Sirius XM Holdings Inc at Goldman Sachs Communacopia Conference (Virtual) Transcript

Sep 22, 2021 / 03:20PM GMT
Stephen Neild Laszczyk - Goldman Sachs Group, Inc., Research Division - Research Analyst

Okay. Thanks, everyone, for taking the time to join us today. My name is Stephen Laszczyk, and I'm the lead analyst for the music, sports and live events sector here at Goldman Sachs. We are excited to welcome to Communacopia this year, Sean Sullivan, Chief Financial Officer of Sirius XM. Sean, thanks for being with us today.

Sean S. Sullivan - Sirius XM Holdings Inc. - Executive VP & CFO

Thanks, Stephen. Great to be here.

Questions and Answers:

Stephen Neild Laszczyk - Goldman Sachs Group, Inc., Research Division - Research Analyst

Great. So I was hoping we could start off by talking about some of the key drivers of your satellite business. Sirius is off to a solid start this year. Subscriber net adds have totaled nearly 500,000. Churn is at a record low. And last quarter, you increased your full year guidance across the board. With that as a backdrop, I was hoping you could talk more about the momentum you're seeing in
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