SiriusXM Revenue Up Slightly to $2 Billion, Pandora Recovers in Virus-Impacted Q3

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.SIRIUSXM released its third-quarter 2020 financial results, showing little effects from the COVID-19 pandemic.

• SatelliteOne of the biggest questions going into Thursday's earnings results was, whose five-year contract with SiriusXM ends this year. Judging from outgoing CEO's comments, SiriusXM has a good chance of signing Stern to a new contract. Meyer said the two sides have had"very strong" and"very productive" conversations, and he is"very confident" the two sides will consummate a deal"shortly.

News reports said Stern is asking for $120 million per year. Although Meyer did not say what Stern is asking for, he said both sides are"happy" with the economics of a"long-term arrangement." Stern is worth $120 million per year if just 1.07 million of SiriusXM's 34.4 million subscribers leave in his absence,

 

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SIRIUSXM If it wasn’t for my SIRIUSXM during covid I would have definitely gone insane...

SIRIUSXM SIGN HowardStern sternshow !!!

SIRIUSXM oh

SIRIUSXM

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