XM Satellite Radio and National Hockey League
Announce Long-Term Agreement
XM to Begin Broadcasting NHL Games in October 2005
NHL Chooses XM as Its Exclusive Satellite Radio Network Starting in 2007
NEW YORK and WASHINGTON, Sept. 12 /PRNewswire-FirstCall/ -- XM Satellite
Radio (Nasdaq: XMSR), the nation's leading satellite radio service with more
than 4.4 million subscribers, and the National Hockey League (NHL) today
announced a 10-year, $100-million agreement that makes XM the exclusive
satellite radio network of the NHL beginning with the 2007-2008 season.
XM will begin broadcasting NHL games with the launch of the new 2005-2006
season and will become the League's exclusive satellite radio broadcast
partner in 2007.
In addition to providing live play-by-play coverage of more than 1,000
games per season, XM will create a dedicated NHL radio channel featuring
original programming that will focus on all aspects of the sport. NHL games
and the NHL channel will be available in Canada through XM's partner, Canadian
Satellite Radio (CSR), which is funding a portion of the agreement. CSR has
been awarded a license to distribute satellite radio in Canada, as recently
approved by the Federal Cabinet.
"We are thrilled about the National Hockey League's decision to partner
with XM Satellite Radio," said Hugh Panero, President and CEO of XM Satellite
Radio. "The clear winners of this partnership are the millions of hockey fans
here in the U.S. and in Canada who are incredibly passionate about their
favorite NHL team, and will now be able to follow them regardless of where
they call home."
"We're delighted to have XM as our newest satellite radio partner," said
NHL Commissioner Gary Bettman. "At this exciting time in the League's
history, a new partnership with XM allows us to offer hockey fans
unprecedented NHL coverage on the nation's largest satellite radio service."
XM's comprehensive coverage of the NHL will include games from every team,
as well as the NHL All-Star Game, the Stanley Cup Playoffs and the Stanley Cup
Final. XM will start its NHL schedule with sweeping coverage of Opening Night
on October 5, 2005.
Panero continued, "XM and its Canadian partner CSR are excited to
participate in the resurgence of this great sport."
About XM Satellite Radio:
XM is America's number one satellite radio service with more than 4.4
million subscribers. Broadcasting live daily from studios in Washington, DC,
New York City and Nashville at the Country Music Hall of Fame, XM's 2005
lineup includes more than 150 digital channels of choice from coast to coast:
the most commercial-free music channels, plus premier sports, talk, comedy,
children's and entertainment programming; and 21 channels of the most advanced
traffic and weather information. XM was named Best Radio Service at the 2004
Billboard Digital Entertainment Awards.
XM, the leader in satellite-delivered entertainment and data services for
the automobile market through partnerships with General Motors, Honda, Toyota,
Hyundai, Nissan and Volkswagen/Audi, is available in more than 120 different
vehicle models for 2005. XM's industry-leading products are available at
consumer electronics retailers nationwide. For more information about XM
hardware, programming and partnerships, please visit http://www.xmradio.com .
About the NHL:
The National Hockey League, founded November 22, 1917, is the second
oldest of the four major team sports leagues in North America. Today, the NHL
consists of 30 Member Clubs based in the United States and Canada,
entertaining more than 100 million fans each season through attendance and
broadcasting, including a Sirius satellite radio broadcast partnership that
runs through the 2006-07 season. Research indicates that NHL fans are some of
the most tech savvy, educated and affluent in professional sports. The NHL
has one of the most diverse player demographics with more than 33 percent of
NHL players hailing from outside North America from 22 different countries.
Through the NHL Foundation, the League's charitable arm, the NHL raises money
and awareness for Hockey Fights Cancer, Hockey's All-Star Kids and NHL
Diversity, and supports the charitable efforts of all NHL players. NHL and
Stanley Cup are registered trademarks of the National Hockey League. For more
information on the NHL, fans may log on to NHL.com.
Factors that could cause actual results to differ materially from those in
the forward-looking statements in this press release include demand for XM
Satellite Radio's service, the Company's dependence on technology and third
party vendors, its potential need for additional financing, as well as other
risks described in XM Satellite Radio Holdings Inc.'s Form 8-K filed with the
Securities and Exchange Commission on 8-5-05. Copies of the filing are
available upon request from XM Radio's Investor Relations Department.
