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SiriusXM to Current on the BofA Media, Communications & Leisure Convention and the Goldman Sachs Communacopia + Expertise Convention

ByEditorialTeam

Aug 31, 2022

NEW YORK, Aug. 31, 2022 /PRNewswire/ — SiriusXM as we speak introduced that Jennifer Witz, Chief Govt Officer, will current on the Financial institution of America Media, Communications & Leisure Convention on Wednesday, September 7 at 4:10 pm ET, and Sean Sullivan, Chief Monetary Officer, will current on the Goldman Sachs Communacopia + Expertise Convention on Monday, September 12, at 7:30 pm ET.

A webcast of the shows can be out there on the Investor Relations part of the SiriusXM web site at siriusxm.com/investorrelations.

About SiriusXM

Sirius XM Holdings Inc. (NASDAQ: SIRI) is the main audio leisure firm in North America, and the premier programmer and platform for subscription and digital advertising-supported audio merchandise. SiriusXM’s platforms collectively attain roughly 150 million listeners, the most important digital audio viewers throughout paid and free tiers in North America, and ship music, sports activities, discuss, information, comedy, leisure and podcasts. Pandora, a subsidiary of SiriusXM, is the most important ad-supported audio leisure streaming service within the U.S. SiriusXM’s subsidiaries Stitcher, Simplecast and AdsWizz make it a pacesetter in podcast internet hosting, manufacturing, distribution, analytics and monetization. The Firm’s promoting gross sales arm, SXM Media, leverages its scale, cross-platform gross sales group, and advert tech capabilities to ship outcomes for audio creators and advertisers. SiriusXM, by means of Sirius XM Canada Holdings, Inc., additionally provides satellite tv for pc radio and audio leisure in Canada. Along with its audio leisure companies, SiriusXM provides linked car providers to automakers. For extra about SiriusXM, please go to: www.siriusxm.com

This communication accommodates “forward-looking statements” inside the which means of the Non-public Securities Litigation Reform Act of 1995. Such statements embrace, however usually are not restricted to, statements about future monetary and working outcomes, our plans, goals, expectations and intentions with respect to future operations, services and products; and different statements recognized by phrases comparable to “will possible consequence,” “are anticipated to,” “will proceed,” “is anticipated,” “estimated,” “imagine,” “intend,” “plan,” “projection,” “outlook” or phrases of comparable which means. Such forward-looking statements are primarily based upon the present beliefs and expectations of our administration and are inherently topic to vital enterprise, financial and aggressive uncertainties and contingencies, a lot of that are troublesome to foretell and customarily past our management. Precise outcomes and the timing of occasions could differ materially from the outcomes anticipated in these forward-looking statements.

The next elements, amongst others, might trigger precise outcomes and the timing of occasions to vary materially from the anticipated outcomes or different expectations expressed within the forward-looking statements: we now have been, and will proceed to be, adversely affected by provide chain points on account of the worldwide semiconductor provide scarcity; we face substantial competitors and that competitors is more likely to improve over time; if our efforts to draw and retain subscribers and listeners, or convert listeners into subscribers, usually are not profitable, our enterprise can be adversely affected; we interact in intensive advertising efforts and the continued effectiveness of these efforts is a vital a part of our enterprise; we depend on third events for the operation of our enterprise, and the failure of third events to carry out might adversely have an effect on our enterprise; we could not notice the advantages of acquisitions and different strategic investments and initiatives; the continuing COVID-19 pandemic has launched vital uncertainty to our enterprise; a considerable variety of our Sirius XM service subscribers periodically cancel their subscriptions and we can’t predict how profitable we can be at retaining prospects; our potential to profitably entice and retain subscribers to our Sirius XM service as our advertising efforts attain extra price-sensitive shoppers is unsure; our enterprise relies upon partially on the auto trade; failure of our satellites would considerably harm our enterprise; our Sirius XM service could expertise dangerous interference from wi-fi operations; our Pandora ad-supported enterprise has suffered a considerable and constant lack of month-to-month lively customers, which can adversely have an effect on our Pandora enterprise; our failure to persuade advertisers of the advantages of our Pandora ad-supported service might hurt our enterprise; if we’re unable to take care of income progress from our promoting merchandise our outcomes of operations can be adversely affected; modifications in cellular working programs and browsers could hinder our potential to promote promoting and market our providers; if we fail to precisely predict and play music, comedy or different content material that our Pandora listeners get pleasure from, we could fail to retain present and entice new listeners; privateness and knowledge safety legal guidelines and rules could hinder our potential to market our providers, promote promoting and impose authorized liabilities; client safety legal guidelines and our failure to adjust to them might harm our enterprise; failure to adjust to FCC necessities might harm our enterprise; if we fail to guard the safety of private details about our prospects, we could possibly be topic to pricey authorities enforcement actions and personal litigation and our repute might undergo; interruption or failure of our info expertise and communications programs might impair the supply of our service and hurt our enterprise; the marketplace for music rights is altering and is topic to vital uncertainties; our Pandora providers rely on sustaining complicated licenses with copyright house owners, and these licenses comprise onerous phrases; the charges we should pay for “mechanical rights” to make use of musical works on our Pandora service have elevated considerably and these new charges could adversely have an effect on our enterprise; failure to guard our mental property or actions by third events to implement their mental property rights might considerably hurt our enterprise and working outcomes; a few of our providers and applied sciences could use “open supply” software program, which can prohibit how we use or distribute our providers or require that we launch the supply code topic to these licenses; speedy technological and trade modifications and new entrants might adversely influence our providers; we now have a big quantity of indebtedness, and our debt accommodates sure covenants that prohibit our operations; we’re a “managed firm” inside the which means of the NASDAQ itemizing guidelines and, because of this, qualify for, and depend on, exemptions from sure company governance necessities; whereas we at the moment pay a quarterly money dividend to holders of our frequent inventory, we could change our dividend coverage at any time; our principal stockholder has vital affect, together with over actions requiring stockholder approval, and its pursuits could differ from the pursuits of different holders of our frequent inventory; if we’re unable to draw and retain certified personnel, our enterprise could possibly be harmed; our services could possibly be broken by pure catastrophes or terrorist actions; the unfavorable final result of pending or future litigation might have an adversarial influence on our operations and monetary situation; we could also be uncovered to liabilities that different leisure service suppliers wouldn’t typically be topic to; and our enterprise and prospects rely on the energy of our manufacturers. Extra elements that would trigger our outcomes to vary materially from these described within the forward-looking statements could be present in our Annual Report on Type 10-Okay for the 12 months ended December 31, 2021, and our Quarterly Report on Type 10-Q for the quarterly interval ended March 31, 2022, that are filed with the Securities and Alternate Fee (the “SEC”) and out there on the SEC’s Web web site (http://www.sec.gov). The knowledge set forth herein speaks solely as of the date hereof, and we disclaim any intention or obligation to replace any ahead trying statements on account of developments occurring after the date of this communication.

Supply: SiriusXM

Investor contacts:
Hooper Stevens
212-901-6718
[email protected]

Natalie Candela
212-901-6672
[email protected]

SOURCE Sirius XM Holdings Inc.

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