SiriusXM Reports Q4 and 2023 Full Year Financials
Satellite and digital broadcaster SiriusXM reports its operating results for the fourth quarter of 2023 and the full year of 2023. For Q4, the company reports total revenue was basically flat at $2.28 billion compared to the same period in 2022. For the full year of 2023, total revenue was $8.9 billion, down just a half percent from the full year of 2022. For Q4, SiriusXM reports net income of $350 million, a decline of 3.5% from Q4 of 2022. For the full year of 2023, net income was $1.25 billion, up 3.7% over the net
income of $1.21 billion reported for the full year of 2022. The company says, “SiriusXM added approximately 131,000 new self-pay subscribers in the fourth quarter of 2023. For the full-year 2023, self-pay subscribers decreased by 445,000 and we ended 2023 with approximately 34 million total subscribers.” SiriusXM CEO Jennifer Witz comments, “In 2023, SiriusXM laid the groundwork for future growth through the successful launch of our next-generation platform and the new SiriusXM app. Our commitment to growth was also demonstrated by strategic content investments that expanded our reach to new listeners and by staying true to our identity as a hub for curated, live and on-demand audio experiences. As we look to 2024, our guidance reflects substantial efforts and investments to enhance the value proposition of our subscription and advertising businesses, which we believe will strengthen our long-term growth profile.”

follows a multi-year advertising sales and production partnership between the two organizations. Terms were not announced. Crossover Media Group managing member Sue Freund states, “Throughout her more than four decades in talk radio and now podcasting, Dr. Laura has amassed an enormous following with her frank, direct, captivating style, which is sometimes provocative, always interesting and insightful, and never dull. After many years of working with her and her team at Take On The Day, we’re proud to expand our relationship and commitment to her programs, and to continue to grow our presence as a leading partner to the nation’s top audio-talk hosts.” Take On The Day LLC president Geoff Rich comments, “Crossover Media Group’s investment in Take On The Day adds so much to our ability to reach more listeners and help more sponsors. With Sue and her partners Ron Hartenbaum and Scott Calka joining the management team, we are supercharging the future of the Dr. Laura programming and brand.”
As The Beatles sang, “It’s been a long, cold, lonely winter.” ‘Still is, eh?
If you’ve been seeing CES coverage on network and cable newscasts this week, you’ve heard it called “the Consumer Electronics Show,” despite we-the-media being told not to. They want us to say “CES,” although, years ago, the Consumer Electronics Association changed its name to the Consumer Technology Association, not its first rebrand.
Dick Gregory once told me, ‘Don’t let fear get in the way.’ Thanks to early detection and proton treatment, my cancer went into remission for a long time. Unfortunately, earlier this year the cancer resurfaced. With the unwavering support of my wife Sherry, my family, and the incredible team at SiriusXM, I was able to continue our daily broadcasts. However, upon preparing to return from the Thanksgiving hiatus my health took an adverse turn, making it challenging to host a four-hour live show every day. Currently, I am taking time to focus on my well-being. During this time, SiriusXM will continue to air ‘Madison Classics’ at our regularly scheduled time. I am sincerely grateful for your outpouring of well wishes and support. Sherry and I are spending the holidays with our children and grandchildren. We ask for privacy during this period and extend our warmest wishes to you all for a blessed holiday season.”
that the company trains its agents to not take
his Salem News Channel TV show and SiriusXM radio show. Wilkow says, “The charities our team works with are low to no overhead organizations where every dollar donated goes directly to the cause of veterans from suicide prevention, to getting homeless veterans off the streets, to providing PTSD therapy dogs. What also makes this year unique is the added support from The Salem News Channel. Many of the charities made appearances on both Salem News Channel and SiriusXM Patriot.”
Books, 2022) by Dr. Murray Sabrin. The book has been an Amazon bestseller and a popular vehicle sparking conversations on political news/talk shows across America. Its author, Murray Sabrin, Ph.D. is emeritus professor of finance, Ramapo College of NJ. Dr. Sabrin – a prolific author – is considered a “public intellectual” for writing essays about the economy in scholarly and popular publications as well as being a prolific guest and “go-to” resource on hundreds of radio and TV talk shows and podcasts. According to publisher Michael Harrison, who wrote the book’s provocative foreword, “From Immigrant to Public Intellectual is a truly American story about an immigrant child’s rise from humble beginnings to forge a stellar career as an educator, author, candidate, and media influencer. Murray Sabrin explains libertarianism in plain language using his own life story set against a half-century of changing times. Talk show hosts have been tapping into this articulate scholar’s knowledge and views for more than three decades since his impressive third-party showing as the Libertarian candidate for Governor of New Jersey in 1997.” To learn more about Dr. Murray Sabrin please visit murraysabrin.com and murraysabrin.substack.com.
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.”
the Philadelphia Phillies to make the World Series – which they did – SiriusXM sports talk personality Chris “Mad Dog” Russo said on Wednesday’s “Howard Stern Show” that the retirement statement was a “throwaway line” and he would not retire. Stern then urged him to accept “punishment” in the form of a stunt: Russo would wear a Diamondbacks-themed bikini and walk down the street in Manhattan carrying a sign saying, “I am a liar and a dope.”
continue carrying FOX News Channel, FOX Business Network and FOX News Headlines 24/7 exclusively across SiriusXM’s platforms. Additionally, FOX News On-Demand Audio will remain available on the SiriusXM app. FOX News Media president and executive editor Jay Wallace says, “We value our relationship with SiriusXM and are pleased to extend our broadcast agreement, ensuring their audience continued access to their favorite FOX News personalities and powerful primetime lineup.”
nationwide via Stadium’s portfolio, WatchStadium.com/Live and Stadium affiliates YouTubeTV, The Roku Channel, FuboTV, Amazon, Samsung TV Plus, Tubi and more. Audacy also agrees to a deal with SiriusXM to air “You Better You Bet” on the satellite radio platform. BetQL Network VP Mitch Rosen says, “We’re thrilled to announce these strategic agreements with Stadium and SiriusXM, which will significantly expand the reach of ‘You Better You Bet,’ solidifying its position as the #1 sports betting podcast in the U.S.”
personality Mike Babchik. Amendolara has been hosting a program on CBS Sports Radio since 2017. SiriusXM VP of sports programming Eric Spitz states, “D.A. is one of the brightest stars in sports radio today. He delivers a terrific blend of informative and thoughtful sports talk with creative, entertaining humor, which is what our listeners are looking for as they start their day. He and Babs will make a dynamic team as they lead off our programming each morning.”