Only a year after the launch of the app, which failed to take off with its intended audience, the company decided to re-emphasize its strong suit: in-car listening.
The satellite radio giant also announce the departure of its chief product and technology officer and the hiring of a chief operating officer.
Check out a bit of the exclusive interview that will debut on Thursday (Nov. 28) on the Life With John Mayer channel.
The audio entertainment giant's merger with parent company Liberty Media's tracking stock in September triggered a $3.36 billion write-down of certain assets.
Ayra Starr, Elyanna, TINI and a puppet rock band joined Coldplay at Brooklyn's Music Hall of Williamsburg.
The rights organization says the satellite radio giant must pay more, partly because of a shift in its business model toward more digital streaming.
The merger and reverse stock split simplified the audio entertainment giant's financial structure, executives said.
The move beefs up the satellite radio giant's podcast business, which also has deals with Conan O'Brien's Team Coco and SmartLess Media.
The Billboard Global Music Index fell 1.1% to 1,739.18, bringing its year-to-date gain to 13.4%, amid overall sharp declines in U.S. stock markets.
The decrease, though better than the same quarter last year, contributed to an overall 3% decline in the company's quarterly revenues.
