is newsmax on siriusxm satellite radio

And podcasting continues to be a bright spot. This satellite CapEx spending will be in the $300 million range per year in 2023 and 2024 before declining to approximately 175 million in 2025, approximately 80 million 2026, and approximately 20 million 2027. Apr 27, 2023, 8:00 a.m. have, you can watch Newsmax TV on an iOS device with ease. Thank you. Thanks. @FoxNews won't be on ANY of my TV's! SiriusXM Satellite Radio Plans and Subscription Tiers SiriusXM offers two plan types. Thanks, operator, Rob. We expect to see more rapid feature adoption tied to automakers' incorporation of the Android Automotive Operating System with our 360L platform beginning later this year. Pleasure working with you and good luck on the next gig, keep them in the fairway. WebNewsmax Podcasts The Rob Carson Show Complete replay of the nationally syndicated talk radio show "The Rob Carson Show" by Newsmax Radio. Learn More. Itd be great to maybe hear how youre thinking more broadly about leveraging capital allocation. Our Sling review also includes more about why our team loves Sling. It had 34 million subscribers as of March 31. Good morning. And were working closely with the OEMs and with Google as that rules out. SiriusXM has announced that Howard Stern will bring his show to Miami to officially open its newest broadcast complex. In this quarter, we recorded $2.14 billion of revenue, a modest 2% decline compared to the prior year period. SiriusXM also launched Team Coco Radio in November to leverage the podcasts that the Conan OBrien-led production studio creates. And I believe as we launch this platform, we will have more and more opportunities to better execute on that. Great. We'll continue our current process of being cautious and disciplined. Newsmax TV, is But my overall view is to work on obviously optimizing the business, support the growth of the business and position us for the year ahead. And while that growth will continue, its actually come down to more normalized level at this point and get the competitive challenges we have are easily solved with 360L and the new platform that were launching. And in March, we started to see that tail off a little bit. Please proceed with your questions. Youll be missed. People find their way to our door and we consider a lot of factors, said Scott Greenstein, SiriusXMs Chief Content Officer. We help resolve pain points facing marketers by using greater automation and making buying more efficient. On the churn side, in-car, Q1 is always seasonally soft for us, and we anticipate that to be true for this year as well. Thanks. James Ratcliffe -- Evercore ISI -- Analyst. With upwards of a thousand hours of DVR space and multiple simultaneous streams available, youll never miss a game. This month SiriusXM signed a new five-year deal with Hartbeat, the production company run by actor and comedian Kevin Hart. Moving forward, we value a strong balance sheet that provides us with flexibility to navigate a variety of future environments. But the streaming trial funnel, our challenge has not been trial generation, and weve put very distinct guardrails in place and how were active in performance media in bringing trials into the funnel, partnerships is sort of an untapped opportunity. Stephen Laszczyk -- Goldman Sachs -- Analyst. It continues to be supported by the millions of trial starts we generate each quarter through our robust and long-term OEM partnerships. We have a service with very high satisfaction, low churn, and one of the leading ARPUs across direct-to-consumer media, not just audio. We have a service with very high satisfaction, low churn and one of the leading ARPUs across direct-to-consumer media, not just audio. And Im excited to see how this year shapes up. Plenty of news shows are airing live now on DirecTV Stream. Were investing in the new platforms. Please proceed with your questions. Despite market and business challenges, Im proud of our good start to the year. Sign up for your 30-day free trial and login to start listening today! I think youll see continuity as I lead our talented finance team and continued our disciplined approach financial decision making. So we believe no matter what path the OEM chooses we'll be really well-positioned there. Thank you. Welcome to SiriusXM's First Quarter 2023 Earnings Conference Call. But my overall view is to work on obviously optimizing the business, support the growth of the business and position us for the year ahead. Greg and guests discuss politics and news of the day. Thanks, Hooper, and good morning, everyone. Additionally, we are ramping up our marketing technology capabilities to better leverage our rich content to deliver more personalized messaging in our marketing efforts. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. Thank you for your participation. Theres so much to do here! So I think there is a case to be made for demand to start coming back, maybe some of the pent-up demand to be released, and auto sales to slowly but incrementally improve over the course of the year. Thank you, and good morning, everyone. Our ad-supported portfolio from Pandora to the SiriusXM Podcast Network, which also includes two of the largest Hispanic podcast networks with Pitaya and reVolver offers opportunities for advertisers to reach large and diverse audiences in audio. Our strong distribution, investment in new product offerings and our unmatched content offering that provided a foundation for future growth. SiriusXM has announced that Howard Stern will bring his show to Miami to officially open its newest broadcast complex. You can also use it to listen to live events, such as concerts or political debates. Sirius XMs Super Bowl broadcast this year was the most listened to in our history and strong engagement continued during March Madness, particularly with NCAA Womens Basketball. We increased the number of women's games we deliver to our subscribers to almost 800 broadcasts, doubling from the previous season. It has been a real pleasure to serve this company, its talented employees, and our shareholders as CFO these past two-and-a-half years. And then maybe the same question sort of on the in-car business. Scott Greenstein, our president and chief content officer, will join Jennifer, Sean, and Tom to take your questions during the Q&A portion of the call. At this time all participants are in a listen-only