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  • Canadian Live Music Association & Canadian Music Week

    2024 Live Music Industry Awards

    Tuesday, June 4, 2024
    Awards Show. 5:00PM -7:00PM
    Frontenac Ballroom (across from Westin Harbour Castle Hotel)

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    SiriusXM Radio Surpasses 25 Million Subscribers, Raises Full-Year Target

    SiriusXM Radio said Tuesday that it added 715,000 net new subscribers in the second quarter, bringing its total subscriber base to more than 25 million as of mid-year.

    The satellite radio firm controlled by John Malone’s Liberty Media, said that was a new quarterly record for the time since the Sirius-XM merger.

    In comparison, Netflix had ended the first quarter with 29.17 million U.S. subscribers, and cable giant Comcast had reported 21.94 million video and 51.9 million total customers.

    “Strong automotive sales helped drive 15 percent growth in net additions over the second quarter of 2012 and set a post-merger record for quarterly net subscriber additions,” it said.

    Read the full story: Billboard