is newsmax on siriusxm satellite radio

And the competitive challenges we have are easily solved with 360L and the new platform that we're launching, and we are starting to see that already in some of our numbers. SiriusXM bought Conan OBriens Team Coco last year in a $150 million deal that also included a five-year talent agreement for Team Coco staff to collaborate on content, including the new satellite Thank you. If it has a chance to turn things around, investors don't have to wait long for the next big test. Before jumping into the quarter's results, I'd like to welcome Tom Barry as our incoming chief financial officer. The difference is whether or not you listen to satellite radio in your car. Thank you. Gross profit in the Sirius XM segment declined 5% to 1.02 billion, representing a margin of 61%, down slightly from 2022 due to higher royalties. We're in about -- I think it's about a third of our new car trial starts have 360L currently, that will increase to about 40% by the end of the year. WebSiriusXM Patriot is a conservative talk radio channel on Sirius Satellite Radio channel 125 and XM Satellite Radio channel 125 [1]. Sirius XM No matter what device you have at home, it's probably possible to watch Newsmax TV on it yes, even without cable. The Howard Stern Show will air live May 13 from the SiriusXM Miami studios, where Stern will be joined on-air by various music and celebrity guests. Our strong distribution, investment in new product offerings and our unmatched content offering that provided a foundation for future growth. First of all, Sean, thanks very much. This contributed to the expected negative subscriber growth in the quarter. This satellite capex spending will be in the $300 million range per year in 2023 and 2024, before declining to approximately $175 million in 2025, approximately $80 million in 2026, and approximately $20 million in 2027. Against the splintering of sports rights in the video space, we offer incredible value as the one stop audio home for all major sports and its powering record engagement of this content. Siriusxm Satellite Radio Great. Learn More, Sirius XM(SIRI 2.70%)Q12023 Earnings CallApr 27, 2023, 8:00 a.m. Thank you, and good morning, everyone. Sign up for your 30-day free trial and login to start listening today! But we're not seeing any major changes in the market that I would highlight. Maxar is currently building another SiriusXM satellite, SXM-8, which is scheduled for launch in 2021. Sirius XM Thanks, Matt. Sure. To make the world smarter, happier, and richer. The cheapest option is Sling. Thanks, operator, Rob. And as we noted, our Q1 was at 3.4 times and we returned $161 million to shareholders in the first quarter and will continue to be opportunistic for the remainder of the year. @SIRIUSXM is. So one of the things we're most proud of is what you alluded to, the true diversity of voices we have on the platform, and basically letting our subscribers and listeners and trialers decide what they want to listen to at any given moment. https://buff.ly/41pw0RC . Do not sell or share my personal information. SiriusXM bought Conan OBriens Team Coco last year in a $150 million deal that also included a five-year talent agreement for Team Coco staff to collaborate on content, including the new satellite radio channel. Entertainment Television, ESPNU, Freeform, FX, Science, FYI, MTV2: Music Television, Animal Planet, BBC America, CMT, and more. Well target leverage in the low to mid-3s in light of the macroeconomic factors. Sirius XM used to be a darling for speculators, screaming fans who would cheer its every uptick and downtick. So one of the things were most proud of is what you alluded to the true diversity of voices we have on the platform and basically letting our subscribers and listeners and trialers decide what they want to listen to at any given moment. I would expect the second half to be positive and that sort of nets us out to the modestly negative. And we're constantly navigating because the interaction of those three economic levers with increasing penetration rates where it makes sense. And I guess what I wanted to ask about is just a follow-up on the subscriber progression here. The stock has fallen to the point where its once puny dividend now amounts to a respectable 2.6% yield. Is that still what you see? If you have an ad-blocker enabled you may be blocked from proceeding. Self-pay subscribers decreased by 347,000 during Q1 as a result of fourth quarter declines in trial starts for new and used vehicles, reduced marketing spend, and seasonally higher churn typically seen in the first quarter. What do you see as the right leverage profile, the right mix of capital returns? Thanks, David. We do expect to see future quarter-over-quarter progress in self-pay net adds, but we still anticipate being modestly negative for the full year in aggregate. SiriusXM has announced that Howard Stern will bring his show to Miami to officially open its newest broadcast complex. SEE INFOTAINMENT DETAILS SIRIUSXM TRAVEL LINK This contributed to the expected negative subscriber growth in the quarter. At the intersection of the two, our programmatic