SiriusXM is the largest audio subscription company in North America, with about 33 million paid subscribers. Based in New York, it broadcasts music, sports, talk, news and comedy channels by satellite and streaming, owns the Pandora music service, and runs one of the larger podcast and audio advertising businesses in the United States. Berkshire Hathaway owns roughly 37% of the company. The company is headquartered in New York City, New York.
SiriusXM makes money in two segments. The SiriusXM segment, its largest, sells monthly satellite and streaming subscriptions, mostly to drivers who first meet the service through a trial on a factory-installed radio, and also earns advertising and equipment revenue. The Pandora and Off-platform segment earns mainly advertising revenue from Pandora's free tier and from podcasts sold through SiriusXM Media and the AdsWizz ad-tech platform, plus Pandora Plus and Premium subscriptions. Subscriber ARPU was $15.32 in Q2 2026.