January 10, 2020

SiriusXM Hits Record-High 34.9 Million Subscribers in 2019

The numbers arent all in yet, but SiriusXMs preliminary results show the company did exceptionally well in 2019. In fact, their total subscriber base has reached a record-high 34.9 million, including the addition of 1.063 million net self-pay subscribers. This brings the total number of SiriusXM self-pay subscribers to 30 million, exceeding the companys initial guidance for subscribers. The company also expects to exceed its full year 2019 guidance for revenue, adjusted EBITDA and free cash flow. It will report its complete fourth quarter and full-year 2019 financial results on February 4, 2020.

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illustration of the number five, representing the five subscription business topics for this column, Five-on-Friday

Five on Friday: Ebooks, Banking and Barber Shops

We are just 10 days into the New Year, and the international headlines are grabbing everyone’s attention. Check out today’s Five on Friday for a pleasant distraction. In this week’s edition, the Boardroom Salon for Men has made unlimited haircuts possible with a barber shop membership in select markets; Zuora discusses its thoughts on how subscriptions might be the future of banking; Apple’s App Store made more than $50 billion last year, but can it keep up the pace; Forbes thinks the 2020s are finally the right time for ebooks; and LinkedIn shares top subscription jobs.

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