Audio entertainment giant SiriusXM, the home of Howard Stern, said on Wednesday that it added self-paying subscribers in its satellite radio unit during the first quarter, but its user count dropped due to a decline in promotional customers.
The company added 113,000 net self-pay subscribers in its Pandora music streaming business,ending the first quarter with 6.4 million total users, compared with nearly 6.3 million as of the end of 2020.
The audio giant, controlled by John Malone's Liberty Media, saidthat at its core SiriusXM business self-pay subscriber net additions came to 126,000 in the opening quarter of 2021, compared with 69,000 in the year-ago period.
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