SiriusXM

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SiriusXM

Basic information
Founded	1990
Type	Public
Industry	Radio
Official website	https://siriusxm.com

SiriusXM (also known as SiriusXM Holdings) is a radio streaming service founded in 1990 by David Margolese and Martine Rothblatt The company went public on September 13, 1994.

Consumer impact summary

Overview of concerns that arise from the company's conduct regarding (if applicable):

• User Freedom
• User Privacy
• Business Model
• Market Control

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Incidents

This is a list of all consumer protection incidents this company is involved in. Any incidents not mentioned here can be found in the SiriusXM category.

Lifetime licenses (2019)

In 2019, a lawsuit was filed alleging the lifetime memberships that costed $357-$755 should be good for the life of the consumer rather than the device itself. The lawsuit was settled in 2021, with 964,000 individuals receiving $421.5 million in benefits.

A similar suit was filed in 2020, but was later dismissed and settled out of court in 2022. SiriusXM no longer offers lifetime memberships.

Subscription cancellation (2024)

In November 2024, a New York judge found SiriusXM liable for the “long and burdensome” process of cancelling a SiriusXM subscription, which violated the Restore Online Shoppers' Confidence Act. The lawsuit was filed in December 2023 and it was reported it took 11 minutes to cancel over phone and 30 minutes to do so online.

Products

• Pandora (January 2000)

See also

• Stellantis In Car Advertisements