SiriusXM reaches a record 31 million paying subscribers in Q1 2021
SiriusXM reaches a record 31 million paying subscribers in Q1 2021 adding 126,000 net new subscribers in Q1 2021, an 83% increase from the 69,000 added in the first quarter of 2020. Total revenue increased 2% to $1.62 Bn with gross profit totalling $993 million, relatively unchanged compared to the first quarter of 2020. Advertising revenue grew 24%, helped by strong results in its growing podcast market. The Pandora streaming arm of the business saw Monthly […]