Sirius required subscribers to speak at length with live agents trained to dissuade cancellations, and listen to as many as five offers of other services before being allowed to cancel.
SiriusXM Radio will have to change its cancellation practices in New York state after a court said it created a burdensome procedure for consumers and subscribers, according to New York Attorney General Letitia James.
A New York state judge found Sirius XM Holdings liable in New York Attorney General Letitia James' lawsuit accusing the satellite radio and streaming company of making it too hard for customers to cancel subscriptions.
SiriusXM's high P/E & ad revenue dips signal caution. Despite promising growth plans, investors should wait for a more attractive valuation before entry.
Sirius XM Holdings Inc.'s split from Liberty Media and simplified capital structure make it a compelling investment and brand rebuilding opportunities. The company aims to increase subscribers from 40 million to 50 million, boosting free cash flow to $1.8 billion annually. Berkshire Hathaway's big investment in the stock has been mostly overlooked due to the $10 billion in net debt and declining revenues.
This stock's losing ground, but the future looks much more promising than the past has been.
It's been cut in half in 2024. Next year should be a lot better.
The radio company is in a very interesting position. Is now the time to invest?
Curious about Sirius XM's big gains last month? Here's how a long-planned restructuring took its final step in October.
24/7 Wall St. Insights Warren Buffett again boosted his stake in the newly independent Sirius XM Holdings Inc.
SIRI's third-quarter 2024 results reflect weakness in subscriber, advertisement and other revenues.
A closer look at the bear thesis for Sirius XM reveals the fear of a rapid deterioration. However, Q3/24 earnings show a rather stable picture. Looking deeper into the future and analyzing Sirius XM's investments and strategy, we can see that the company is well positioned for at least decent growth.