Trump Media posts $409.7 million profit as revenue climbs 205%
Truth API subscriptions contributed $1.8 million in revenue, while gains on digital assets and investments accounted for most of the profit.
SiriusXM taps Tubi chief Anjali Sud to succeed Jennifer Witz
Sud will become CEO on January 1, 2027, while Witz will continue as an adviser through year-end 2027.
SiriusXM said on November 9 that Anjali Sud, who leads Fox-owned streaming service Tubi, will become its chief executive effective January 1, 2027. The appointment comes as the satellite radio company faces a shift in listening toward streaming.
Sud joined the SiriusXM board as an independent director in March 2025 and will retain her seat when she takes the top job. She has run Tubi since 2023, following an earlier stint as CEO of video platform Vimeo.
Outgoing CEO Jennifer Witz is stepping down after almost 25 years with SiriusXM, nearly six of them as chief executive. She will continue advising the company through year-end 2027.
The largest U.S. satellite radio company has struggled to adapt as listeners increasingly choose streaming. Its third-quarter revenue was $2.15 billion, compared with the $2.16 billion analysts had expected, based on estimates compiled by LSEG.