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Satellite radio company SiriusXM will lay off 475 employees, or 8% of their workforce, for the company’s long-term health and profitability.
After reporting its third quarter results, streaming audio subscription service Sirius XM increases its guidance for the full year 2020.
Satellite radio company SiriusXM announced they were increasing subscriber guidance to 700,000 from the 500,000 estimate previously provided.
In its Q2 2020 financials, Sirius XM reports strong subscriber numbers including 516K net new subscribers, bringing total subscribers to 34.3M.
Yesterday Scribd announced it is adding new premium content for subscribers, including free access to music, movies, documentaries, comics and more.

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