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Auburn Hills, Mich. (Mar. 27, 2023) – Alps Alpine North America, Inc. (“Alpine”) today released the free software update that includes SiriusXM-Ready® with 360L on compatible head units, including the Alpine Halo11 iLX-F511, the Alpine Halo9 iLX-F509, the iLX-507, and Jeep®-specific head units i509-WRA-JL and i509-WRA-JK. Alpine is the first aftermarket car audio company to offer SiriusXM-Ready® head units enhanced with the satellite and streaming capabilities of 360L – SiriusXM’s most advanced audio entertainment platform.
SiriusXM with 360L combines satellite and streaming content delivery into a single, cohesive in-vehicle entertainment experience, providing more choice and a more customizable listening experience. SiriusXM with 360L delivers more SiriusXM channels (350+), SiriusXM’s Pandora Stations, “For You” recommendations, recorded on demand content and podcasts, and more. SiriusXM with 360L in Alpine’s head units will also feature individual SiriusXM listener profiles to allow multiple drivers and passengers to customize and maintain their own SiriusXM favorites and personalized recommendations, as well as voice search functionality.*
SiriusXM® offers promotions for Alpine head unit owners that purchase and activate the SXV300 Tuner. Visit siriusxm.com/activatenow for offer details.
Subscribers can also listen to SiriusXM outside their vehicles on the SXM App, available on the App Store or Google Play, and on connected devices and speakers in their homes.
The free software update that includes SiriusXM-Ready® with 360L is available now and can be found on the Alpine Knowledge Center (https://kb.alpine-usa.com). SiriusXM-Ready® with 360L is available on compatible Alpine head units and requires the SXV300 Tuner and subscription (sold separately).
*Some 360L content and features require a Wi-Fi connection with internet access. Data rates may apply.
Alps Alpine Co., Ltd., a leading manufacturer of electronic components and automotive infotainment systems, has brought the world numerous “First 1” and “Number 1” products since its founding in 1948. The Alps Alpine Group currently operates 110 bases in 26 countries and regions, supplying roughly 40,000 different products and solutions to around 2,000 companies worldwide. Those offerings include devices such as switches, sensors, data communication modules, touch input panels, actuators, and power inductors; electronic shifters, remote keyless entry systems, and other automotive units; consumer electronics like car navigation and audio-visual systems; and systems and services such as digital keys based on a smartphone app and blockchain technology, and remote monitoring.
SiriusXM is the leading audio entertainment company in North America with a portfolio of audio businesses including its flagship subscription entertainment service SiriusXM; the ad-supported and premium music streaming services of Pandora; an expansive podcast network; and a suite of business and advertising solutions. Reaching a combined monthly audience of approximately 150 million listeners, SiriusXM offers a broad range of content for listeners everywhere they tune in with a diverse mix of live, on-demand, and curated programming across music, talk, news, and sports. For more about SiriusXM, please go to: www.siriusxm.com.
CONTACTS:
Alps Alpine North America Media Contact
Allison Saunders
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June 5th, 2018 - VAIS Technology has released a new hardware platform (Gen 2) for their popular satellite radio adapters specifically designed the 2018 Toyota Camry. This allows a 2018 Toyota Camry to add the SiriusXM® SXV300v1 satellite radio tuner to their existing factory stereo, plugging directly into the back of the radio for a true OEM like installation, without compromising any functionality.
“Since 2003, VAIS Technology has been developing satellite radio adapters for vehicles that aren’t equipped from the factory with SiriusXM® tuners,” said Dennis Hopper, Executive Vice President. “While satellite radio is more popular than ever, many vehicles still don’t offer an easy way to listen to it. Our company develops simple, easy to install integrated adapters that add satellite radio but preserve OEM factory functionality.”
The latest 2018 Toyota Camry unit improves on several key areas:
- Better and faster processor
- Behind the radio connection for all Toyota models including the new 2018 Toyota Camry
- Upgrade the existing factory USB port to fast charging, on all behind the radio applications.
- Locking connectors for a better and OEM automotive quality.
“We design our satellite radio adapters to operate very similar to the factory satellite radio systems,” Hopper explained. “While it takes more work on our part, our customers really appreciate the fact that they can now control their SiriusXM® using factory radio and steering wheel controls. That’s what really separates VAIS products from all others in the industry."
To learn more about the new line of GSR’s from VAIS Technology, contact them at 720-733-2348 or visit http://www.vaistech.com.
December 26, 2017 - VAIS Technology has released two new satellite radio integrated solutions specifically designed for 2018 Honda Accord Sport and 2018 Ford F150 Sync 3 models. This solution allows owners of Honda Accord Sport and Ford F150 vehicles, 4.2” LCD screen to add SiriusXM® satellite radio to their existing factory stereo, without compromising any functionality.
“Since 2003, VAIS Technology has been developing satellite radio adapters for vehicles that aren’t equipped from the factory with SiriusXM® tuners,” Dennis Hopper, Vice President of Sales, says. “While satellite radio is more popular than ever, many new vehicles still don’t come equipped from the factory with satellite tuners. Our company develops simple, easy to install integrated solutions that add satellite radio but preserve factory functionality.”
The new GSR-027 integration kit provides coverage for the 2018 Honda Accord Sport. The new GSR-042 provides coverage for the 2018 Ford F150, w/ 4.2” LCD screen (Sync 3 infotainment systems). Both models can be flashed using the GSR-U01 Universal integrated solution.
These adapters connect directly to the original Honda and Ford factory stereos and allow the vehicle owner to listen to satellite radio through the existing factory stereo system. The VAIS integrated adapter kit also allows for full control of satellite radio functions - changing stations, setting presets, etc. - with the standard factory radio controls.
“We design our satellite radio adapters to seamlessly operate just like factory satellite radio systems,” Hopper explains. “While it takes more work on our part, our customers really appreciate the fact that they can control their satellite radio just like they would regular FM radio - the same knobs and buttons, the same steering wheel controls, etc. That’s what really separates VAIS products from the rest of the industry.”
