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Sirius XM Holdings Inc. (NASDAQ:SIRI) Current on the UBS World Media and Communications Convention December 4, 2023 3:00 PM ET

Firm Contributors

Jennifer Witz – Chief Government Officer

Convention Name Contributors

Batya Levi – UBS

Batya Levi

Nice. I believe we’ll get began now. Thanks, everybody, for becoming a member of us. I am Batya Levi with the Communications and Media crew at UBS. And our subsequent speaker is Jennifer Witz, CEO of SiriusXM Holdings. Thanks a lot for becoming a member of us as we speak.

Jennifer Witz

Thanks for having me Batya. Good to see you right here.

Query-and-Reply Session

Q – Batya Levi

With each session, we have been beginning, and it is that point of the yr, type of like looking to 24, and in the event you might speak about what your essential priorities could be?

Jennifer Witz

Certain. Our main goal for ’24 is setting ourselves up for future development. We’ll proceed to innovate, improve the person expertise on the platform that we’re launching in simply a few weeks now, our SiriusXM next-generation platform, it launches first, on streaming. We now have a brand new streaming merchandise market at the moment after which it’s going to roll via actually the remainder of our merchandise after that as we transfer via subsequent yr. So, we’ll transfer over our in-car enterprise to the brand new tech stack, form of the center of subsequent yr. After which we’re wanting or at the very least focusing on to maneuver Pandora over to the brand new platform as nicely on the finish of subsequent yr.

So actually, it gives us the chance to develop each subscribers, subscription income, and promoting over time with this new platform in place, and I am positive we’ll discuss extra about that. However as well as, that is our main goal, however as well as, we’ll proceed to give attention to strategic value administration. We have talked somewhat bit about within the final

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