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February 2024 - Berkshire Hathaway Purchased $167 Million Worth of SiriusXM.
Does he know something the public doesn't? Like a proprietary tech coming soon?
Does he plan to attend SiriusXM shareholder meeting and help steer the ship in the right direction? (Possible?)
Right now the king of music stream service is Spotify with a whopping 602m users and SiriusXM a long distance 2nd with 39m users. I'm sure music creators wouldn't mind another legit option to make money. Or have another music stream competitor help drive up earnings.
What is he betting on?
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Ive heard its impossible to cancel. Thats a non-starter for me.