Description

Sirius XM Holdings Inc. functions as a radio broadcasting company, headquartered in New York City, New York, with a workforce of 2,699 full-time employees. Subscribers access a wide array of music and other channels, along with features like SiriusXM On Demand and MySXM, through its internet radio service. This digital platform is available via applications on mobile, home, and other consumer electronic devices. The company also delivers connected vehicle services and is innovating with 360L, a forthcoming product set to integrate its satellite and internet offerings into a unified in-vehicle entertainment experience. Additionally, Sirius XM supplies satellite radio services to customers of certain rental car firms. Its internet radio service distinguishes itself by offering exclusive channels and features not found on its satellite counterpart. As of December 31, 2016, the company operated a fleet of five satellites: SIRIUS FM-5, SIRIUS FM-6, XM-3, XM-4, and XM-5.