To learn more about the new GSR-027, GSR-042 and GSR-U01 from VAIS Technology, visit http://www.vaistech.com
June 2023 - VAIS Technology has released new satellite radio integrated solutions specifically designed for 2023 AUDI models. This solution allows owners of these 2020 models to add SiriusXM® satellite radio to their existing factory stereo, without compromising functionality.
“Since 2003, VAIS Technology have been developing satellite radio adapters for vehicles that aren’t equipped from the factory with SiriusXM® tuners,” Dennis Hopper, Vice President of Sales, said. “While satellite radio is more popular than ever, many new OEM vehicles still don’t come equipped from the factory with satellite tuners. Our company develops simple, easy to install integrated solutions that add satellite radio, but preserve factory functions.”
The new 2023 integration kits provide coverage for AUDI A3, A4, A5, A6, Q3 and Q5 model numbers (GSR-UV01), GM (GSR-AU01) vehicles. This adapter connects directly to the original factory radio and allows the vehicle owner to listen to satellite radio through the existing factory system. The VAIS integrated solution also allows for full control of satellite radio functions - changing stations, setting presets, steering wheel functions, etc.
To learn more about the new, GSR-UV01 and AU01, from VAIS Technology, visit http://www.vaistech.com
April 16, 2018 - VAIS Technology has released a new satellite radio integrated solution specifically designed for 2018 Alfa Romeo models. This solution allows owners of 2018 Alfa Romeo models the ability to add SiriusXM® satellite radio to their existing factory stereo, without compromising functionality.
The new 2018 integration kit provides coverage for Stelvio and Giulia (GSR-A01) vehicles. Also, these vehicles are compatible with the GSR-U01 (universal unit) which can be flashed using online software.
This adapter connects directly to the original factory radio and allows the vehicle owner to listen to satellite radio through the existing factory system. The VAIS integrated solution also allows for full control of satellite radio functions--changing stations, setting presets, steering wheel functions, etc.
“Since 2003, VAIS Technology have been developing satellite radio adapters for vehicles that aren’t equipped from the factory with SiriusXM® tuners,” said Dennis Hopper, Vice President of Sales. “While satellite radio is more popular than ever, many new OEM vehicles still don’t come equipped from the factory with satellite tuners. In 2018 alone, four new models now have deleted options of satellite radio. Our company develops simple, easy to install integrated solutions to add satellite radio, but preserve factory functions.”
To learn more about the new, GSR-A01, and GSR-U01 from VAIS Technology, visit http://www.vaistech.com.
April 2, 2018 - VAIS Technology has released a new satellite radio integrated solution specifically designed for 2018 Hyundai models. This solution allows owners of these 2018 models to add SiriusXM® satellite radio to their existing factory stereo, without compromising functionality.
The new 2018 integration kit provide coverage for Hyundai (GSR-H01, H02), Sonata, Tucson, Elantra, Kona and Santa Fe vehicles. Also, these models are compatible with the GSR-U01 (universal unit) which can be flashed using online software.
This adapter connects directly to the original factory radio and allows the vehicle owner to listen to satellite radio through the existing factory system. The VAIS integrated solution also allows for full control of satellite radio functions--changing stations, setting presets, steering wheel functions, etc.
“Since 2003, VAIS Technology have been developing satellite radio adapters for vehicles that aren’t equipped from the factory with SiriusXM® tuners,” said Dennis Hopper, Vice President of Sales. “While satellite radio is more popular than ever, many new OEM vehicles still don’t come equipped from the factory with satellite tuners. In 2018 alone, four new models now have deleted options of satellite radio. Our company develops simple, easy to install integrated solutions that add satellite radio, but preserve factory functions.”
To learn more about the new, GSR-H01, H02 and GSR-U01 from VAIS Technology, visit http://www.vaistech.com
February 28, 2018, - VAIS Technology has released new satellite radio integrated solutions specifically designed for 2018 GM, Ford, Honda and Jeep models. This solution allows owners of these 2018 models to add SiriusXM® satellite radio to their existing factory stereo, without compromising functionality. “Since 2003, VAIS Technology have been developing satellite radio adapters for vehicles that aren’t equipped from the factory with SiriusXM® tuners,” Dennis Hopper, Vice President of Sales, says. “While satellite radio is more popular than ever, many new OEM vehicles still don’t come equipped from the factory with satellite tuners. In 2018 alone, four new models now have deleted options of satellite radio. Our company develops simple, easy to install integrated solutions that add satellite radio, but preserve factory functions.”
The new 2018 integration kits provide coverage for GM (GSR-G04), Ford (GSR-042), Honda (GSR-025) and Jeep (GSR-053) vehicles. Also, all of these models are compatible with the GSR-U01 (universal unit) which can be flashed using online software. This adapter connects directly to the original factory radio and allows the vehicle owner to listen to satellite radio through the existing factory system. The VAIS integrated solution also allows for full control of satellite radio functions - changing stations, setting presets, steering wheel functions, etc.
To learn more about the new, GSR-G04, GSR-042, GSR-025, GSR-053, and GSR-U01 from VAIS Technology, visit
http://www.vaistech.com
April 16, 2019 -- VAIS Technology has released a new SiriusXM satellite radio integrated solution specifically designed for 2018-2019 Harley-Davidson models. This solution allows owners of compatible Harley-Davidson models the ability to add SiriusXM® satellite radio to their existing factory radio, without compromising functionality.
The new integration kit Model GSR-HM01 provides coverage for Road Glide, Street Glide, and Electra Glide models with Boom! Box 4.3. Also, these motorcycle models are compatible with the GSR-UV01 (universal unit) which can be flashed using online software.
