NEW YORK, May possibly 19, 2022 /PRNewswire/ — SiriusXM nowadays introduced that Sean Sullivan, Chief Financial Officer, is scheduled to existing on Monday, May perhaps 23, 2022 at 11:20 am ET at J.P. Morgan’s 50th Annual World wide Technology, Media and Communications Convention.
A webcast of the presentation will be available by using the Trader Relations part of the company’s site, siriusxm.com/investorrelations.
Sirius XM Holdings Inc. (NASDAQ: SIRI) is the main audio entertainment organization in North The usa, and the premier programmer and platform for membership and digital marketing-supported audio merchandise. SiriusXM’s platforms collectively arrive at somewhere around 150 million listeners, the biggest digital audio audience across paid out and totally free tiers in North The usa, and deliver songs, sports activities, speak, information, comedy, amusement and podcasts. Pandora, a subsidiary of SiriusXM, is the largest ad-supported audio enjoyment streaming provider in the U.S. SiriusXM’s subsidiaries Stitcher, Simplecast and AdsWizz make it a leader in podcast internet hosting, generation, distribution, analytics and monetization. The Firm’s promoting profits arm, SXM Media, leverages its scale, cross-system gross sales organization, and advert tech capabilities to provide outcomes for audio creators and advertisers. SiriusXM, through Sirius XM Canada Holdings, Inc., also delivers satellite radio and audio leisure in Canada. In addition to its audio leisure firms, SiriusXM delivers related car providers to automakers. For a lot more about SiriusXM, be sure to go to: www.siriusxm.com.
This interaction is made up of “forward-wanting statements” in just the which means of the Personal Securities Litigation Reform Act of 1995. Such statements involve, but are not restricted to, statements about foreseeable future monetary and working benefits, our designs, objectives, anticipations and intentions with regard to long term operations, goods and companies and other statements discovered by words this sort of as “will probable consequence,” “are predicted to,” “will go on,” “is predicted,” “estimated,” “believe,” “intend,” “program,” “projection,” “outlook” or terms of comparable which means. This sort of ahead-hunting statements are dependent on the current beliefs and expectations of our management and are inherently topic to important company, financial and aggressive uncertainties and contingencies, several of which are challenging to forecast and normally over and above our command. Actual success and the timing of events might vary materially from the results predicted in these ahead-wanting statements.
The following factors, among the many others, could result in actual benefits and the timing of events to differ materially from the predicted benefits or other expectations expressed in the forward-searching statements: we have been, and could keep on to be, adversely affected by offer chain problems as a final result of the international semiconductor supply shortage we face substantial level of competition and that level of competition is likely to boost over time if our efforts to attract and retain subscribers and listeners, or convert listeners into subscribers, are not effective, our enterprise will be adversely affected we interact in substantial marketing initiatives and the continued performance of these endeavours is an vital part of our enterprise we rely on third events for the procedure of our enterprise, and the failure of third events to execute could adversely affect our business enterprise we may possibly not understand the rewards of acquisitions and other strategic investments and initiatives the ongoing COVID-19 pandemic has introduced major uncertainty to our organization a sizeable amount of our Sirius XM provider subscribers periodically terminate their subscriptions and we simply cannot predict how prosperous we will be at retaining customers our means to profitably attract and retain subscribers to our Sirius XM company as our marketing and advertising initiatives attain more rate-delicate consumers is unsure our small business depends in section on the car marketplace failure of our satellites would appreciably problems our enterprise our Sirius XM provider may well practical experience destructive interference from wireless operations our Pandora advertisement-supported business enterprise has suffered a substantial and constant decline of monthly active users, which may well adversely affect our Pandora small business our failure to convince advertisers of the advantages of our Pandora advertisement-supported company could hurt our small business if we are unable to preserve profits progress from our advertising goods our final results of operations will be adversely affected modifications in mobile operating techniques and browsers could hinder our means to promote promotion and market our services if we are unsuccessful to properly predict and participate in audio, comedy or other information that our Pandora listeners appreciate, we could fail to retain current and catch the attention of new listeners privateness and facts safety legislation and rules may hinder our ability to sector our companies, promote promotion and impose authorized liabilities buyer security regulations and our failure to comply with them could damage our small business failure to comply with FCC specifications could destruction our business if we fall short to secure the safety of individual facts about our consumers, we could be matter to pricey government enforcement actions and private litigation and our status could put up with interruption or failure of our info technology and communications techniques could impair the shipping and delivery of our service and damage our organization the market for tunes rights is shifting and is subject to considerable uncertainties our Pandora companies count upon retaining elaborate licenses with copyright proprietors, and these licenses contain onerous phrases the charges we need to shell out for “mechanical rights” to use musical performs on our Pandora service have increased substantially and these new premiums may possibly adversely have an effect on our enterprise failure to shield our mental property or steps by 3rd parties to implement their mental house legal rights could considerably hurt our business and operating final results some of our expert services and technologies could use “open supply” software package, which may perhaps prohibit how we use or distribute our expert services or have to have that we launch the supply code matter to people licenses rapid technological and industry variations and new entrants could adversely affect our services we have a sizeable amount of indebtedness, and our credit card debt has selected covenants that limit our operations we are a “controlled business” within the indicating of the NASDAQ listing principles and, as a consequence, qualify for, and count on, exemptions from selected company governance necessities while we at the moment spend a quarterly income dividend to holders of our popular inventory, we may possibly alter our dividend plan at any time our principal stockholder has significant affect, including over actions demanding stockholder approval, and its passions could vary from the passions of other holders of our common inventory if we are unable to draw in and keep experienced staff, our business enterprise could be harmed our facilities could be ruined by organic catastrophes or terrorist pursuits the unfavorable result of pending or potential litigation could have an adverse effect on our operations and financial condition we could be uncovered to liabilities that other enjoyment provider vendors would not usually be subject to and our enterprise and potential customers depend on the strength of our models. Additional aspects that could bring about our success to differ materially from these explained in the forward-searching statements can be observed in our Once-a-year Report on Type 10-K for the 12 months ended December 31, 2021, and our Quarterly Report on Type 10-Q for the quarterly period ended March 31, 2022, which are filed with the Securities and Trade Fee (the “SEC”) and offered at the SEC’s Web web 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 looking statements as a outcome of developments occurring just after the day of this interaction.
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Resource Sirius XM Holdings Inc.