younger - subscribers appears to have fallen flat after ...

SiriusXM refocuses on in-car customers after streaming expansion

Discover how SiriusXM is refocusing on in-car satellite-radio customers to increase retention and capture growth opportunities.

1d

SiriusXM Shares Crash 9%--New Plan Bets Big on Cars, Cost Cuts, and Shareholder Rewards

Disappointing revenue forecast shakes investors, but SiriusXM doubles down on in-car dominance and aggressive efficiency ...

CelebrityAccess1d

SiriusXM Announces Executive Shakeup As The Company Refocuses On Its Core Business

Sirius XM Holdings announced the appointment of Wayne D. Thorsen as Executive Vice President and to the newly created role of ...

SiriusXM Secures Former ADT Exec Wayne Thorsen as COO

SiriusXM has announced the appointment of Wayne Thorsen as Executive Vice President and Chief Operating Officer, beginning6.

1d

SiriusXM Hires ADT Executive for New COO Role

SiriusXM has hired a former executive of ADT for the newly created role of chief operating officer as another member of the C-suite departs.

Hosted on MSN22h

SiriusXM’s ‘Auto Trends’ Talks to the Only Black Executive to Manage A $3.5 Billion Car Ad Budget

With DEI being such a lightning rod in schools of higher learning and corporate America these days, it’s no coincidence ...

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