Liberty SiriusXM Group announced unaudited earnings results for the third quarter ended September 30, 2016. Liberty SiriusXM Group's revenue increased 10% to $1.3 billion in the third quarter, operating income increased 12% to $367 million and adjusted OIBDA increased 7% to $482 million. The increases in revenue, operating income and adjusted OIBDA were primarily attributable to an increase in the daily weighted average number of subscribers and an increase in SiriusXM’s average monthly revenue per subscriber due to select price changes and the mix of pricing plans. In the third quarter, $14 million of corporate level selling, general and administrative expense (including stock-based compensation expense) was allocated to the Liberty SiriusXM Group. Third quarter net income rose 16% to $194 million and adjusted EBITDA grew 10% to $492 million. Operating income was $367 million against $328 million a year ago.