Sirius XM Holdings Inc at Bank of America Merrill Lynch Best of SMID Cap Ideas Conference Transcript
Good morning, everybody. This is Jessica Reif Ehrlich. I'm the media and entertainment analyst (inaudible) Bank of America Securities. And I'm thrilled to have David Frear, CFO of Sirius XM, with us today.
So with tons of questions, we'll stop towards the end to see if there are questions from the audience. But if not, I've got tons of my own. So David, thank you so much for joining us today, and let us just get into it.
Sounds good.
Questions & Answers
So while Sirius XM -- thank you. So while Sirius XM is a brand familiar to many consumers with nearly 35 million subscribers at your legacy business and roughly 60 million active users at Pandora. Today's audience is mid-cap, is not necessarily focused solely on media. So in light of that, perhaps you can start by providing a brief description of
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