44.7% of SiriusXM’s Promotionally-acquired Subscribers Keep Paying
According to data-crunching from Brad Alvarez of SeekingAlpha.com, 47.1% of new subscribers SiriusXM acquired through promotions last quarter, continued to pay for service after their promo term ended. That’s a moderately high stick rate for paid content subscriptions. The most surprising data in Brad’s report was that SiriusXM has a typical monthly churn rate of just 1.2-2%.That’s insanely low churn. In fact, we’re not sure how that’s possible unless 100% of “involuntary churn” is backed out of…
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