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Why SiriusXM Pivoted Away From Its Streaming App

Billboard
Story by Glenn Peoples
from Billboard
Image from Billboard
scrn logline
SiriusXM pivots streaming strategy to attract younger listeners, but faces challenges in transitioning beyond its satellite radio roots.
beat sheet
  • SiriusXM's new streaming app was priced at $9.99/month, significantly below its $16 average satellite subscriber revenue, in a bid to reach younger consumers.
  • Despite the app's improvements, SiriusXM has struggled to overcome the perception that it's primarily an in-car radio service, making it difficult to drive adoption beyond its core satellite radio audience.
call sheet
SiriusXM
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