Can Sirius XM Succeed in Streaming Without Pandora?
It’s hard to argue with SiriusXM Radio’s recent results. Subscribers have exceeded 30.6 million and continue to grow at 8% a year. Revenue was up 11%, and the company continues to generate more revenue per every user it has. The company is spinning off more than $1.4 billion in free cash flow, and most of its big, long-term expenses are in the rear view. Still, when it comes to streaming, the concern is really more about the company’s long-term strategy. Satellite is very much a “now” technology. Streaming looks like a better bet for the future — and that can leave investors uneasy. – John-Erik Koslosky , The Motley Fool http://ift.tt/2bpcQqF