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Comment on SiriusXM Seeks To Siphon Radio’s Local Ad Revenue Pipeline by Houston
['Cameron Coats', 'Cameron Coats Is The Editor-In-Chief Of Radio Ink', "Overseeing The Publication'S Monthly Magazine", 'Daily Headlines. Previously A Morning Show Host', 'Programmer', 'Cameron Also Served As Regional Creative Director', 'Was A Radio Mercury Award Finalist.', 'Please Enter Your Name Here', 'Peter Mclane']
Comments for Radio Ink
Now, the satellite broadcaster says it is going after something even more vital: the local advertising dollars that it says make up a majority percentage of traditional radio’s revenue.
So we will hire to capture that market opportunity and expand our footprint in terms of coverage.”
Total revenue for the quarter climbed to $2.16 billion, up 1% from $2.14 billion a year earlier.
The Pandora and Off-Platform segment posted revenue of $543 million, up 4% year-over-year, with off-platform advertising revenue specifically rising 5% to $413 million.
Citing the quarter’s momentum, SiriusXM raised its full-year 2026 guidance across all three of its key financial targets, including total revenue to approximately $8.525 billion.