SiriusXM Tops 30 Million Subscribers By End Of First Quarter
April 11, 2016 at 2:58 PM (PT)
SIRIUSXM added 465,000 net new subscribers in first quarter 2016, giving the satellite radio service 30.1 million total subscribers, a record. Self-pay net additions rose by 348,000 to end the quarter at 24.6 million.
"SIRIUSXM has grown from a pioneering startup to a media powerhouse in less than fifteen years of service by providing listeners with the best audio entertainment available," said CEO JIM MEYER. "Our exclusive, unmatched content and ease of use has led us to this important subscriber milestone. I'd like to thank our dedicated employees, our valuable content creators and brands, our automotive distributors, and most of all our paying subscribers for their contribution to our success. We believe there is more success to come because of our relentless search for new and exciting content, our intense focus on subscriber satisfaction, and our significant investments in next-generation services and platforms."