This adapter connects directly to the original factory radio and allows the bike owner to listen to satellite radio through the existing factory system. The VAIS integrated solution allows for full control of satellite radio functions – browsing channels, categories, and presets using the factory radio and steering wheel controls.
“Since 2003, VAIS Technology have been developing satellite radio adapters for vehicles that aren’t equipped from the factory with SiriusXM® tuners,” said Dennis Hopper, Vice President of Sales. “While satellite radio is more popular than ever, many new OEM vehicles still don’t come equipped from the factory with satellite tuners. In 2018 alone, four new models now have deleted options of satellite radio. Our company develops simple, easy to install integrated solutions to add satellite radio, but preserve factory functions.”
To learn more about the new, GSR-HM01, and GSR-UV01 from VAIS Technology, visit http://www.vaistech.com.
November 2018, ; VAIS Technology, Englewood CO. has released new satellite radio integrated solutions specifically designed for 2019 Mercedes Benz and Land Rover. This solution allows owners of these 2019 models to add SiriusXM® satellite radio to their existing factory stereo, without compromising functionality.
“Since 2003, VAIS Technology have been developing satellite radio adapters for vehicles that aren’t equipped from the factory with SiriusXM® tuners,” Dennis Hopper, EVP, says. “While satellite radio is more popular than ever, many new OEM vehicles still don’t come equipped from the factory with satellite tuners. For 2019 several more OEM’s have removed satellite tuners from their platforms. Over the last few years Kia, Hyundai, Jeep, GMC and Chevrolet have removed sat tuners from their base model vehicles. VAIS Technology develops simple, easy to install integrated solutions that add satellite radio, but preserve factory functions.”
The new 2019 integration kits provide coverage for Mercedes Benz (GSR-MB03), and Land Rover (GSR-LR03) vehicles. Also, all these models are compatible with the GSR-UV01 (universal unit) which can be flashed using online software. This allows dealers to only stock one unit to do almost all applications.
This adapter connects directly to the original factory radio and allows the vehicle owner to listen to satellite radio through the existing factory system. The VAIS integrated solution also allows for full control of satellite radio functions - changing stations, setting presets, steering wheel functions, etc.
To learn more about all the new 2019 units from VAIS Technology, visit http://www.vaistech.com
September 17, 2018 -- VAIS Technology has released new satellite radio integrated solutions specifically designed for 2019 Toyota, GM, Honda and Subaru models. This solution allows owners of these 2019 models to add SiriusXM® satellite radio to their existing factory stereo, without compromising functionality.
“Since 2003, VAIS Technology have been developing satellite radio adapters for vehicles that aren’t equipped from the factory with SiriusXM® tuners,” said Dennis Hopper, Vice President of Sales. “While satellite radio is more popular than ever, many new OEM vehicles still don’t come equipped from the factory with satellite tuners. In 2019 KIA now has deleted options of satellite radio. Our company develops simple, easy to install integrated solutions that add satellite radio, but preserve factory functions.”
The new 2019 integration kits provide coverage for Toyota (GSR-TY51 & 52), GM (GSR-GM03), Honda (GSR-HD02) and Subaru (GSR-SB02) vehicles. Also, all these models are compatible with the GSR-U01 (universal unit) which can be flashed using online software.
This adapter connects directly to the original factory radio and allows the vehicle owner to listen to satellite radio through the existing factory system. The VAIS integrated solution also allows for full control of satellite radio functions-- changing stations, setting presets, steering wheel functions, etc.
To learn more about the new, GSR-TY51&52, GSR-GM03, GSR-HD02, GSR-SB02,and GSR-UV01 from VAIS Technology, visit http://www.vaistech.com
August 1, 2019 -- VAIS Technology, Englewood CO. has released new satellite radio integrated solutions specifically designed for 2020 Hyundai, Palisade, Veloster, Santa Fe and Elantra. This solution allows owners of these 2020 models to add SiriusXM® satellite radio to their existing factory stereo, without compromising functionality.
“Since 2003, VAIS Technology have been developing satellite radio adapters for vehicles that aren’t equipped from the factory with SiriusXM® tuners,” Dennis Hopper, EVP, says. “While satellite radio is more popular than ever, many new OEM vehicles still don’t come equipped from the factory with satellite tuners. For 2020 several more OEM’s have removed satellite tuners from their platforms. Over the last few years Hyundai, Kia, Jeep, GMC and Chevrolet have removed satellite tuners from their base model vehicles. VAIS Technology develops simple, easy to install integrated solutions that add satellite radio, but preserve factory functions.”
The new 2020 integration kits provide coverage for Most Hyundai model (GSR-HY02) vehicles. Also, all these models are compatible with the GSR-UV01 (universal unit) which can be flashed using online software. This allows dealers to only stock one unit to do almost all applications.
This adapter connects directly to the original factory radio and allows the vehicle owner to listen to satellite radio through the existing factory system. The VAIS integrated solution also allows for full control of satellite radio functions - changing stations, setting presets, steering wheel functions, etc.
To learn more about all the new 2020 units from VAIS Technology, visit http://www.vaistech.com.
November, 2019 -- VAIS Technology, Englewood, Colo. has released new satellite radio integrated solutions specifically designed for 2020 vehicle models. This solution allows owners of these 2020 models to add SiriusXM® satellite radio to their existing factory stereo, without compromising functionality.
The new 2020 integration kits provide coverage for 2020 Toyota, Honda, GM, Ford, Hyundai and Kia vehicles. Application guide available on VAIS Technology website. Also, all these models are compatible with the GSR-UV01 (universal unit) which can be flashed using online software. This allows dealers to only stock one unit to do almost all applications.
The re-released Harley Davidson, (GSR-HM51) application now includes a weather-proof enclosure as well as the SXV300 SiriusXM tuner, all in one unit, which now allows multiple source switching between the iPhone and SXM source via the factory radio.