podcast sales doubled year over year, albeit off a small base, and contributed to overall podcast ad revenue growth of 34%. Great. So some OEMs will choose to pay for the trial and receive a higher subsidy and obviously, there's the impact of revenue share as well. But were going to continue with our disciplined approach as weve used over the last couple years. All of this is a testament to our leading position in talk audio, and we will continue to leverage our world-class content to draw in new SiriusXM subscribers while also giving ad-supported listeners access to our high-quality programming. Thanks for that color. Welcome, Tom. No matter how or where they want to listen. Subscribe to Sling, Fubo TV, or DirecTV Stream to get Newsmax TV on Roku. Thanks, Hooper, and good morning, everyone. News fans often use antennas for streaming live TV like news shows for free, without cable. We help resolve pain points facing marketers by using greater automation and making buying more efficient. But we are actually holding back largely until the launch of the new platform, which is in the fourth quarter. This month SiriusXM signed a new five-year deal with Hartbeat, the production company run by actor and comedian Kevin Hart. The satellite radio provider has sold out now. They showed a slight decline in its revenues: down 1.9% year-on-year to $2.14bn. Maybe for Jennifer on distribution. We're investing in our future. And then maybe the same question sort of on the in-car business, I think the trial starts are starting to improve. The choices for watching Newsmax TV aren't limited to our top picks. For example, we introduced a new in-app onboarding experience for users to select genres, allowing faster, more efficient access to the most relevant content. DirecTV Stream offers a great range of news channels, including C-SPAN, CNBC, CNN, Fox News, MSNBC, as well as local and regional networks based on your location. Good morning. And then secondly, it's a bit of a more depressed question than an analyst question. So I think there is a case to be made for demand to start coming back, maybe some of the pent-up demand to be released, and auto sales to slowly but incrementally improve over the course of the year. We announced this morning that Mercedes has a plan to roll out, and we are very eager to see it continue to move through our OEM partners. Image source: The Motley Fool. WebThere are many ways to watch Newsmax TV without cable, including Sling, Fubo TV, or DirecTV Stream.. Please proceed with your question. The investments we are making now will support our remaining valuable low band customers for several years to come, but well eventually provide new revenue opportunities. But are there any circumstances where if I was Tucker or Don Lemon, Id certainly want to be with you on the linear and podcasting side rather than Newsmax or OAN. And I believe that because we were really well positioned to capture late in quarter demand that came in as advertisers started to open up their budgets, because we have these programmatic solutions across music streaming and podcasting. How sizable of a trial acquisition funnel you think that could become over the next few years, and maybe how you see that fitting into the broader digital strategy later this year. On the self-pay side, I would continue to expect improvements in year-over-year comps, as we roll out the rate increase, itll be less impactful than the last time we did the rate increase because weve focused primarily on full price plans. We plan to tackle these issues with a new data-driven platform launching later this year that allows for more control of the listener experience and improve discovery, fully utilizing our unmatched content lineup. Because of this typical seasonality of our business in terms of receipts versus expenditures, combined with the timing of our capital expenditures, we expect to produce a meaningful portion of 2023s free cash flow later in the year. Making the world smarter, happier, and richer. We havent changed the guidance on subscribers, so still expecting modestly negative for the year. And programming and content expenses climbed 6% due to increased licensing fee and production costs. Fubo TV isn't only great for sports fans, though. Scott M. on Twitter: "Same in my house! @FoxNews won't be on Thank you for taking the question. We expect to see more rapid feature adoption tied to automakers' incorporation of the Android Automotive Operating System with our 360L platform beginning later this year. And so were really well positioned on the podcasting side. WebSiriusXM Satellite Radio Online Account Center. Thank you. Complete replay of the nationally syndicated talk radio show "The Rob Carson Show" by Newsmax Radio. While this is a great indicator of whats to come, these features are currently only available in a limited number of 360L enabled vehicles, and awareness of these features is still low. Tom, take it away. Entering text into the input field will update the search result below, materially. [Operator Instructions] Thank you. With that, I'll turn it over to the operator for Q&A.

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