Sirius XM Holdings Inc. (NASDAQ:SIRI) Goldman Sachs 30th Annual Communacopia Conference September 22, 2021 11:20 AM ET Company Participants Sean Sullivan - Chief Financial Officer Conference Call Participants Stephen Laszczyk - Goldman Sachs Stephen Laszczyk Okay, thanks everyone for taking the time to join us today. My name is Stephen Laszczyk and I'm the lead analyst for the music, sports and live event sectors here at Goldman Sachs. We are excited to welcome up here this year, Sean Sullivan, Chief Financ ...

Company and Industry Overview * **Company**: Sirius XM Holdings Inc. (NASDAQ: SIRI) * **Industry**: Media, Communications, and Entertainment * **Focus**: Satellite radio, streaming audio, and advertising Key Growth Pillars 1. **In-Vehicle Presence**: Maintaining and expanding SiriusXM's dominant position in the car audio market. 2. **Usage and Subscriptions Outside of the Vehicle**: Growing digital subscriptions and expanding the ad platform. 3. **Advertising Platform**: Leveraging the extensive advertising platform for growth. Core Views and Arguments * **Growth Outside of the Car**: The CEO, Jennifer Witz, emphasized that growth outside of the car, including digital subscriptions and the ad platform, represents the greatest opportunity for growth in the next 3-5 years. * **Content as a Differentiator**: SiriusXM's strong content offerings, including curated content, live news, sports, and podcasts, are a key driver of its success and differentiation from competitors. * **Churn Rate**: SiriusXM has achieved a historically low churn rate of 1.5%, driven by a strong value proposition and improved customer experience. Other Important Points * **Apple CarPlay and Android Auto**: Despite concerns about competition from Apple CarPlay and Android Auto, SiriusXM has maintained its leading position in the car audio market and has not seen significant erosion in performance. * **360L Platform**: The 360L platform is expected to be the default SiriusXM platform at all OEMs over time, improving content discovery and personalized experiences for consumers. * **Digital Subscriptions**: SiriusXM has a growing number of digital-only subscribers and is focused on expanding this segment through improved app experience and content offerings. * **Pandora**: Pandora is a key part of SiriusXM's strategy, with a focus on improving user experience, content, and distribution to slow listener declines. * **SXM Media**: SXM Media is a new sales organization that leverages the scale of SiriusXM's audio advertising platform and has been successful in closing major deals with advertisers. * **Podcasting**: Podcasting is a significant growth area for SiriusXM, with a focus on leveraging its strengths in content creation and distribution. * **Content Strategy**: SiriusXM focuses on providing a curated and diverse mix of content, including exclusive and non-exclusive offerings, to differentiate itself from competitors. * **Liberty Media**: Liberty Media owns approximately 80% of SiriusXM and has signed a tax-sharing agreement. The company's capital allocation strategy includes buybacks, dividends, and investment opportunities. * **SXM-7 Insurance Proceeds**: SiriusXM expects to receive all $225 million in insurance proceeds related to SXM-7 this year. * **SXM-9 Launch**: SXM-9 is expected to be launched about 3 years from now, following the completion of SXM-7 and SXM-10. * **Capital Expenditures**: SiriusXM has completed the SXM-7 and SXM-10 launches and is currently working on the next major ramp in capital expenditures.

Sirius XM Holdings Inc. (NASDAQ:SIRI) Q2 2021 Earnings Conference Call July 27, 2021 8:00 AM ET Company Participants Hooper Stevens – Senior Vice President, Investor Relations and Finance Jennifer Witz – Chief Executive Officer Sean Sullivan – Chief Financial Officer Scott Greenstein – President and Chief Content Officer Conference Call Participants Jessica Reif Ehrlich – Bank of America Securities Steven Cahall – Wells Fargo Jason Bazinet – Citi Ben Swinburne – Morgan Stanley Bryan Kraft – Deutsche Bank Do ...

Sirius XM Holdings Inc. (NASDAQ:SIRI) Credit Suisse 23rd Annual Communications Conference Call June 15, 2021 11:10 AM ET Company Participants Sean Sullivan - Executive Vice President and Chief Financial Officer Conference Call Participants Doug Mitchelson - Credit Suisse Doug Mitchelson Good morning. Welcome to the next section of the 23rd Annual Credit Suisse Communications Conference. I am Doug Mitchelson, the media and cable satellite and telecom analyst here at Credit Suisse. Very pleased to have with u ...

Sirius XM Holdings Inc. (NASDAQ:SIRI) Evercore ISI Inaugural TMT Conference June 7, 2021 10:15 AM ET Company Participants Sean Sullivan - Chief Financial Officer Conference Call Participants Vijay Jayant - Evercore ISI James Ratcliffe - Evercore ISI Vijay Jayant Good morning. I'm Vijay Jayant, the media communications analyst at Evercore ISI. Thanks for joining us for a session with Sean Sullivan, the Chief Financial Officer of SiriusXM Radio. I have my colleague James, who will tag team with me on some que ...

Sirius XM Holdings, Inc. (NASDAQ:SIRI) J.P. Morgan Technology, Media & Communications Conference May 25, 2021 10:15 AM ET Company Participants Jennifer Witz – Chief Executive Officer Conference Call Participants Sebastiano Petti – JPMorgan Sebastiano Petti Good morning, everyone. My name is Sebastiano Petti, I cover the communication services space here at JPMorgan. I want to introduce Jennifer Witz, CEO of SiriusXM. As many of you know, Jennifer became CEO of SiriusXM in January, 2021. Jennifer joined Siri ...

Sirius XM Holdings, Inc. (NASDAQ:SIRI) Q1 2021 Earnings Conference Call April 28, 2021 8:00 AM ET Company Participants Hooper Stevens - VP, IR & Finance Jennifer Witz - CEO Sean Sullivan - EVP & CFO Scott Greenstein - President & Chief Content Officer Conference Call Participants James Ratcliffe - Evercore ISI Sebastiano Petti - JPMorgan Chase & Co. Matthew Harrigan - The Benchmark Company David Joyce - Barclays Bank Robert Routh - FBN Securities James Goss - Barrington Research Associates Operator Good mor ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2021 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM __________ TO ________ COMMISSION FILE NUMBER 001-34295 SIRIUS XM HOLDINGS INC. (Exact name of registrant as specified in its charter) Delaware 38-3916511 (State or other ...

Sirius XM's (NASDAQ:SIRI) Deutsche Bank Annual Media, Internet & Telecom Conference Call March 9, 2021 4:00 PM ET Company Participants Sean Sullivan - CFO Conference Call Participants Bryan Kraft - Deutsche Bank Bryan Kraft Okay. Thanks everyone for joining us this afternoon. I'm Bryan Kraft, I cover the Media, Cable, Telecom sectors for Deutsche Bank. And I'm really pleased to introduce Sean Sullivan, the Chief Financial Officer of Sirius XM. Sean joined the company in the fall September, October time fram ...