NEW YORK, Feb 17, 2006 (BUSINESS WIRE) -- SIRIUS Satellite Radio (NASDAQ: SIRI) today announced a new long term agreement to carry FOX News and FOX News Talk channels beginning March 14th.
The previous agreement between FOX and SIRIUS expired at the end of 2005. FOX News, which has more viewers than all other cable news networks combined, now rejoins SIRIUS' broad lineup of news and information at channel 131. FOX News Talk channel, which offers news, analysis, listener call-ins, and commentary from popular FOX News personalities such as Bill O'Reilly, Tony Snow, John Gibson and Alan Colmes, among others, will air on channel 145.
"We are very pleased to have reached an agreement with FOX to bring back its news service to SIRIUS and to add what is a compelling talk channel," said Scott Greenstein, SIRIUS President of Entertainment and Sports. "Our goal was to negotiate a new agreement that would be in the best interest of our subscribers and shareholders, and the new agreement fulfills that objective."
Kevin Magee, Senior Vice President, FOX News Radio said, "We are pleased to be back on SIRIUS. The renewed agreement adds to our coast-to-coast footprint for both FOX News Radio, as well as our popular talk shows, and reinforces FOX as America's fastest-growing radio news network."
About FOX News Radio:
FOX News, headed by Roger Ailes, Chairman and CEO, operates FOX News Radio, a 24/7 news service reaching more than ten million listeners a week. The network features a comprehensive hourly five-minute newscast along with one-minute newscasts, breaking-news coverage to affiliate stations nationwide, and four weekday talk programs, The Tony Snow Show, The Alan Colmes Show, The John Gibson Show and FOX Across America with Spencer Hughes. Additionally, FOX News also operates FOX News Channel (FNC), the number one cable news channel in the United States for more than four years, FOXNews.com and produces FOX News Sunday with Chris Wallace and The Radio Factor with Bill O'Reilly.
SIRIUS delivers more than 125 channels of the best commercial-free music, compelling talk shows, news and information, and the most extensive sports programming to listeners across the country in digital quality sound. SIRIUS offers 68 channels of 100% commercial-free music, and features over 55 channels of sports, news, talk, entertainment, traffic and weather for a monthly subscription fee of only $12.95. SIRIUS is the Official Satellite Radio Partner of the NFL, NBA and NHL and broadcasts live play-by-play games of the NFL, NBA and NHL.
SIRIUS products for the car, truck, home, RV and boat are distributed by Alpine, Audiovox, Brix Group, Clarion, Delphi, Directed Electronics, Eclipse, Jensen, JVC, Kenwood, Magnadyne, Monster Cable, Pioneer, Russound, Tivoli and XACT Communications. Available in more than 25,000 retail locations, SIRIUS radios can be purchased at major retailers including Best Buy, Circuit City, Crutchfield, Costco, Target, Wal-Mart, Sam's Club, RadioShack and at shop.sirius.com.
SIRIUS radios are currently offered in vehicles from Audi, BMW, Chrysler, Dodge, Ford, Infiniti, Jaguar, Jeep(R), Land Rover, Lexus, Lincoln-Mercury, Mazda, Mercedes-Benz, MINI, Nissan, Scion, Toyota, Porsche, Volkswagen and Volvo. Hertz currently offers SIRIUS at major locations around the country.
Click on www.sirius.com to listen to SIRIUS live, or to find a SIRIUS retailer or car dealer in your area.
Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions, future events or performance with respect to SIRIUS Satellite Radio Inc. are not historical facts and may be forward-looking and, accordingly, such statements involve estimates, assumptions and uncertainties which could cause actual results to differ materially from those expressed in any forward-looking statements. Accordingly, any such statements are qualified in their entirety by reference to the factors discussed in our Annual Report on Form 10-K for the year ended December 31, 2004 filed with the Securities and Exchange Commission. Among the key factors that have a direct bearing on our operational results are: our dependence upon third parties, including manufacturers of SIRIUS radios, retailers, automakers and programming partners, our competitive position and any events which affect the useful life of our satellites.
SOURCE: SIRIUS Satellite Radio
Media: SIRIUS Patrick Reilly, 212-901-6646 Preilly@siriusradio.com or FOX News Dana Klinghoffer, 212-301-3534 Dana.Klinghoffer@FOXNEWS.COM
Copyright Business Wire 2006
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