SiriusXM projected to have lower subscriber gains later in 2023

[gr8oldies]

SXM's subscription model is a strange one.

The "published" level is $21+/mo. But if you threaten to cancel it drops to about $70/yr!

I've always wondered why they didn't price it at around $10/mo to gain more subscribers. Unlike streaming, adding more subscribers doesn't require additional bandwidth so it would seem that the net revenue from every additional subscription would be quite high.

They made me work for it last time out, but I still got my $70/yr. We'll see how this year plays out in August.

 

[TheBigA]

You can expect subscription rates will go up again in 2023. The last music royalty deal expired at the end of 2022. Royalties go up with every negotiation. And as part of the merger deal with DOJ, Sirius is allowed to pass those increases on to subscribers. BTW the streaming royalty is higher than the satellite royalty.

 

[itsTheRolyPoly]

You can expect subscription rates will go up again in 2023. The last music royalty deal expired at the end of 2022. Royalties go up with every negotiation. And as part of the merger deal with DOJ, Sirius is allowed to pass those increases on to subscribers. BTW the streaming royalty is higher than the satellite royalty.

And... they will, as mentioned here:

SiriusXM Subscription Rates Effective March 14, 2023

SiriusXM Subscription Rates Effective March 14, 2023

www.siriusxm.com

 

[itsTheRolyPoly]

Farewell instagrams and tweets, as well as press releases, have appeared on the SiriusXM Fans Facebook page. Kyle Cantrell from Bluegrass Junction, Ron Ross gone from the Pulse, B.K. Kirkland from The Groove, Kellie Pickler replaced by "SiriusXM Music" on The Highway, although there's no release or social media on that last one; her disappearance may be due to her recent family tragedy. All but Pickler had been with the company for more than 20 years. I'd imagine all received hefty raises during the boom years, making them nicely fatted calves to be sacrificed when things went south. Seniority is not something you want to have in today's media industry.

Can you let me know about layoff posts and other notices? I'm trying to gather a list for my newsletter but I can't access that page. I don't know why I can't see it.

 

[CTListener]

Lou Brutus, shown the door after 22 years. Another original XMer and a top-level programming executive.

Lou Brutus Exits SiriusXM After 22 Years

Music media veteran LOU BRUTUS, who had just marked his 22nd anniversary at SIRIUSXM, has been included in the company’s recent layoffs (NET NEWS 3/6/23). He worked as Sr. Director of Music Programming, overseeing the content for a long and diverse lineup of channels.An inductee to the Rock...

www.allaccess.com

 

[CTListener]

Can you let me know about layoff posts and other notices? I'm trying to gather a list for my newsletter but I can't access that page. I don't know why I can't see it.

Private group, but anyone can join subject to approval. This URL ought to work; you just won't see any posts.

SiriusXM Fans | Facebook

The unofficial fan club for SiriusXM Satellite Radio listeners. Not affiliated, associated, authorized, endorsed by, or in any way officially connected with Sirius XM Radio Inc.

www.facebook.com

 

[itsTheRolyPoly]

Private group, but anyone can join subject to approval. This URL ought to work; you just won't see any posts.

SiriusXM Fans | Facebook

The unofficial fan club for SiriusXM Satellite Radio listeners. Not affiliated, associated, authorized, endorsed by, or in any way officially connected with Sirius XM Radio Inc.

www.facebook.com

It says that the content isn't available right now. I think they blocked me or something for no good reason.

EDIT
@CTListener If you can help me out regain access to it, I would appreciate it very much.