"We look forward to working with the Senate Leadership and lead sponsors Senators Markey and Cruz, to finish the job, send this legislation to the President’s desk, and ensure AM radio remains available to listeners and communities across America."
SiriusXM is coming off a quarter in which it reported adjusted EBITDA of $693 million, a figure that was down 7% year-over-year and attributed to diminished subscriber revenue.
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"From uniting teams and better aligning initiatives, to investing in new technologies that will power our transformation, we are focused on increasing efficiencies and redeploying resources to support the strategic priorities of our business.”
"We look forward to working with the Senate Leadership and lead sponsors Senators Markey and Cruz, to finish the job, send this legislation to the President’s desk, and ensure AM radio remains available to listeners and communities across America."