This VAIS solution connects directly to the original factory radio and allows the vehicle owner to listen to satellite radio through the existing factory system. The VAIS integrated solution also allows for full control of satellite radio functions - changing stations, setting presets, steering wheel functions, etc. In the Harley Davidson, all controls are done thru the handlebars and factory buttons.
“Since 2003, VAIS Technology have been developing satellite radio adapters for vehicles that aren’t equipped from the factory with SiriusXM® tuners,” Dennis Hopper, Vice President of Sales, says. “While satellite radio is more popular than ever, many new OEM vehicles still don’t come equipped from the factory with satellite tuners. Over the last few years many OEM’s are removing satellite tuners from their base model vehicles. VAIS Tech. develops simple, easy to install integrated solutions that add satellite radio, but preserve factory functions.”
To learn more about all the new 2019 units from VAIS Technology visit www.vaistech.com
Oxnard, Calif. – (September 28, 2020) SCOSCHE – (pronounced skōsh/skohsh) Industries, innovators of award-winning consumer technology and accessories is pleased to announce that they have teamed up with SiriusXM to offer one month of streaming radio service free with the purchase of any Scosche product. The offer* is available with any purchase from Scosche.com from September 28 through December 31, 2020.*
Scosche customers can enjoy a free month of access to SiriusXM’s Essential Streaming package, which features ad-free music from every genre, artist-dedicated music channels, news, talk, entertainment, sports, comedy, plus more than 5,000 hours of on-demand content. SiriusXM content can be accessed on a smartphone, tablet, laptop, or desktop computer.
“I’ve been a subscriber to, and listener of SiriusXM since the beginning, and love the variety of content, music, news, sports, and comedy! It’s a great company to do a promotion with and take care of our customers with the gift of music," said Kas Alves, Co-President, Scosche Industries.
*Limit of one trial per consumer regardless of number of purchases or products purchased. Trial is available to new SiriusXM subscribers only.
Founded in 1980, SCOSCHE Industries is an award-winning innovator of consumer technology and car audio products - committed to delivering superior product quality and functionality, exceptional value and unmatched customer service. The designers and engineers at SCOSCHE develop products that reflect a rich heritage in audio and mobile technologies. SCOSCHE finds inspiration in the California lifestyle, culture, music and people. These influences can be seen in the accessories and products that are now in the homes, offices and vehicles of people in over 50 countries. With over 400 patents/trademarks and industry awards received, it is easy to see why SCOSCHE is consistently at the forefront of technology and innovation. www.scosche.com.
Follow us on: Instagram (@scoscheinc) and @scosche on Twitter, Facebook, Pinterest and LinkedIn for the latest news on all of the company’s award-winning consumer tech and car audio products and accessories. Also visit our company Press Room on scosche.com.
Sirius XM Holdings Inc. (NASDAQ: SIRI) is the leading audio entertainment company in the U.S., and the premier programmer and platform for subscription and digital advertising-supported audio products. Pandora, a subsidiary of SiriusXM, is the largest ad- supported audio entertainment streaming service in the U.S. SiriusXM and Pandora together reach more than 100 million people each month with their audio products. SiriusXM, through Sirius XM Canada Holdings, Inc., also offers satellite radio and audio entertainment in Canada. In addition to its audio entertainment businesses, SiriusXM offers connected vehicle services to automakers. For more about SiriusXM, please go to: www.siriusxm.com/scosche
2/22/2016, NY Times -- On the 36th floor of a Midtown Manhattan skyscraper, the actors Ice Cube and Kevin Hart joshed with fans inside a glass-walled radio studio one afternoon last month. They were in the broadcast headquarters of SiriusXM, and across the lobby, near Howard Stern’s dedicated wing, Brooke Shields posed for selfies with three “Sesame Street” puppets, while Senator Rand Paul — at that point, still a candidate for president — hovered with a small entourage. Overhead, a screen announced the imminent arrival of the thrash-metal band Anthrax.
By any measure, it was an odd cross section of pop culture. Surveying the scene, Scott Greenstein, SiriusXM’s chief content officer, smiled and declared, “This is how I like it — just this diverse.”
At SiriusXM, the satellite-radio network, executives use terms like “mosaic,” “bundle” and, inevitably, “curated” to describe the company’s mix of programming. With more than 175 channels, SiriusXM has much more variety than typical AM/FM radio but a small fraction of the ads. It has channels dedicated to the Grateful Dead and the Metropolitan Opera; five feeds of thumping electronic dance music; every pro baseball, football and basketball game; and, of course, Mr. Stern’s blend of raunchy humor and celebrity interviews. Around the Super Bowl, it had 162 hours of live programming related to the game that ran across 22 shows on 10 channels.
Once flirting with bankruptcy, SiriusXM has quietly become a financial powerhouse at a time when other radio and digital music outlets are struggling to make a profit, and also as the behavior of so-called cord cutters — who cancel their cable TV subscriptions to pick and choose their entertainment online (and to save money) — has made Wall Street nervous about the future of bundled media. SiriusXM last year earned $510 million on $4.6 billion in revenue, and renewed major deals with Mr. Stern and the National Football League.
“This has been a remarkable success story against huge odds,” said Barton Crockett, a media analyst with FBR Capital Markets. “Most of the investing public thought there was no way this would work, spending huge amounts of capital to launch satellites and put equipment in cars. But they were right. This is a great business.”
SiriusXM has hit on the formula for getting people — nearly 30 million of them — to pay for radio, a form of media that has always been free. But while the company likes to emphasize the awesomeness of its audio “mosaics,” there is another, more mundane, explanation for its success: cars.
SiriusXM pays about $1 billion a year in subsidies and revenue splits to automakers, and according to the company, 75 percent of all new vehicles sold in the United States come with satellite radio installed. (It works with every major carmaker.) Of the 29.6 million subscribers to SiriusXM at the end of last year, 24.2 million paid the $11 to $20 monthly fee themselves, with the rest covered through promotions by car companies.
