SiriusXM’s Solid Quarter Shows Benefits of the Subscription Model: Analysis Plus 5 Burning Questions

SiriusXM’s second quarter showed the stark contrast between subscription and advertising-supported businesses during the pandemic. CEO Jim Meyer emphasized this point during Thursday’s earnings call by saying “business models matter, and our business model is very resilient.”
Satellite radio and streaming subscriptions survived a 32.7% decline in Q2 G.D.P., a record spike in unemployment and a 48% decline in April auto sales (and smaller declines in May and June). SiriusX