Who Owns Sirius XM?
Sirius XM is owned by Liberty Media Corporation. Liberty Media is a media, communications, and entertainment conglomerate based in Englewood, Colorado. The company owns a variety of assets, including Sirius XM, Formula 1, and Live Nation. Although Liberty Media has announced big changes coming to the Sirius XM business and ownership structure in late 2024.
Liberty Media Business Segments
Liberty Media reports three major business segments at the start of 2024: Sirius XM, Formula One, and Live Nation. While Liberty Media Corp files a single 10-K with the Securities and Exchange Commission (SEC), it has an unusual structure.
Sirius XM Business Structure
Sirius XM itself has a complex structure supporting a variety of businesses.
Sirius XM
Sirius XM is a satellite radio company that provides music, news, sports, and talk radio to subscribers. The company has a variety of channels and programming options, including exclusive content and live broadcasts.
Pandora
Pandora is a music streaming service that was acquired by Sirius XM in 2019. The service offers personalized music recommendations and playlists to users based on their listening habits.
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