Sirius XM Holdings Inc at Deutsche Bank Media, Internet & Telecom Conference Transcript

Mar 07, 2024

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Feb 28, 2023 / 07:40PM GMT
Bryan D. Kraft - Deutsche Bank AG, Research Division - Senior Analyst

All right. Thanks, everyone, for coming. Really happy to introduce Sean Sullivan, who is the CFO of SiriusXM. Sean, thanks for joining us.

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

Thanks, Bryan. Thanks for having me.

Questions and Answers:

Bryan D. Kraft - Deutsche Bank AG, Research Division - Senior Analyst

Why don't we just maybe start off with just talking about your 2023 guidance, it Is obviously heavily impacted by the combination of macroeconomic pressures, including weak ad market, weak auto sales as well as some company-specific factors, including higher satellite CapEx and music royalties.

Do you want to maybe just start off by walking us through some of the moving pieces that are affecting the guidance for this year?

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

Sure. No, happy to. So maybe we start with the macro factors in terms

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