mode. Shows & Schedules 124 Listen Live SiriusXM Patriot Following this build cycle, we do not anticipate any spending on satellites for many years. Just since it's your first call as CFO, a follow-up to James' question. Before jumping into the quarters results, Id like to welcome Tom Barry as our incoming Chief Financial Officer. Theres so much to do here! Turn on the FoxNews simulcast on siriusxm, and turn your tv on as well. While we continue to see opportunities for a bigger streaming-only business, car sales will remain the dominant driver of our subscriber funnel. Please disable your ad-blocker and refresh. The other two components of Sirius XM's full-year outlook -- adjusted And as we have always said, business models really do matter. Advertising revenue of $334 million decreased slightly by 1% in the first quarter. Welcome, Tom. The focus comes as advertising has more attention at SiriusXM, despite an ad market that is presenting challenges for most other companies. Subscribe to Sling, Fubo TV, or DirecTV Stream to get Newsmax TV on your iOS device. Or search "Newsmax" on your favorite podcast platform. The stock has fallen to the point where its once puny dividend now amounts to a respectable 2.6% yield. OK. James, I'll go first. Now I listen to Jennifer, could you talk a little bit about the subscriber outlook for the rest of the year? We advise listeners to not rely unduly on forward-looking statements and disclaim any intent or obligation to update them. Our Q1 results were better than we expected certainly based on where trends were heading in December or January. Our next question is coming from the line of Ben Swinburne with Morgan Stanley. Because of this typical seasonality of our business in terms of receipts versus expenditures, combined with the timing of our capital expenditures, we expect to produce a meaningful portion of 2023s free cash flow later in the year. Please proceed with your questions. Complete replay of the nationally syndicated talk radio show "The Rob Carson Show" by Newsmax Radio. As you know, it is a big part of our funnel, but we have seen used car trial starts did increase in Q1 versus Q4, which sets us up well. Thanks, Matt. I was just wondering if you could give us an update on that subscriber kind of loose commentary. You may disconnect your lines at this time. One, we don't comment on anything we're looking at directly. The choices for watching Newsmax TV aren't limited to our top picks. So some OEMs will choose to pay for the trial and receive a higher subsidy and obviously, there's the impact of revenue share as well. Our very distribution models, subscription and ad supported reach audiences wherever and however they want to listen and bring value to the Sirius XM subscription as exemplified by recent deals with Kevin Hart, Kelly Ripa and Tom Brady. Thanks, Hooper, and good morning, everyone. It will be less impactful than the last time we did the rate increase because we focused primarily on full-price plans, and that has a lot to do with maintaining our promotional plans and market our discounted plans to be able to better onboard and retain our subscriber base where it makes sense. Our strong distribution, investment in new product offerings, and our unmatched content offering that provided a foundation for future growth. Cost basis and return based on previous market day close. Invest better with The Motley Fool. Our team is working diligently to position us for success in the second half of 2023 and beyond. Is this happening to you frequently? The change in royalties was driven by the expiration of the discounted rates on pre-1972 music as of the end of 2022 and a CRB announced 9% CPI inflator on webcasting performance rights and programming and content expenses climbed 6% due to increased licensing fee and production costs. The Motley Fool has no position in any of the stocks mentioned. I think trial starts are starting to improve, do you have, usually you guys have a pretty good line of sight on that. Do not sell or share my personal information. With that, Ill hand the call over to Jennifer. I'm glad you extended your tenure in the media industry here. The Gerry Sirius XMs Q1 2023 earnings per share is expected to be 8 cents as per Trefis analysis, higher than the consensus estimate of 7 cents. And the cost to acquire trials has gone down. Thank you, and good morning, everyone. Thank you, Sean, and thank you, Jennifer. And just on the categories, its been continued improvement in travel, restaurants, casino, even automotive is coming back more, which makes sense and then softness in telecom and some financial services. WebSiriusXM Satellite Radio is a broadcasting company that offers subscription services that allow you to listen to various channels of music, news, sports, and entertainment. In fact, that's why Sling is our top pick for watching Newsmax TV without cable. The Motley Fool has no position in any of the stocks mentioned. Against the splintering of sports rights in the video space, we offer incredible value as the one-stop audio home for all major sports, and it's powering record engagement of this content. Transitioning from a one-size-fits-all approach to a dynamic multichannel individualized approach, we'll promote only heard-here moments and exclusive talent to drive subscriber conversions among their fans, no matter how or where they want to listen. First of all, Sean, thanks very much. Thanks, Matt. SiriusXM also launched Team Coco Radio in November to leverage the podcasts that the Conan OBrien-led production studio creates. On the self-pay side, I would continue to expect improvements in year-over-year comps, as we roll out the rate increase, itll be less impactful than the last time we did the rate increase because weve focused primarily on full price plans. Could you give us a little bit of color on sort of the puts and takes there? And I guess what I wanted to ask about is just a follow-up on the subscriber progression here. I also want to thank Sean for his many contributions these last few years and ensuring a smooth transition. Could you give us a little bit of color on sort of the puts and takes there and how the new next-generation SiriusXM experience will help improve that over the course of 2023? Question on the new trends. Rick Munarriz has no position in any of the stocks mentioned.

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