Business Segments | Company | Subsidiaries

Who Owns Sirius XM?

Who Owns Sirius XM?
Sirius XM Ownership Structure

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.

Liberty Media Business Segments [2024]
Discover complex structure behind Liberty Media. See who owns Formula One, Sirius XM, and Live Nation with innovative tracking stocks. See the structure in an ownership chart.

Read more about Liberty Media

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.

Other Services SiriusXM Podcast Network SiriusXM Media Distribution of Radios Pandora Premium Programming Satellites Sirius XM Holdings Pandora and Off-platform Liberty SiriusXM Group Liberty Live Group Simplecast Artificial Intelligence Satellites, Other AdsWizz, Inc. (“AdsWizz”) Studios The Sirius XM Business Terrestrial Repeaters 360L Radios Liberty Media Corporation Sirius XM Pandora Plus Satellite Radio Systems Streaming Service Ad-Supported Streaming & On-Demand Formula One Group Connected Vehicle Services Canada Holdings Inc. Other Satellite Facilities Satellite Insurance Equity 80% Equity 70% Voting 33% Note: This chart shows selected ownership, management, and governance information based on public filings and information about the entities. The chart might not reflect actual legal entities or relationships accurately. Do not rely on this chart for financial, legal, or investment advice. Sources: 10-Ks, Proxy Statements and related information. Berkman LLC. Copyright 2024.


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.

This chart is made with Lexchart for automatic organization charts.

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