SiriusXM’s subscriber base has been slowly contracting, with the company reporting 33 million paid subscribers in the third quarter of 2025, some 100,000 fewer than the year before. It is battling a saturated satellite market and competition from free, ad-supported platforms like Spotify.

“I am happy to announce that I have figured out a way to have it all,” he said. “The announcement is that we’re going to be partnering with SiriusXM and [will] continue to entertain for the next three...