NEW YORK, April 19, 2022 /PRNewswire/ — SiriusXM today introduced that its Board of Administrators declared a regular quarterly income dividend of $.0219615 for each share of prevalent stock, payable in dollars on May 25, 2022, to stockholders of record at the shut of business on May perhaps 6, 2022.
Sirius XM Holdings Inc. (NASDAQ: SIRI) is the top audio entertainment enterprise in North America, and the leading programmer and platform for subscription and digital advertising-supported audio items. SiriusXM’s platforms collectively arrive at close to 150 million listeners, the major electronic audio audience across paid out and absolutely free tiers in North The united states, and deliver audio, athletics, speak, information, comedy, leisure and podcasts. Pandora, a subsidiary of SiriusXM, is the major advert-supported audio entertainment streaming services in the U.S. SiriusXM’s subsidiaries Stitcher, Simplecast and AdsWizz make it a leader in podcast internet hosting, output, distribution, analytics and monetization. The Company’s advertising income arm, SXM Media, leverages its scale, cross-platform profits business, and advert tech abilities to produce benefits for audio creators and advertisers. SiriusXM, by Sirius XM Canada Holdings, Inc., also offers satellite radio and audio enjoyment in Canada. In addition to its audio leisure companies, SiriusXM features related motor vehicle companies to automakers. For much more about SiriusXM, you should go to: www.siriusxm.com.
This interaction consists of “ahead-looking statements” inside of the that means of the Non-public Securities Litigation Reform Act of 1995. Such statements contain, but are not minimal to, statements about potential monetary and functioning benefits, our plans, goals, anticipations and intentions with regard to foreseeable future operations, merchandise and companies and other statements identified by words and phrases this kind of as “will probable outcome,” “are predicted to,” “will carry on,” “is anticipated,” “estimated,” “think,” “intend,” “approach,” “projection,” “outlook” or words of equivalent this means. Such ahead-on the lookout statements are dependent on the recent beliefs and expectations of our management and are inherently topic to major business, economic and competitive uncertainties and contingencies, quite a few of which are challenging to forecast and commonly past our control. True results and the timing of functions may well vary materially from the outcomes expected in these forward-hunting statements.
The following factors, between many others, could induce genuine final results and the timing of events to vary materially from the expected success or other expectations expressed in the forward-wanting statements: we have been, and may well carry on to be, adversely influenced by supply chain challenges as a result of the worldwide semiconductor provide shortage the ongoing COVID-19 pandemic has released important uncertainty to our business we confront sizeable competitors and that level of competition is probably to increase above time if our efforts to catch the attention of and keep subscribers and listeners, or transform listeners into subscribers, are not profitable, our business will be adversely affected we have interaction in comprehensive marketing attempts and the continued performance of individuals initiatives is an critical part of our business we count on third parties for the operation of our business, and the failure of third parties to accomplish could adversely impact our business we may perhaps not know the gains of acquisitions and other strategic investments and initiatives a substantial quantity of our Sirius XM provider subscribers periodically cancel their subscriptions and we cannot predict how successful we will be at retaining prospects our potential to profitably bring in and retain subscribers to our Sirius XM assistance as our marketing efforts access much more rate-sensitive buyers is uncertain our business depends in aspect on the automobile business failure of our satellites would noticeably problems our business our Sirius XM support may possibly experience hazardous interference from wireless operations our Pandora advert-supported business has endured a sizeable and regular reduction of month-to-month energetic people, which could adversely influence our Pandora business our failure to persuade advertisers of the benefits of our Pandora advert-supported assistance could damage our business if we are unable to maintain income development from our advertising goods our results of operations will be adversely influenced adjustments in cellular operating programs and browsers could hinder our means to market advertising and marketplace our products and services if we fall short to properly forecast and enjoy tunes, comedy or other content material that our Pandora listeners delight in, we may are unsuccessful to keep present and attract new listeners privacy and data stability legislation and laws could hinder our capability to market our solutions, sell advertising and impose legal liabilities purchaser protection rules and our failure to comply with them could destruction our business failure to comply with FCC necessities could injury our business if we fall short to safeguard the safety of own information about our customers, we could be topic to high-priced governing administration enforcement steps and personal litigation and our status could undergo interruption or failure of our information and facts technologies and communications units could impair the shipping of our service and harm our business the current market for music rights is shifting and is subject matter to substantial uncertainties our Pandora services count upon keeping elaborate licenses with copyright homeowners, and these licenses consist of onerous terms the fees we must pay for “mechanical legal rights” to use musical will work on our Pandora provider have enhanced considerably and these new charges could adversely influence our business failure to secure our intellectual assets or actions by third get-togethers to enforce their intellectual home rights could considerably harm our business and functioning outcomes some of our companies and systems may use “open supply” software program, which could limit how we use or distribute our products and services or need that we release the supply code subject matter to these licenses rapid technological and market alterations and new entrants could adversely impression our companies we have a considerable sum of indebtedness, and our personal debt is made up of selected covenants that restrict our functions we are a “controlled company” inside the that means of the NASDAQ listing principles and, as a consequence, qualify for, and rely on, exemptions from specific company governance prerequisites although we now fork out a quarterly income dividend to holders of our typical inventory, we may possibly change our dividend coverage at any time our principal stockholder has significant impact, like above actions necessitating stockholder acceptance, and its passions might differ from the interests of other holders of our widespread stock if we are unable to attract and keep certified staff, our business could be harmed our amenities could be harmed by all-natural catastrophes or terrorist actions the unfavorable consequence of pending or potential litigation could have an adverse affect on our operations and economic condition we might be uncovered to liabilities that other amusement provider vendors would not typically be issue to and our business and potential clients count on the energy of our models. More variables that could cause our outcomes to differ materially from people explained in the forward-on the lookout statements can be found in our Once-a-year Report on Kind 10-K for the calendar year ended December 31, 2021, which is filed with the Securities and Exchange Commission (the “SEC”) and out there at the SEC’s Internet site (http://www.sec.gov). The information and facts established forth herein speaks only as of the day hereof, and we disclaim any intention or obligation to update any ahead on the lookout statements as a outcome of developments taking place after the date of this conversation.
Contacts for SiriusXM:
Resource Sirius XM Holdings Inc.