?? We have a new report out today on Sirius XM Holdings, the largest satellite radio operator in North America with more than 33 million subscribers. ?? Despite its subscriber base and market dominance in satellite radio, the company faces long-term challenges related to how end users want to consume content. ?? We invite you to download the report for a full picture of Sirius’s credit profile, on the Insights page of our website https://lnkd.in/gWkcFR9k
??? This year has included some truly impressive podcast deals, with high-profile hosts partnering with major platforms. Smartless signed with Spotify for $100M, Alex Cooper with SiriusXM for $125M, and the Kelce brothers with Amazon for $100M. ?? These agreements typically include a guaranteed minimum fee for the host, coupled with a revenue-sharing model based on ad sales between the host and platform. These partnerships benefit hosts with early payouts and expanded reach, while platforms aim for growth in both subscriber numbers and ad revenue. ? ? At Tenant Risk Assessment, we have been closely following this trend, especially in light of the significant changes we have seen in content streaming over the past few years. Could the audio networks be on the verge of a similar shift? ? ?? Today, we are excited to share a new report on SiriusXM Holdings, the largest satellite radio operator in North America with over 33 million subscribers. We invite you to download the report from our website and explore the 2.75 rating we have assigned the company. https://lnkd.in/gMFyKUgb