02.01.2025 16:30:00
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Is There Life After Howard Stern for Sirius XM Investors in 2025?
Sirius XM Holdings (NASDAQ: SIRI) investors had a hectic 2024 that saw the shares surrender more than half of their value. This year isn't going to be any less of a nail-biter. Howard Stern put Sirius Satellite Radio on the map when he took his popular terrestrial radio morning show to the upstart platform 19 years ago. After signing four five-year deals, there's a fair chance he retires at the end of 2025 or the satellite radio platform decides to go in a different direction.Sirius XM has been arming itself for the inevitable departure of Stern, who will be nearly 72 by the time his current deal ends in December. There may not be any clarity on the situation until much later this year, unless Stern makes his intentions known on the air sooner rather than later. The last five-year deal wasn't finalized until December of 2020, weeks before the end of the term.How badly does Sirius XM need its most iconic on-air personality? Can the platform get out of its recent growth funk even if it manages to keep him around a little longer? Let's take a closer look at the situation, and what this means for Sirius XM's slammed shareholders.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Sirius XM Inc | 2,49 | 1,51% |