4-24-14
By adding 266,799 net subscribers in the first quarter, SiriusXM is close to 26 million paid subscribers. Twenty-six percent of all automobiles on the road now have a SiriusXM radio receiver. There were 2.4 million new cars and 1 million used cars that took advantage of the free SiriusXM trial. Sirius expects a total of 11 million new car trials in 2014 that they will try to convert to paid subscribers. The company expects to increase subs by 1.25 million and bring in $4 billion in revenue in 2014.
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