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Sirius XM's (SIRI) CEO Jennifer Witz Presents at Morgan Stanley Technology, Media and Telecom (Transcript)

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Sirius XM Holdings Inc. (NASDAQ:SIRI) Morgan Stanley Technology, Media and Telecom March 1, 2021 10:15 AM ET

Company Participants

Jennifer Witz – Chief Executive Officer

Conference Call Participants

Ben Swinburne – Morgan Stanley

Ben Swinburne

Good morning, everybody welcome back. I’m Ben Swinburne Morgan Stanley's media analyst. Welcome back to our next session here at the 2021 TMT Conference. Just a quick administrative item. Please note that important disclosures including my personal holdings disclosures, and Morgan Stanley disclosures all appear as a handout available in the registration area and on the Morgan Stanley public website.

And we'd like to welcome for the first time to our conference, Jennifer Witz. Jennifer is the newly appointed Chief Executive Officer of Sirius XM, where she has been for over 18 years working there. Prior to be being named CEO, Jennifer was most recently President of Sales, Marketing and Operations at the company.

Jennifer, it's great to see you. Thanks for being with us.

Jennifer Witz

Thank you, Ben. It's great to be here. Nice to see you again.

Ben Swinburne

Why don't we start – we've had sort of the same management team at Sirius XM for quite a long time. Jim, obviously did a fantastic job very well known on the Street. Could you talk a little bit now that you are in the CEO role, sort of where we should be focused in terms of your strategic priorities, both in 2021, but also as we move out of the pandemic and longer term?

Jennifer Witz

Sure. Well, I want to start first of all by saying, we're in an incredibly strong position overall. We have the largest paid subscriber base in audio in the U.S. with over 40 million subscribers across Sirius XM, Pandora, it'll reach over 150 million listeners, and we're the leader in digital audio advertising in

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Comments (3)

Cousin Vinnie profile picture
Whether at this conference, other conferences, there own earnings reports - ANYWHERE - the word "stock" is never mentioned. It hasn't been mentioned for many years! The topic of the stocks performance and price and any discussion of it is strictly prohibited. It makes you wonder just how sinister this Ponzi Scheme is, and how many people are involved. This company MUST face consequences for this blatant betrayal of their shareholders! Where the HELL is the SEC? The claim that they enforce a level playing field and exist for the protection of shareholders is a complete fallacy. The SEC condones criminals like Malone and Mafei. They are complicit and they aren't protecting anybody, except the hedge funds and billionaires. Witz is a continuation of Meyer; a subservient, ass kissing lackey who obeys the Master Malone and was hired only because she is willing to sell her soul for the right price, just like Meyer, who wasted hundreds of millions of dollars that could have gone to the shareholders. These people are sick, twisted and devious beyond description!
TJRyan profile picture
@Little BooBoo
Well said...I concur..
IF you do your due diligence you know what is going on with SIRI and
its majority owner PERIOD! I am a long term shareholder and subscriber.
I will continue the service and holding the shares and so will all the others.
Take your foul mouthed grievances to the many other stocks that
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