NEW YORK, March 10, 2022 /PRNewswire/ — SiriusXM at this time introduced that Sean Sullivan, Chief Monetary Officer, is scheduled to current on Tuesday, March 15, 2022 at 1:20 pm ET at Deutsche Financial institution’s 30th Annual Media, Web & Telecom Convention.
A webcast of the presentation might be obtainable by way of the Investor Relations part of the corporate’s web site, siriusxm.com/investorrelations.
About SiriusXM
Sirius XM Holdings Inc. (NASDAQ: SIRI) is the main audio leisure firm in North America, and the premier programmer and platform for subscription and digital advertising-supported audio merchandise. SiriusXM’s platforms collectively attain roughly 150 million listeners, the most important digital audio viewers throughout paid and free tiers in North America, and ship music, sports activities, discuss, information, comedy, leisure and podcasts. Pandora, a subsidiary of SiriusXM, is the most important ad-supported audio leisure streaming service within the U.S. SiriusXM’s subsidiaries Stitcher, Simplecast and AdsWizz make it a frontrunner in podcast internet hosting, manufacturing, distribution, analytics and monetization. The Firm’s promoting gross sales arm, SXM Media, leverages its scale, cross-platform gross sales group, and advert tech capabilities to ship outcomes for audio creators and advertisers. SiriusXM, by Sirius XM Canada Holdings, Inc., additionally presents satellite tv for pc radio and audio leisure in Canada. Along with its audio leisure companies, SiriusXM presents related car providers to automakers. For extra about SiriusXM, please go to: www.siriusxm.com.
This communication incorporates “forward-looking statements” inside the that means of the Personal Securities Litigation Reform Act of 1995. Such statements embrace, however will not be restricted to, statements about future monetary and working outcomes, our plans, goals, expectations and intentions with respect to future operations, services; and different statements recognized by phrases comparable to “will possible consequence,” “are anticipated to,” “will proceed,” “is anticipated,” “estimated,” “consider,” “intend,” “plan,” “projection,” “outlook” or phrases of comparable that means. Such forward-looking statements are based mostly upon the present beliefs and expectations of our administration and are inherently topic to vital enterprise, financial and aggressive uncertainties and contingencies, lots of that are tough to foretell and usually past our management. Precise outcomes and the timing of occasions could differ materially from the outcomes anticipated in these forward-looking statements.
The next components, amongst others, may trigger precise outcomes and the timing of occasions to vary materially from the anticipated outcomes or different expectations expressed within the forward-looking statements: we have now been, and should proceed to be, adversely affected by provide chain points on account of the worldwide semiconductor provide scarcity; the continued COVID-19 pandemic has launched vital uncertainty to our enterprise; we face substantial competitors and that competitors is prone to improve over time; if our efforts to draw and retain subscribers and listeners, or convert listeners into subscribers, will not be profitable, our enterprise might be adversely affected; we have interaction in intensive advertising efforts and the continued effectiveness of these efforts is a vital a part of our enterprise; we depend on third events for the operation of our enterprise, and the failure of third events to carry out may adversely have an effect on our enterprise; we could not notice the advantages of acquisitions and different strategic investments and initiatives; a considerable variety of our Sirius XM service subscribers periodically cancel their subscriptions and we can’t predict how profitable we might be at retaining clients; our means to profitably appeal to and retain subscribers to our Sirius XM service as our advertising efforts attain extra price-sensitive customers is unsure; our enterprise relies upon partly on the auto trade; failure of our satellites would considerably harm our enterprise; our Sirius XM service could expertise dangerous interference from wi-fi operations; our Pandora ad-supported enterprise has suffered a considerable and constant lack of month-to-month lively customers, which can adversely have an effect on our Pandora enterprise; our failure to persuade advertisers of the advantages of our Pandora ad-supported service may hurt our enterprise; if we’re unable to keep up income development from our promoting merchandise our outcomes of operations might be adversely affected; modifications in cellular working techniques and browsers could hinder our means to promote promoting and market our providers; if we fail to precisely predict and play music, comedy or different content material that our Pandora listeners get pleasure from, we could fail to retain present and appeal to new listeners; privateness and information safety legal guidelines and laws could hinder our means to market our providers, promote promoting and impose authorized liabilities; shopper safety legal guidelines and our failure to adjust to them may harm our enterprise; failure to adjust to FCC necessities may harm our enterprise; if we fail to guard the safety of private details about our clients, we could possibly be topic to expensive authorities enforcement actions and personal litigation and our repute may endure; interruption or failure of our data expertise and communications techniques may impair the supply of our service and hurt our enterprise; the marketplace for music rights is altering and is topic to vital uncertainties; our Pandora providers rely upon sustaining advanced licenses with copyright homeowners, and these licenses comprise onerous phrases; the charges we should pay for “mechanical rights” to make use of musical works on our Pandora service have elevated considerably and these new charges could adversely have an effect on our enterprise; failure to guard our mental property or actions by third events to implement their mental property rights may considerably hurt our enterprise and working outcomes; a few of our providers and applied sciences could use “open supply” software program, which can limit how we use or distribute our providers or require that we launch the supply code topic to these licenses; fast technological and trade modifications and new entrants may adversely influence our providers; we have now a major quantity of indebtedness, and our debt incorporates sure covenants that limit our operations; we’re a “managed firm” inside the that means of the NASDAQ itemizing guidelines and, consequently, qualify for, and depend on, exemptions from sure company governance necessities; whereas we at the moment pay a quarterly money dividend to holders of our frequent inventory, we could change our dividend coverage at any time; our principal stockholder has vital affect, together with over actions requiring stockholder approval, and its pursuits could differ from the pursuits of different holders of our frequent inventory; if we’re unable to draw and retain certified personnel, our enterprise could possibly be harmed; our services could possibly be broken by pure catastrophes or terrorist actions; the unfavorable consequence of pending or future litigation may have an adversarial influence on our operations and monetary situation; we could also be uncovered to liabilities that different leisure service suppliers wouldn’t usually be topic to; and our enterprise and prospects depend upon the energy of our manufacturers. Extra components that might trigger our outcomes to vary materially from these described within the forward-looking statements might be present in our Annual Report on Kind 10-Ok for the 12 months ended December 31, 2021, which is filed with the Securities and Change Fee (the “SEC”) and obtainable on the SEC’s Web web site (http://www.sec.gov). The data set forth herein speaks solely as of the date hereof, and we disclaim any intention or obligation to replace any ahead trying statements on account of developments occurring after the date of this communication.
Investor contact:
Hooper Stevens
212-901-6718
[email protected]
SOURCE Sirius XM Holdings Inc.