SiriusXM subscriptions up 21% in Q3

Murray Stassen

SiriusXM has reported 21% subscriber growth in the third quarter of the year with its paid subscribers having reached 28.96 million.

SiriusXM also hit a third quarter revenue record of $1.17 billion, an 11% increase on last year.

The quarter saw the addition of 525,000 new subscribers, compared to 433,000 in the same quarter last year. Targets for full year subscriber additions have now been raised to around 2m as a result of the strong Q3 results.

The company's third ...

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