A brutal 8.6% drop sends shockwaves as Sirius XM battles ad revenue declines, job cuts, and a shrinking subscriber base.
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Digital Music News on MSNSiriusXM Triggers New Round of Layoffs — Broader Ad Revenue Under PressureSiriusXM makes a new round of layoffs this week after cutting about 100 jobs in January. The number of affected employees ...
Right now, we’re a little concerned and cautious about where the ad sales are going,” Thomas Barry told an investors ...
Donald Trump threatening tariffs on automakers has SiriusXM weighing possible impacts on signing up new car owners as ...
Sirius' CFO mentioned ad sales had recently slowed. The slowdown could be coming from tariff-sensitive sectors. Sirius had been looking to lean more on advertising to reignite growth, so this ...
While one of Wall Street's few legal monopolies is a screaming buy, a high-flying artificial intelligence (AI) stock-split ...
Cineverse (NASDAQ: CNVS), a next-generation entertainment studio, today announced that it has hired Laura Schumer and Ben ...
Therefore, if ad sales slip, it would just be another headwind to Sirius' already-struggling top line and growth plans.
and that stands to impact SiriusXM. Witz said the satellite radio giant expected at the beginning of the year “relatively stable” new car sales, but that was undercut by Trump earlier this ...
Shares of Warren Buffett holding Sirius XM (NASDAQ: SIRI) were falling hard today in spite of the rest of the market attempting a comeback after Monday's huge marketwide plunge. Sirius' stock was down ...
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