Yet cars are changing in ways that could threaten SiriusXM’s position. New technologies, loosely referred to as the connected car, are bringing the Internet to the dashboard. For drivers, that means that various new audio apps — many of them free — will soon be available at a touch. For SiriusXM, that means a lot of new competition in the car, the place where consumers listen to radio the most. This process has already begun, with Apple and Google pushing for their own car media platforms, and Mr. Meyer said that he expected the technology to be in most new cars by the end of this decade. Will listeners still fork over $15 for SiriusXM if they can just as easily tune in to Spotify, Pandora or Beats 1 from Apple?
“The major enemy of SiriusXM these days is Internet radio,” said Jack Nerad, executive editorial director of Kelley Blue Book. “It’s important for Sirius to be in automobiles, but I think that for the car companies, it’s going to be just another programming source.”
Mr. Meyer, who spent years managing the company’s relationships with Detroit before he became chief executive in 2012, has been hearing this refrain for a long time. But he said that SiriusXM was well positioned for the change, with plans for a new, more interactive version of its radio system, code-named SXM17, and the advantage of knowing that car companies make changes to their machines very slowly. “Even when you’re Apple,” Mr. Meyer said, “they will still live with the speed carmakers want to go.”
Phil Abram, the chief infotainment officer of General Motors, said that Pandora, as well as platforms like Apple’s CarPlay and Google’s Android Auto, have had no significant effect on how many of its customers subscribe to SiriusXM.
“People like to have a plethora of content,” Mr. Abram said. “One day you might want to listen to music on your iPhone, the next day talk radio, and the next day you want a curated set of music from a company like SiriusXM. We want to try to make it as easy as possible for our customers to enjoy whichever they want.”
Satellite radio’s fortunes have not always been so rosy. After years of planning and investment in the 1990s, the new medium began broadcasting in the early 2000s from two companies, Sirius and XM. For years both lost money as they competed to build their programming slates and sign multimillion-dollar deals with celebrities like Oprah Winfrey and Martha Stewart.
The biggest catch, by far, was Mr. Stern, who signed a five-year, $500 million deal with Sirius to begin broadcasting at the start of 2006. His arrival instantly put satellite radio on the map. Sirius and XM merged in 2008 — during the recession, when car sales were plummeting. After nearly going bankrupt under the weight of its debt, the combined SiriusXM was saved by a last-minute infusion of capital from Liberty Media, the cable and entertainment empire controlled by John C. Malone, which in early 2009 lent $530 million in exchange for preferred shares convertible into 40 percent of the common stock of the company.
Gregory B. Maffei, Liberty’s chief executive and the chairman of SiriusXM, recalled that at the time of the deal, a colleague told him, “Either the world ends, or we’re going to make a lot of money.” They made a lot of money. SiriusXM repaid the loans in five months, and the roughly 62 percent stake that Liberty now has in the company — which is formally known as Sirius XM Holdings — is worth about $11 billion.
SiriusXM’s strategy for competing with free radio has been to give people a lot of the radio they like — music, sports, talk, news — and minimize what they do not, namely commercials. That means the station’s programmers do not feel the ratings pressures that bedevil terrestrial radio.
Read the rest of the story here: http://www.nytimes.com/2016/02/21/business/media/siriusxm-fights-to-dominate-the-dashboard-of-the-connected-car.html?_r=0
With millions currently staying home, SiriusXM opens access in North America via the SiriusXM app and at SiriusXM.com/streamfree
Announcement made by Howard Stern broadcasting from his home.
Featuring 300+ channels of news and information, entertainment, escape, and companionship across ad-free music channels, plus channels of live news, faith-based content, comedy, sports talk, politics, and on demand content.
New #StayHome Radio channel brings happy, feel-good music
The Billy Joel Channel and Dave Matthews Band Radio channels return, plus The Top 1000 (songs) Channel.
NEW YORK, March 31, 2020 /PRNewswire/ -- SiriusXM and Howard Stern today announced that starting today through May 15, SiriusXM will start offering free access to its full lineup of Premier Streaming content to listeners in North America. Howard kicked off the unprecedented Stream Free access this morning while hosting The Howard Stern Show, on channel 100, from his home.
SiriusXM Select and All Access subscribers already have access to this great content included with their subscriptions. Anyone who is not already a SiriusXM subscriber can download the SiriusXM app or go to SiriusXM.com/streamfree, and start listening free of charge, with no credit card or commitment required.
"With so many people asked to stay at home, we are making our full streaming lineup of music, entertainment, news and information easily accessible to everyone," said Jim Meyer, SiriusXM CEO. "In the days ahead, we hope it's a valuable source of information or diversion, a generous mix of fresh live content, and a source of companionship that comes from the hosts on our many shows and channels. And there was no better way to launch the Stream Free content than with Howard this morning."
Listeners will have free access to more than 300 channels of dynamic programming, featuring the acclaimed TheHoward Stern Show, hundreds of exclusive ad-free music channels, and vital news and information sources. SiriusXM is also adding entirely new curated content, and bringing back some beloved music channels by top artists.
#StayHome Radio, a feel-good, ad-free music channel, will launch April 1 on the streaming platform and channel 179 on most SiriusXM radios. The channel will feature happy and uplifting songs from artists like Lizzo and Coldplay to P!nk and Bob Marley.
And as people spend time at home, SiriusXM is bringing back The Billy Joel Channel, Dave Matthews Band Radio, and a new channel full of the Top 1000 songs across multiple genres, all available on the SiriusXM app, connected devices, as well as most SiriusXM radios, starting April 1.
Billy Joel's exclusive SiriusXM channel, The Billy Joel Channel, features music spanning his decades-long career, including songs from his live and studio albums, and Billy telling exclusive stories about his music and career. Throughout the month, the channel will also air Billy Joel: An Evening of Questions and Answers…and a little music too, which was recorded last year in Miami at the Faena Theater. It can be heard on the SiriusXM app in the Rock category and on SiriusXM radios on channel 30.
