Industry News

SiriusXM Q3 Revenue Flat

The third quarter 2023 revenue for SiriusXM was $2.27 billion, basically flat from the same period in 2022. The satellite and internet broadcaster reports net income of $363 million for the quarter. SiriusXMim noted that it lost about 96,000 self-pay subscribers during the quarter and states that its current total subscribers stands at 34 million. SiriusXM CEO Jennifer Witz says, “We are very excited to unveil SiriusXM’s next-generation platform on November 8th, a key component of our long-term vision for the company’s consumer offerings. Our content portfolio continues to differentiate us in the audio marketplace with exclusive access to live sports, talk, music and one-of-a-kind content.”