SiriusXM and FOX News Extend Broadcast Agreement
Long term agreement makes SiriusXM exclusive audio home for FOX
News and FOX Business Network
FOX News and FOX Business Network, along with FOX News Talk, to
stream on SiriusXM Internet Radio
NEW YORK--(BUSINESS WIRE)--
Sirius XM Radio (NASDAQ: SIRI) and FOX News today announced a new
agreement to carry FOX News through August 2019. In addition, as part of
the new agreement, SiriusXM will broadcast FOX Business Network.
SiriusXM will be the exclusive audio home for broadcasts of FOX News and
FOX Business Network for its more than 25 million subscribers. As part
of the agreement, SiriusXM will add both channels to its SiriusXM
Internet Radio channel lineup for the first time.
FOX News, the No. 1 cable news network, with more viewers than all other
cable news networks combined, will continue to air on SiriusXM channel
114, and will be available on SiriusXM Internet Radio through the
SiriusXM Internet Radio App on smart phones and other connected devices,
and online at siriusxm.com. FOX Business Network will be available for
the first time to subscribers via satellite and SiriusXM Internet Radio
The new agreement also includes the addition of FOX News Talk to the
SiriusXM Internet Radio service. FOX News Talk, which offers news,
analysis, listener call-ins, and commentary from popular FOX News
personalities such as Brian Kilmeade, John Gibson and Alan Colmes, among
others, will be available online at SiriusXM Internet Radio and through
the SiriusXM Internet Radio App on smart phones and other connected
Roger Ailes, Chairman and CEO, FOX News stated, "Our viewers love the
ability to keep the connection with FOX News Channel, even while they're
in the car with SiriusXM. This agreement not only ensures that will
continue but expands it to our FOX Business Network viewers and restores
the FOX News Talk channel to SiriusXM subscribers on their computers and
smart phones. This is good for FOX News, for SiriusXM and for the people
we both work for, the American public."
"We are very happy to be the exclusive audio provider of FOX News and
FOX Business Network, and to be able to bring them to our subscribers,
on satellite and for the first time through our streaming platform via
our App and online, for many years to come," said Jim Meyer, CEO,
SiriusXM. "FOX News is an undeniable force in news, and its
personalities attract a large audience nationwide. Keeping its
distinctive voice in our powerful program offering, and adding those of
FOX Business and FOX News Talk to our lineup of news channels, further
expands their availability to a nation of listeners."
For more information, visit www.siriusxm.com.
About FOX News
Owned by 21st Century Fox, FOX News operates the FOX News
Channel (FNC), FOX Business Network (FBN), FOX News Radio, which
encompasses FOX News Talk, and FOXNews.com. It also produces FOX News
Sunday on FOX Broadcasting Company and FOX News Edge. A top five
cable network, FNC has been the most watched news channel in the country
for more than eleven years and according to Public Policy Polling, is
the most trusted television news source in the country. FNC is available
in more than 90 million homes and dominates the cable news landscape
while routinely notching the top ten programs in the genre.
About Sirius XM Radio
XM Radio Inc. is the world's largest radio broadcaster measured by
revenue and has more than 25 million subscribers. SiriusXM creates and
broadcasts commercial-free music; premier sports talk and live events;
comedy; news; exclusive talk and entertainment; and the most
comprehensive Latin music, sports and talk programming in radio.
SiriusXM is available in vehicles from every major car company in the
U.S., from retailers nationwide, and online at siriusxm.com.
SiriusXM programming is also available through the SiriusXM
Internet Radio App for Android,
smartphones and other connected devices. SiriusXM also holds a minority
interest in SiriusXM
Canada which has more than 2 million subscribers.
On social media, join the SiriusXM community on Facebook,facebook.com/siriusxm,
and YouTube at youtube.com/siriusxm.
This communication contains "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. Such
statements include, but are not limited to, statements about future
financial and operating results, our plans, objectives, expectations and
intentions with respect to future operations, products and services; and
other statements identified by words such as "will likely result," "are
expected to," "will continue," "is anticipated," "estimated," "believe,"
"intend," "plan," "projection," "outlook" or words of similar meaning.
Such forward-looking statements are based upon the current beliefs
and expectations of our management and are inherently subject to
significant business, economic and competitive uncertainties and
contingencies, many of which are difficult to predict and generally
beyond our control. Actual results may differ materially from the
results anticipated in these forward-looking statements.
The following factors, among others, could cause actual results to
differ materially from the anticipated results or other expectations
expressed in the forward-looking statements: our competitive position
versus other forms of radio and audio services; our dependence
upon automakers; general economic conditions; failure of our satellites,
which, in most cases, are not insured; our ability to attract and retain
subscribers at a profitable level; royalties we pay for music rights;
the unfavorable outcome of pending or future litigation; rapid
technological and industry change; failure of third parties to perform;
changes in consumer protection laws and their enforcement; and our
substantial indebtedness. Additional factors that could cause our
results to differ materially from those described in the forward-looking
statements can be found in our Annual Report on Form 10-K for the year
ended December 31, 2012, which is filed with the Securities and Exchange
Commission (the "SEC") and available at the SEC's Internet site (http://www.sec.gov).
The information set forth herein speaks only as of the date hereof,
and we disclaim any intention or obligation to update any forward
looking statements as a result of developments occurring after the date
of this communication.
Media Contact for SiriusXM:
Contacts for FOX News/FOX Business:
Source: FOX News
News Provided by Acquire Media
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