Dave Matthews Band Radio will include music from the band's extensive career, along with exclusive, never-before-heard interview content, and encore airings and highlights from Dave's recent Pay It Forward: Live performance streamed from his home and simulcast live on SiriusXM. Dave's "live from home" performance can be heard in full Wednesday at 5 p.m. ET / 2 p.m. PT, Thursday at 2 p.m. ET / 11 a.m. PT, Friday at 8 p.m. ET / 5 p.m. PT, and through the weekend. The channel will also bring back the Friday Night Concert Series, featuring a complete show from the archives every Friday night at 8 p.m. ET / 5 p.m. PT. While the band is off the road, the Friday Night Concert Series will feature standout shows including the band's 2018 and 2019 tour, originally heard live exclusively on SiriusXM. Dave Matthews Band Radio can be heard on the SiriusXM app in the Rock category and on SiriusXM radios initially on channel 176.
The Top 1000 Channel will bring a new genre countdown every two weeks, kicking off with the top 1000 Classic Rock Songs and followed by the top 1000 Oldies songs, Alternative Rock songs (80s to today), Country songs, RnB songs, Hard Rock songs and Hip-Hop songs. It can be heard on the SiriusXM app and on most SiriusXM radios on channel 177.
SiriusXM's ad-free music channels offer a wide variety of choices, from favorites The Highway, SiriusXM Hits 1 and our decades channels, to artist-backed channels such as The Beatles Channel, The Garth Channel, Pearl Jam Radio, Grateful Dead Channel, LL COOL J's Rock The Bells Radio, Bruce Springsteen's E Street Radio, and Eminem's Shade 45.
There are also many additional online-only music channels, including more than 100 Xtra music channels, curated for any mood, occasion or activity, as well as music channels geared toward "relaxing-at-home" listening, such as SiriusXM Chill, Watercolors, and SiriusXM Coffee House. SiriusXM music channels are home to more than 200 channel hosts who serve as trusted companions to millions in North America currently in their homes.
Listeners also get live news from major outlets such as CNN, FOX News, CNBC, MSNBC and BBC World Service, and valuable information from channels such as Doctor Radio powered by NYU Langone Health, and Business Radio. There are also inspirational and faith-based channels, multiple channels of comedy, dynamic sports talk such as Mad Dog Sports Radio, and more.
SiriusXM's entertainment channels include Radio Andy and SiriusXM Stars, featuring daily live shows covering the latest in pop culture, celebrities, lifestyle, and more. Listeners can tune in to hear live shows from SiriusXM hosts including Andy Cohen, Jenny McCarthy, Jess Cagle, Jeff Lewis, Bevy Smith, Michelle Collins and more.
The SiriusXM app also offers additional features such as SiriusXM video, Personalized Stations Powered by Pandora that listeners can curate themselves, and an On Demand library with more than 10,000 hours of archived shows, exclusive music performances, interviews and audio documentaries.
The SiriusXM app is available on mobile phones, tablets and computers, as well as on a wide variety of connected devices in the home including smart TVs, devices with Amazon Alexa or the Google Assistant, Apple TV, PlayStation, Roku, Sonos speakers and more.
About SiriusXM
Sirius XM Holdings Inc. (NASDAQ: SIRI) is the leading audio entertainment company in the U.S., and the premier programmer and platform for subscription and digital advertising-supported audio products. Pandora, a subsidiary of SiriusXM, is the largest ad-supported audio entertainment streaming service in the U.S. SiriusXM and Pandora together reach more than 100 million people each month with their audio products. SiriusXM, through Sirius XM Canada Holdings, Inc., also offers satellite radio and audio entertainment in Canada. In addition to its audio entertainment businesses, SiriusXM offers connected vehicle services to automakers and directly to consumers through aftermarket devices. For more about SiriusXM, please go to: www.siriusxm.com.
NEW YORK – April 11, 2016 – SiriusXM announced today that it added 465,000 net new subscribers in the first quarter of 2016, resulting in a record-high of 30.1 million subscribers as of March 31, 2016. Self-pay net additions were 348,000 in the quarter, resulting in a self-pay subscriber base of 24.6 million at quarter’s end.
“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 Jim Meyer, Chief Executive Officer, SiriusXM.
“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,” added Meyer.
“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,” said Meyer.
SiriusXM plans to report full first quarter 2016 financial and operational results on April 28, 2016. For more information, please visit investor.siriusxm.com.
SiriusXM to Acquire Pandora in All-Stock Transaction Valuing Pandora at $3.5 Billion
Both SiriusXM and Pandora Brands, Products, and Services to Continue
Complementary Transaction Adds Largest U.S. Audio Streaming Platform to SiriusXM's Strong in-Car Presence
Pandora to Benefit from SiriusXM's Scale, Industry Expertise, and Financial Resources
SiriusXM to Benefit from Pandora's Mobile Strength, Digital Presence, and Ad Capabilities
Investor and Analyst Call Scheduled for This Morning at 8:30 AM ET
NEW YORK and OAKLAND, Calif., Sept. 24, 2018 /PRNewswire/ -- Sirius XM Holdings Inc. (NASDAQ: SIRI) and Pandora Media, Inc. (NYSE: P) today announced a definitive agreement under which SiriusXM will acquire Pandora in an all-stock transaction valued at approximately $3.5 billion. The combination creates the world's largest audio entertainment company, with more than $7 billion in expected pro-forma revenue in 2018 and strong, long-term growth opportunities.
This strategic transaction builds on SiriusXM's position as the leader in subscription radio and a critically-acclaimed curator of exclusive audio programming with the addition of the largest U.S. audio streaming platform. Pandora's powerful music platform will enable SiriusXM to significantly expand its presence beyond vehicles into the home and other mobile areas. Following the completion of the transaction, there will be no immediate change in listener offerings.
