The success of Sirius continues. Check out all of the info from Billboard below:

The satellite radio company announced on Wednesday that net additions in the third quarter jumped 34% to 445,921% from 3334,000 in the prior-year period. Sirius ended the third quarter with 23.36 million subscribers compared to 21.35 at the same point a year ago.

Sirius CEO Mel Karmazin called the subscriber growth the best third quarter since the merger. The company will release earnings for the third quarter on Oct. 30.

Sirius XM bears little resemblance to its financially challenged predecessors, Sirius and XM. The company earned a net income before taxes of $248 million and $255 million in the first six months of 2012 and 2011, respectively. That’s a run rate of more than $1 billion in earnings. Not bad for a company that needed its royalties lowered by the Copyright Royalty Board in 2007.

Although it has improved its cash position, Sirius XM has been trying to lower the royalties it pays for the performance of sound recordings. It reached out to record labels in hopes of negotiating direct licenses in 2011. In a letter to record labels from Music Reports, Sirius XM offered to pay 7% of gross revenues. Sirius XM pays 7.5% of revenues to SoundExchange this year and will pay 8% next year, although SoundExchange distributes 50% to labels and 45% directly to artists.