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Jim Meyer Coronavirus Entertainment performer pandemic 2020 Jim Meyer

SiriusXM Boosts 2020 Subscriber Forecast on "Strong" Demand

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hollywoodreporter.com
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Audio entertainment giant SiriusXM has raised its 2020 subscriber forecast ahead of an appearance by CEO Jim Meyer at a virtual investor conference on Wednesday.

SiriusXM now expects full-year self-pay subscriber net additions of approximately 700,000, up from 500,000. The company reiterated its financial guidance for the year. "Our business continues to demonstrate strong performance and favorable trends since we resumed providing our subscriber and financial guidance in conjunction with our second- quarter earnings report" following the initial hit from the novel coronavirus pandemic, Meyer said in a statement.

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