The combined company will drive long-term growth by:
- Capitalizing on cross-promotion opportunities between SiriusXM's base of more than 36 million subscribers across North America and 23 million-plus annual trial listeners and Pandora's more than 70 million monthly active users, which represents the largest digital audio audience in the U.S.
- Leveraging SiriusXM's exclusive content and programming with Pandora's ad-supported and subscription tiers to create unique audio packages, while also utilizing SiriusXM's extensive automotive relationships to drive Pandora's in-car distribution.
- Continuing investments in content, technology, innovation, and expanded monetization opportunities through both ad-supported and subscription services in and out of the vehicle.
- Supporting and strengthening Pandora's highly relevant brand.
- Creating a promotional platform for emerging and established artists, curated and personalized in ways to deliver the most compelling audio experience that connects artists to their fan bases, as well as new listeners.
Jim Meyer, Chief Executive Officer of SiriusXM, said, "We have long respected Pandora and their team for their popular consumer offering that has attracted a massive audience, and have been impressed by Pandora's strategic progress and stronger execution. We believe there are significant opportunities to create value for both companies' stockholders by combining our complementary businesses. The addition of Pandora diversifies SiriusXM's revenue streams with the U.S.'s largest ad-supported audio offering, broadens our technical capabilities, and represents an exciting next step in our efforts to expand our reach out of the car even further. Through targeted investments, we see significant opportunities to drive innovation that will accelerate growth beyond what would be available to the separate companies, and does so in a way that also benefits consumers, artists, and the broader content communities. Together, we will deliver even more of the best content on radio to our passionate and loyal listeners, and attract new listeners, across our two platforms."
Roger Lynch, Chief Executive Officer of Pandora, said, "We've made tremendous progress in our efforts to lead in digital audio. Together with SiriusXM, we're even better positioned to take advantage of the huge opportunities we see in audio entertainment, including growing our advertising business and expanding our subscription offerings. The powerful combination of SiriusXM's content, position in the car, and premium subscription products, along with the biggest audio streaming service in the U.S., will create the world's largest audio entertainment company. This transaction will deliver significant value to our stockholders and will allow them to participate in upside, given SiriusXM's strong brand, financial resources and track record delivering results."
Transaction Details
Pursuant to the agreement, the owners of the outstanding shares in Pandora that SiriusXM does not currently own will receive a fixed exchange ratio of 1.44 newly issued SiriusXM shares for each share of Pandora they hold. Based on the 30-day volume-weighted average price of $7.04 per share of SiriusXM common stock, the implied price of Pandora common stock is $10.14 per share, representing a premium of 13.8% over a 30-day volume-weighted average price. The transaction is expected to be tax-free to Pandora stockholders. SiriusXM currently owns convertible preferred stock in Pandora that represents a stake of approximately 15% on an as-converted basis.
The merger agreement provides for a "go-shop" provision under which Pandora and its Board of Directors may actively solicit, receive, evaluate and potentially enter negotiations with parties that offer alternative proposals following the execution date of the definitive agreement. There can be no assurance this process will result in a superior proposal. Pandora does not intend to disclose developments about this process unless and until its Board of Directors has made a decision with respect to any potential superior proposal.
Approvals
The transaction has been unanimously approved by both the independent directors of Pandora and by the board of directors of SiriusXM.
The transaction is expected to close in the first quarter of 2019. It is subject to approval by Pandora stockholders, expiration or termination of any applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act and certain competition laws of foreign jurisdictions and other customary closing conditions.
SiriusXM Reiterates Full Year 2018 Outlook
SiriusXM reiterated its full-year 2018 guidance provided on July 25, 2018, with self-pay net subscriber additions of approximately 1.15 million; revenue over $5.7 billion; adjusted EBITDA of approximately $2.175 billion, and free cash flow of approximately $1.5 billion.
Pandora Reiterates Q3 2018 Guidance
Pandora reiterated its third quarter 2018 guidance provided on July 31, 2018, with revenue of $390 million to $405 million and Adjusted EBITDA of ($25) million to ($10) million.
Conference Call Information
SiriusXM will hold a conference call to discuss this transaction today, September 24, 2018 at 8:30 AM ET. The dial-in information for participants is (866) 610-1072 (Domestic) and +1 (973) 935-2840 (International). The passcode for both numbers is 7138655. Investors will have the opportunity to listen to the conference call live and access the accompanying presentation slides on each company's investor relations tabs on each company's website, http://investor.siriusxm.com or http://investor.pandora.com.
Participants are encouraged to register at least 15 minutes early to download and install any necessary software. For those who cannot listen to the live broadcast, a telephonic replay will be available through October 8, 2018 by dialing (800) 585-8367 (Domestic) and +1 (404) 537-3406 (International), passcode 7138655. An archived version of the replay will also be available at http://investor.siriusxm.com or http://investor.pandora.com.
Advisors
Allen & Company LLC and BofA Merrill Lynch are serving as financial advisors to SiriusXM and Baker Botts LLP and Simpson Thacher & Bartlett LLP are serving as its legal counsel. Centerview Partners LLC, LionTree Advisors LLC and Morgan Stanley & Co. LLC are serving as financial advisors to Pandora and Sidley Austin LLP is acting as legal counsel.
