Sirius XM Canada

Sirius XM Canada Holdings Inc.
Company typePrivate
IndustryBroadcasting
Founded2011 (2011)
HeadquartersToronto, Ontario, Canada
Key people
Anthony Viner (Chairman)
Mark Redmond (CEO)
ProductsSatellite radio
Telematics
Internet radio
Revenue $303 million CAD (2014)[1]
OwnerSirius XM (33.0%)[2]
Slaight Communications (33.5%)[2]
John Bitove (33.5%)[2]
Websitewww.siriusxm.ca

Sirius XM Canada Holdings Inc.[2] (commonly referred to as Sirius XM Canada; normally stylized SiriusXM) is a Canadian broadcasting company which distributes the services of American satellite radio provider Sirius XM in Canada.

The current company was formed on June 21, 2011, following the Canadian Radio-television and Telecommunications Commission's April 2011 approval to merge the formerly distinct XM Radio Canada and Sirius Canada services.[3][4] This followed the 2008 merger of XM Satellite Radio and Sirius Satellite Radio in the United States.

Following a subsequent privatization transaction, majority voting control was split between Slaight Communications and John Bitove, two of the primary Canadian investors of the original Sirius Canada and XM Canada services respectively. Due to Canadian broadcasting ownership regulations, the U.S. company Sirius XM Holdings is limited to a 33% voting interest in the Canadian firm, but holds 70% of the equity.[2][5]

  1. ^ "Sirius XM Canada Holdings Inc Reports Fiscal 2014 Results," Newswire, October 30, 2014.
  2. ^ a b c d e "Ownership Chart 214 - Sirius XM - Subscription Satellite Radio" (PDF). Canadian Radio-television Communications Commission. April 12, 2023. Retrieved July 20, 2023.
  3. ^ "Sirius Canada and XM Canada Complete Merger". Broadcaster, June 21, 2011.
  4. ^ CRTC Decision 2011-240.
  5. ^ Cite error: The named reference crtc-2017-recap was invoked but never defined (see the help page).

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