{"id":82670,"date":"2012-08-08T22:32:45","date_gmt":"2012-08-08T14:32:45","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/siriusxm-turns-in-stellar-second-quarter-subscriber-rates\/"},"modified":"2012-08-08T22:32:45","modified_gmt":"2012-08-08T14:32:45","slug":"siriusxm-turns-in-stellar-second-quarter-subscriber-rates","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/siriusxm-turns-in-stellar-second-quarter-subscriber-rates\/","title":{"rendered":"SiriusXM Turns in Stellar Second Quarter Subscriber Rates"},"content":{"rendered":"<p>[08-08-12] Satellite broadcaster <b>SiriusXM<\/b> <b>Radio<\/b> grew its revenues by 13 percent in the second quarter of 2012 to $838 million on top of a jump in subscribers that prompted its management to boost the company\u2019s annual profit forecast, according to Sirius XM\u2019s latest results issued Aug. 7.<\/p>\n<p>&nbsp; &nbsp;SiriusXM CEO Mel Karmazin said that despite mixed macroeconomic trends, the company added more than 600,000 subscribers in the second quarter, representing a record for the broadcaster during the time after its merger with XM.<br \/>\n&nbsp; &nbsp;\u201cWe also attained a record-level free cash flow of $230 million \u2014 the highest single quarterly free cash flow figure in SiriusXM\u2019s history,\u201d Karmazin said in a statement. \u201cWe are excited to deliver our new SiriusXM on-demand service to our subscribers via the Internet and smartphones, and our program to launch a personalized music feature via these same channels by the end of the year is on track. We are very pleased with the strong operating results we have delivered since the merger, especially our performance in 2012.\u201d<br \/>\n&nbsp; &nbsp;SiriusXM\u2019s adjusted EBITDA for the second quarter was $237 million \u2014 a 28 percent increase from the $185 million it reported in the second quarter of 2011.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[08-08-12] Satellite broadcaster SiriusXM Radio grew its revenues by 13 percent in the second quarter of 2012 to $838 million on top of a jump in subscribers that prompted its management to boost the company\u2019s annual profit forecast, according to Sirius XM\u2019s latest results issued Aug. 7. &nbsp; &nbsp;SiriusXM CEO Mel Karmazin said that despite [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-82670","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/82670"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=82670"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/82670\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=82670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=82670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=82670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}