Howard Stern Hosts Star-Studded SiriusXM Hollywood Launch

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HOLLYWOOD, CA. Oct. 10, 2019 /TheStockDork/ — Radio shock jock Howard Stern played ringmaster at the grand opening of SiriusXM (SIRI) Hollywood Studios, leading a whos-who roster of A-list celebrities

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Kevin Mazur/Getty Images for SiriusXM

In his first West Coast broadcast in over 20 years, Stern chatted with Jennifer Aniston, Rober Downey Jr., Jimmy Kimmel, Adam Levine, and Arnold Schwarzeneggar. Other guest interviews will be featured in upcoming shows, including a 75-minute interview with Demi Moore. Levine and bandmate James Valentine performed Maroon 5’s new song “memories” in honor of the band’s recently deceased manager. Stern also talked with Snoop Dogg and Seth Rogan in an interview that will be featured in a later show.

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Stern interviewed Arnold Schwarzenegger at the event.

SiriusXM Goes Hollywood

SiriusXM will launch a wave of new content of its new studio in Hollywood. The Hollywood studio is located in a bustling Los Angeles media community, and the complex even houses an on-site performing space for subscriber-only concerts. Dubbed ‘The Garage’, the studio already hosted a performance from Dave Matthews Band that aired exclusively to SiriusXM subscribers.

Jason Kaplan / SiriusXM’s “The Howard Stern Show”

In a company press release, SiriusXM President and Chief Content Officer Scott Greenstein explained why Stern was a natural choice to host the event. “We knew there was only one way to launch SiriusXM Hollywood. It could only have been Howard Stern,” said Greenstein, “Howard has never been bigger and brought the excitement, skill, energy, and star power to our new Los Angeles headquarters that put us instantly at the forefront of Hollywood media. Now that our official launch has been an unparalleled success, we’re looking forward to delivering more world-class entertainment across talk, comedy, and music to our 100 million SiriusXM and Pandora listeners from SiriusXM Hollywood.”

More On SiriusXM (SIRI)

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SIRI shareholders took a wild ride this year. Share prices fluctuated wildly over the past 12 months. However, the stock continues to follow a strong uptrend that began after it bottomed in June. If you bought SIRI at its June lows, you’d be sitting on an 18.6% gain if you sold it today. This stock is very close to its 52-week highs so it may not be the best time to enter into a trade. As you can see, SIRI has a history of drastic downside moves and there is not a lot of technical support below $6.

Earnings

SIRI posted a one-cent EPS beat on its Q2 earnings report, although the company missed estimates for the first quarter of 2019 by two cents EPS. SIRI’s will report Q3 earnings on October 31st. The company is projecting EPS growth of 23.81% next year.

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If you’re interested in purchasing shares of SIRI, be sure to do your due diligence and consult with a financial advisor before making any large investments.

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Chris Dios is an American writer and entrepreneur based in the Greater NYC area.

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