SiriusXM CEO Talks Proposed Liberty Media Combination –

SiriusXM CEO Jennifer Witz is optimistic about the potential merger with the Liberty SiriusXM tracking stock group, although she has not set a timeline for negotiations. Witz spoke at the UBS Global Media and Communications Conference and expressed confidence in reaching a positive resolution. The proposed transaction would give Liberty Media full control of Sirius XM, aiming to offer investors a more attractive value proposition. Witz also discussed the company’s new app and streaming platform and emphasized SiriusXM’s content offering, which includes new music, live sports, comedy channels, and news. Additionally, SiriusXM has priced its all-access streaming service at $9.99 per month, positioning it competitively in the streaming music space.

Summery :

– SiriusXM CEO Jennifer Witz is positive about the proposed merger with Liberty SiriusXM
– Liberty Media is looking to take full control of Sirius XM
– Sirius XM is pushing for a larger share of the streaming music space
– SiriusXM is looking to target younger consumers who get their music from other sources
– SiriusXM has unveiled a new app and streaming platform for cars and mobile devices
– SiriusXM has introduced a $9.99 per month all-access streaming service, which is cheaper than competitors like Spotify and Apple Music.

Image Credit : The Hollywood Reporter

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