Exhibit 99.1

SiriusXM Reports Fourth Quarter and Full-Year 2016 Results
2016 Revenue Climbs 10% to $5.0 Billion
Net Subscriber Growth in 2016 of 1.75 Million
Company Beats 2016 Guidance on All Metrics
Net Income Rises 46% to $746 Million and Adjusted EBITDA Grows 13% to $1.88 Billion in 2016
2016 Operating Cash Flow Grew 38% to $1.72 Billion and Free Cash Flow Rises 15% to $1.51 Billion

NEW YORK – February 2, 2017 SiriusXM today announced fourth quarter and full-year 2016 operating and financial results, including record revenue of $1.3 billion and $5.0 billion, respectively, up 9% and 10% versus the prior year periods.
Net income totaled $205 million and $746 million in the fourth quarter and full-year 2016, respectively, up 52% and 46% from $135 million and $510 million in the fourth quarter and full-year 2015, respectively. Net income per diluted common share was $0.04 and $0.15 in the fourth quarter and full-year 2016, respectively, compared to $0.03 and $0.09 in the fourth quarter and full-year 2015, respectively. Adjusted EBITDA grew 20% and 13% in the fourth quarter and full-year 2016, respectively, to $475 million and $1.88 billion. Free cash flow and operating cash flow in the fourth quarter grew 44% and 47%, respectively, to $429 million and $503 million. Full-year 2016 free cash flow and operating cash flow grew 15% and 38%, respectively, to $1.51 billion and $1.72 billion.
“Last year was a phenomenal year for SiriusXM’s business, and we expect continued success in 2017. We finished ahead of our guidance across the board, with record revenue, adjusted EBITDA and free cash flow. With more than 31 million subscribers, SiriusXM has never had more paying customers. We've issued guidance for continued growth in 2017, and we expect a record adjusted EBITDA of more than $2 billion,” said Jim Meyer, Chief Executive Officer, SiriusXM.
“We will continue to challenge ourselves to provide our subscribers the very best audio content in an easy-to-use package. We have launched an exclusive 24/7 channel, “FOX Sports on SiriusXM,” and we’ve started a daily show with the wildly popular Barstool Sports. We added a new daily talk show with Craig Ferguson, and launched a new daily music show, "Hits 1 in Hollywood", broadcasting live from SiriusXM’s Los Angeles studios. We also provided our subscribers access to one-of-a-kind events, such as Bon Jovi live in Miami. We never stand still in our quest to have the freshest, most relevant content in the audio entertainment industry, from music to sports to talk to comedy and beyond,” added Meyer.
SiriusXM Subscribers Exceed 31 Million. The company added over 1.75 million net new subscribers during 2016 to end the year with approximately 31.3 million subscribers. Self-pay net additions were 1.66 million during the year, resulting in self-pay subscribers of nearly 26 million at December 31, 2016.
Strong Revenue Growth and Record ARPU. Annual revenue climbed 10% to a record $5.0 billion. The growth was driven by a 6% increase in subscribers and a 3% increase in average revenue per user (ARPU) to $12.91.
Record Adjusted EBITDA. Adjusted EBITDA in 2016 totaled $1.88 billion, a record high, and up 13% from $1.66 billion in 2015. Adjusted EBITDA margin was 37.3% in 2016, a 110 basis point increase from 36.2% in 2015.
Free Cash Flow Tops $1.5 Billion. Free cash flow for 2016 totaled $1.51 billion, up 15% from $1.32 billion in 2015. Operating cash flow for 2016 totaled $1.72 billion, up 38% from 2015.

The following information was filed by Sirius Xm Holdings Inc. (SIRI) on Thursday, February 2, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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