Sirius XM Radio Inc (SIRI): This Week in The Company

This is all great news for Sirius XM, which relies on new cars with factory-installed satellite receivers. Since 44% of the buyers of cars with receivers wind up sticking around as self-paying customers, there’s nothing as encouraging for Sirius XM’s long-term success than healthy auto sales.

Unboxing Pandora Media Inc (NYSE:P)
How is Pandora Media Inc (NYSE:P) not like a pterodactyl? The “P” is no longer silent.

Get it? P is Pandora’s ticker symbol? The company’s making a lot of noise as it moves higher these days?

Oh, well. You’re a tough crowd. Let’s move on.

The popular music-discovery service with nearly 68 million unique monthly users is getting even stickier. The service came up on a graph during Facebook Inc (NASDAQ:FB)‘s media event on Thursday to roll out its new Android-based Facebook Inc (NASDAQ:FB) Home platform.

Facebook was pointing out how social has become a major part of the smartphone experience, and it proved the point by showing that Facebook and its own photo-sharing platform, Instagram, are the first and third most used mobile apps. Who was wedged in the middle? Yes, that’s right — Pandora.

Music streaming is huge, making this an ideal time for Sirius XM to make a bigger play the way it did earlier this year, with the rollout of personalized radio.

An NPD Group Music Acquisition Monitor study that surveyed thousands of consumers reveals that Pandora and smaller rivals accounted for 23% of the time that folks between 13 to 35 spent listening to music during last year’s fourth quarter. Music-streaming sites ate up just 17% of the music listening a year earlier.

And the beat goes on.

The article This Week in Sirius XM Radio originally appeared on Fool.com.

Longtime Fool contributor Rick Munarriz owns shares of Ford. The Motley Fool recommends and owns shares of Facebook and Ford.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.