Published: May well. 19, 2022 at 4:00 PM CDT|Current: 3 several hours ago
NEW YORK, May perhaps 19, 2022 /PRNewswire/ — SiriusXM nowadays declared that Sean Sullivan, Main Economic Officer, is scheduled to current on Monday, Could 23, 2022 at 11:20 am ET at J.P. Morgan’s 50th Yearly World Technological innovation, Media and Communications Meeting.
A webcast of the presentation will be offered via the Trader Relations segment of the firm’s web page, siriusxm.com/investorrelations.
Sirius XM Holdings Inc. (NASDAQ: SIRI) is the major audio enjoyment organization in North America, and the premier programmer and system for subscription and digital advertising-supported audio goods. SiriusXM’s platforms collectively arrive at about 150 million listeners, the biggest electronic audio audience throughout paid out and no cost tiers in North The united states, and deliver audio, sports, communicate, information, comedy, entertainment and podcasts. Pandora, a subsidiary of SiriusXM, is the largest advertisement-supported audio enjoyment streaming company in the U.S. SiriusXM’s subsidiaries Stitcher, Simplecast and AdsWizz make it a leader in podcast internet hosting, manufacturing, distribution, analytics and monetization. The Company’s promotion sales arm, SXM Media, leverages its scale, cross-system gross sales business, and advert tech capabilities to supply success for audio creators and advertisers. SiriusXM, via Sirius XM Canada Holdings, Inc., also presents satellite radio and audio amusement in Canada. In addition to its audio amusement organizations, SiriusXM presents related automobile providers to automakers. For much more about SiriusXM, you should go to: www.siriusxm.com.
This interaction consists of “ahead-looking statements” in just the which means of the Private Securities Litigation Reform Act of 1995. Such statements consist of, but are not limited to, statements about potential fiscal and running success, our programs, targets, anticipations and intentions with regard to upcoming functions, solutions and expert services and other statements discovered by words and phrases this kind of as “will very likely final result,” “are envisioned to,” “will proceed,” “is predicted,” “believed,” “imagine,” “intend,” “plan,” “projection,” “outlook” or words and phrases of equivalent indicating. Such forward-looking statements are based mostly upon the existing beliefs and anticipations of our management and are inherently subject to sizeable small business, financial and competitive uncertainties and contingencies, many of which are tricky to predict and generally over and above our management. Genuine outcomes and the timing of events may perhaps differ materially from the final results anticipated in these forward-searching statements.
The subsequent factors, among the other individuals, could lead to true results and the timing of activities to differ materially from the expected results or other expectations expressed in the ahead-seeking statements: we have been, and may well continue on to be, adversely afflicted by offer chain difficulties as a result of the worldwide semiconductor supply scarcity we face significant competition and that competitiveness is likely to enhance in excess of time if our endeavours to appeal to and retain subscribers and listeners, or convert listeners into subscribers, are not productive, our business will be adversely influenced we interact in considerable marketing and advertising efforts and the ongoing performance of individuals initiatives is an significant part of our business we rely on third functions for the operation of our organization, and the failure of 3rd parties to complete could adversely have an affect on our business we may not comprehend the added benefits of acquisitions and other strategic investments and initiatives the ongoing COVID-19 pandemic has launched sizeable uncertainty to our small business a considerable quantity of our Sirius XM support subscribers periodically cancel their subscriptions and we simply cannot forecast how thriving we will be at retaining buyers our skill to profitably catch the attention of and retain subscribers to our Sirius XM company as our internet marketing endeavours arrive at far more rate-delicate individuals is unsure our business enterprise is dependent in part on the vehicle industry failure of our satellites would drastically injury our business enterprise our Sirius XM service might experience harmful interference from wi-fi operations our Pandora advertisement-supported small business has experienced a substantial and reliable reduction of monthly energetic people, which could adversely have an impact on our Pandora business enterprise our failure to convince advertisers of the rewards of our Pandora ad-supported provider could hurt our company if we are not able to sustain income advancement from our advertising goods our outcomes of operations will be adversely influenced changes in cellular running systems and browsers may possibly hinder our capability to offer marketing and market place our solutions if we fail to accurately forecast and play new music, comedy or other information that our Pandora listeners love, we might fall short to retain existing and entice new listeners privacy and data protection legislation and laws could hinder our capability to industry our products and services, market advertising and impose legal liabilities customer safety guidelines and our failure to comply with them could hurt our organization failure to comply with FCC requirements could destruction our organization if we fail to protect the protection of own information about our customers, we could be topic to highly-priced govt enforcement actions and personal litigation and our reputation could experience interruption or failure of our info technologies and communications devices could impair the delivery of our provider and hurt our organization the market place for tunes rights is modifying and is matter to substantial uncertainties our Pandora companies rely on protecting sophisticated licenses with copyright house owners, and these licenses have onerous phrases the fees we need to spend for “mechanical legal rights” to use musical operates on our Pandora provider have enhanced substantially and these new fees could adversely have an impact on our business failure to secure our intellectual home or actions by 3rd functions to implement their intellectual house rights could substantially hurt our company and operating final results some of our companies and technologies might use “open up supply” program, which may possibly prohibit how we use or distribute our products and services or require that we launch the resource code issue to those people licenses immediate technological and sector changes and new entrants could adversely influence our solutions we have a sizeable amount of money of indebtedness, and our credit card debt consists of certain covenants that prohibit our functions we are a “managed enterprise” in just the which means of the NASDAQ listing policies and, as a result, qualify for, and depend on, exemptions from specific corporate governance prerequisites while we presently fork out a quarterly cash dividend to holders of our widespread inventory, we could adjust our dividend policy at any time our principal stockholder has significant influence, including over actions demanding stockholder approval, and its interests may well vary from the passions of other holders of our common stock if we are unable to catch the attention of and keep capable personnel, our business could be harmed our services could be damaged by natural catastrophes or terrorist pursuits the unfavorable consequence of pending or foreseeable future litigation could have an adverse affect on our functions and financial affliction we may well be uncovered to liabilities that other leisure service providers would not customarily be matter to and our business enterprise and prospective buyers rely on the energy of our brands. Extra things that could cause our benefits to differ materially from these described in the ahead-looking statements can be located in our Annual Report on Kind 10-K for the calendar year ended December 31, 2021, and our Quarterly Report on Form 10-Q for the quarterly period of time finished March 31, 2022, which are submitted with the Securities and Exchange Fee (the “SEC”) and readily available at the SEC’s Internet internet site (http://www.sec.gov). The info set forth herein speaks only as of the day hereof, and we disclaim any intention or obligation to update any forward seeking statements as a outcome of developments taking place just after the date of this interaction.
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