About SiriusXM
Sirius XM Holdings Inc. (NASDAQ: SIRI) is the world's largest radio company measured by revenue and has approximately 33.5 million subscribers. SiriusXM creates and offers commercial-free music; premier sports talk and live events; comedy; news; exclusive talk and entertainment, and a wide-range of Latin music, sports and talk programming. SiriusXM is available in vehicles from every major car company and on smartphones and other connected devices as well as online at siriusxm.com. SiriusXM radios and accessories are available from retailers nationwide and online at SiriusXM. SiriusXM also provides premium traffic, weather, data and information services for subscribers through SiriusXM Traffic™, SiriusXM Travel Link, NavTraffic®, NavWeather™. SiriusXM delivers weather, data and information services to aircraft and boats through SiriusXM Aviation™ and SiriusXM Marine™. In addition, SiriusXM Music for Business provides commercial-free music to a variety of businesses. SiriusXM holds a minority interest in SiriusXM Canada which has approximately 2.6 million subscribers. SiriusXM is also a leading provider of connected vehicles services, giving customers access to a suite of safety, security, and convenience services including automatic crash notification, stolen vehicle recovery assistance, enhanced roadside assistance and turn-by-turn navigation.
About Pandora
Pandora is the world's most powerful music discovery platform—a place where artists find their fans and listeners find music they love. We are driven by a single purpose: unleashing the infinite power of music by connecting artists and fans, whether through earbuds, car speakers, or anywhere fans want to experience it. Pandora's team of highly trained musicologists analyze hundreds of attributes for each recording which powers our proprietary Music Genome Project®, delivering billions of hours of personalized music tailored to the tastes of each music listener, full of discovery, making artist/fan connections at unprecedented scale. Founded by musicians, Pandora empowers artists with valuable data and tools to help grow their careers and connect with their fans.
www.pandora.com | @pandoramusic | www.pandoraforbrands.com | @PandoraBrands | amp.pandora.com
Advanced Television -- David Frear, CFO at pay-radio operator SiriusXM, told the Bank of America Merrill Lynch media conference in New York that it was in the initial stages of a ‘Request For Proposals’ ahead of procuring two replacement XM satellites.
He told delegates that the two satellites were scheduled to launch in 2019 and 2020 and would take about three years to build.
“Our long-term operating constellation is five satellites. Two XM bands, two Sirius bands, and one spare to go to either side; and after the 2019 and 2020 launches, we will also have launches in ’23, ’25, and ’28.”
Frear added that each satellite would cost around $300 million to build, launch and insure.
Read the rest here: http://advanced-television.com/2015/12/04/siriusxm-to-add-video-telematics/
March 2023 -- Englewood, Colo. -- VAIS Technology has released new satellite radio integrated solutions specifically designed for 2023 Honda Civic, Accord, HRV and CRV. This solution allows owners of these models to add SiriusXM® satellite radio to their existing factory stereo, without compromising factory functionality.
“Since 2003, VAIS Technology have been developing satellite radio adapters for vehicles that aren’t equipped from the factory with SiriusXM® tuners,” Dennis Hopper, EVP, said. “While satellite radio is more popular than ever, many new OEM vehicles still don’t come equipped from the factory with satellite tuners. For 2023 several more OEM’s have removed satellite tuners from their platforms. Over the last few years Hyundai, Mazda, Kia, Jeep, Honda and Ford have removed satellite tuners from their base model vehicles. VAIS Technology develops simple, easy to install integrated solutions that add satellite radio, but preserve factory functions.”
The new kits provide coverage for new Honda models. Also, all these models are compatible with the GSR-UV01 (universal unit) which can be flashed using online software. This allows dealers to only stock one unit to do almost all applications. This adapter connects directly to the original factory radio and allows the vehicle owner to listen to satellite radio through the existing factory system. The VAIS integrated solution also allows for full control of satellite radio functions - changing stations, setting presets, steering wheel functions, etc.
GSR-HD07 and GSR-UV01 is available for order now. Retail price is $349.99 with SXV300 tuner included.
Founded in 2003, VAIS Technology offers a wide variety of automotive accessories, including SiriusXM add-on adapters, kits for adding a Bluetooth music streaming, Push Button Start kits, and SEER Passive Keyless Entry. All VAIS Technology products are built to OEM standards and are designed to offer seamless functionality for best user experience. VAIS Technology products come with one-year warranty and do not affect OEM warranties. Visit http://www.vaistech.com to learn more.
January 2023 -- VAIS Technology, Englewood CO., has released new satellite radio integrated solutions specifically designed for ’21-‘23 Ford F-150, Bronco and Transit with Sync 4. This solution allows owners of these models to add SiriusXM® satellite radio to their existing factory stereo, without compromising factory functionality.
“Since 2003, VAIS Technology have been developing satellite radio adapters for vehicles that aren’t equipped from the factory with SiriusXM® tuners,” Dennis Hopper, EVP, says. “While satellite radio is more popular than ever, many new OEM vehicles still don’t come equipped from the factory with satellite tuners. For 2022 several more OEM’s have removed satellite tuners from their platforms. Over the last few years Hyundai, Mazda, Kia, Jeep, Honda and Ford have removed satellite tuners from their base model vehicles. VAIS Technology develops simple, easy to install integrated solutions that add satellite radio, but preserve factory functions.”
The new kits provide coverage for new Ford models equipped with Sync 4 Radios. Also, all these models are compatible with the GSR-UV01 (universal unit) which can be flashed using online software. This allows dealers to only stock one unit to do almost all applications. This adapter connects directly to the original factory radio and allows the vehicle owner to listen to satellite radio through the existing factory system. The VAIS integrated solution also allows for full control of satellite radio functions - changing stations, setting presets, steering wheel functions, etc.
GSR-FD04 is available for pre-order now with a ship date around end of January. Retail price is $349.99 with SXV300 tuner included. https://vaistech.com/product/gsr-fd04-w-tuner-kit/
About VAIS Technology: Founded in 2003, VAIS Technology offers a wide variety of automotive accessories, including SiriusXM add-on adapters, kits for adding a Bluetooth music streaming, Push Button Start kits, and SEER Passive Keyless Entry. All VAIS Technology products are built to OEM standards and are designed to offer seamless functionality for best user experience. VAIS Technology products come with one-year warranty and do not affect OEM warranties. Visit http://www.vaistech.com to learn more.
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