Sirius XM's Turmoil: Canceling Subs, CFO Shuffle, and Still No Decent Music?

Alright, let's get this straight. Sirius XM, or whatever they're calling themselves this week, is a mess. A total, unmitigated disaster. Between the Megyn Kelly debacle and a CFO change that nobody asked for, it's hard to figure out what's more tone deaf – their programming or their executive decisions.

Megyn Kelly's Epstein Apology Tour (Again?)

So, Megyn Kelly is at it again, huh? This time, she's "just asking questions" about the ages of Epstein's victims. "Barely legal type," she says. Give me a break. It's disgusting, and the fact that Sirius XM is platforming this garbage is even worse. People are cancelling their subscriptions, and honestly, can you blame them? Sirius XM Subscribers Threaten to Cancel Over Megyn Kelly’s Epstein Claims

One user on Threads put it perfectly: "Let's not debate what is or what is not pedophilia. Let's believe the victims." Simple, right? Apparently not for Kelly and the geniuses at Sirius XM who keep her mic hot.

And it's not just a few disgruntled Twitter users, either. People are posting step-by-step guides on Reddit about how to cancel their Sirius XM subscriptions. That's when you know you've really screwed up. The backlash is real, and it's hitting Sirius XM where it hurts – their bottom line.

But here's the real question: Why is Sirius XM giving this woman a platform in the first place? Is it for the controversy? Do they think this is some kind of brilliant marketing strategy? Because if it is, it's failing spectacularly.

The CFO Shuffle: Deck Chairs on the Titanic?

And then there's the CFO change. Zac Coughlin is coming in to replace Tom Barry in 2026. Okay, great. But let's be real, does anyone actually care? Sure, Coughlin has "nearly three decades of global financial expertise," but can he fix the fact that Sirius XM is hemorrhaging subscribers faster than I lose socks in the dryer? I doubt it.

The company is still trying to push this narrative that they're going to hit $8.6 billion in revenue by 2028. They expect us to believe that some new guy in accounting is going to magically turn things around when the core problem is that their service is outdated and overpriced.

They're projecting a modest annual revenue decline of 0.1%. Modest? When your entire business model is based on subscriptions, any decline is a disaster. It's like saying your house is only "slightly" on fire.

And the analysts? Don't even get me started. They're all over the place, with fair value estimates ranging from $24 to over $72 per share. It's like they're just pulling numbers out of thin air. Maybe I'm the crazy one here.

I mean, what is Coughlin going to do, wave a magic wand and make Spotify disappear? Probably not. He'll probably just cut costs, lay off some employees, and pat himself on the back for a job well done while the ship continues to sink.

Still No Decent Music, Though

But let's talk about what really matters: the music. Or, more accurately, the lack thereof. I swear, Sirius xm radio could have all the financial wizards and controversy-stoking talking heads in the world, but it wouldn't matter if the actual content wasn't garbage.

The playlists are stale, the channels are repetitive, and the "exclusive" content is anything but. And don't even get me started on the ads. It's like they're specifically designed to be as annoying as possible.

And the outages! Remember that widespread outage? Sirius xm listeners couldn't even listen to their favorite tunes during their morning commutes. What is this, the stone age? You're a satellite radio company. Get your act together.

Is Anyone Actually Steering This Ship?

Sirius XM is a company adrift, tossed about by controversies and leadership changes while the core product continues to rot. They need more than a new CFO or a PR apology; they need a complete overhaul from the ground up.

So, What's the Real Story?

The real story is that Sirius XM is a dinosaur, slowly but surely heading towards extinction. They're clinging to a business model that's outdated, and they're making all the wrong moves. Unless they pull a rabbit out of a hat, I don't see a happy ending for this company.