SOURCE XM Satellite Radio; National Hockey League
-0- 09/12/2005
/CONTACT: Nathaniel Brown, +1-917-913-4394, or Chance Patterson,
+1-202-380-4318, both of XM Satellite Radio; Susan Arons, +1-212-843-8033, or
Amy Glickman, +1-212-843-8063, both of Rubenstein Communications, for XM
Satellite Radio; or Jamey Horan of the NHL, +1-212-789-2785/
/First Call Analyst: /
/FCMN Contact: david.butler@xmradio.com /
/Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000724/XMSATLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk photodesk@prnewswire.com/
/Web site: http://www.xmradio.com
http://www.nhl.com /
(XMSR)
Announce Long-Term Agreement
XM to Begin Broadcasting NHL Games in October 2005
NHL Chooses XM as Its Exclusive Satellite Radio Network Starting in 2007
NEW YORK and WASHINGTON, Sept. 12 /PRNewswire-FirstCall/ -- XM Satellite
Radio (Nasdaq: XMSR), the nation's leading satellite radio service with more
than 4.4 million subscribers, and the National Hockey League (NHL) today
announced a 10-year, $100-million agreement that makes XM the exclusive
satellite radio network of the NHL beginning with the 2007-2008 season.
XM will begin broadcasting NHL games with the launch of the new 2005-2006
season and will become the League's exclusive satellite radio broadcast
partner in 2007.
In addition to providing live play-by-play coverage of more than 1,000
games per season, XM will create a dedicated NHL radio channel featuring
original programming that will focus on all aspects of the sport. NHL games
and the NHL channel will be available in Canada through XM's partner, Canadian
Satellite Radio (CSR), which is funding a portion of the agreement. CSR has
been awarded a license to distribute satellite radio in Canada, as recently
approved by the Federal Cabinet.
"We are thrilled about the National Hockey League's decision to partner
with XM Satellite Radio," said Hugh Panero, President and CEO of XM Satellite
Radio. "The clear winners of this partnership are the millions of hockey fans
here in the U.S. and in Canada who are incredibly passionate about their
favorite NHL team, and will now be able to follow them regardless of where
they call home."
"We're delighted to have XM as our newest satellite radio partner," said
NHL Commissioner Gary Bettman. "At this exciting time in the League's
history, a new partnership with XM allows us to offer hockey fans
unprecedented NHL coverage on the nation's largest satellite radio service."
XM's comprehensive coverage of the NHL will include games from every team,
as well as the NHL All-Star Game, the Stanley Cup Playoffs and the Stanley Cup
Final. XM will start its NHL schedule with sweeping coverage of Opening Night
on October 5, 2005.
Panero continued, "XM and its Canadian partner CSR are excited to
participate in the resurgence of this great sport."
About XM Satellite Radio:
XM is America's number one satellite radio service with more than 4.4
million subscribers. Broadcasting live daily from studios in Washington, DC,
New York City and Nashville at the Country Music Hall of Fame, XM's 2005
lineup includes more than 150 digital channels of choice from coast to coast:
the most commercial-free music channels, plus premier sports, talk, comedy,
children's and entertainment programming; and 21 channels of the most advanced
traffic and weather information. XM was named Best Radio Service at the 2004
Billboard Digital Entertainment Awards.
XM, the leader in satellite-delivered entertainment and data services for
the automobile market through partnerships with General Motors, Honda, Toyota,
Hyundai, Nissan and Volkswagen/Audi, is available in more than 120 different
vehicle models for 2005. XM's industry-leading products are available at
consumer electronics retailers nationwide. For more information about XM
hardware, programming and partnerships, please visit http://www.xmradio.com .
About the NHL:
The National Hockey League, founded November 22, 1917, is the second
oldest of the four major team sports leagues in North America. Today, the NHL
consists of 30 Member Clubs based in the United States and Canada,
entertaining more than 100 million fans each season through attendance and
broadcasting, including a Sirius satellite radio broadcast partnership that
runs through the 2006-07 season. Research indicates that NHL fans are some of
the most tech savvy, educated and affluent in professional sports. The NHL
has one of the most diverse player demographics with more than 33 percent of
NHL players hailing from outside North America from 22 different countries.
Through the NHL Foundation, the League's charitable arm, the NHL raises money
and awareness for Hockey Fights Cancer, Hockey's All-Star Kids and NHL
Diversity, and supports the charitable efforts of all NHL players. NHL and
Stanley Cup are registered trademarks of the National Hockey League. For more
information on the NHL, fans may log on to NHL.com.
Factors that could cause actual results to differ materially from those in
the forward-looking statements in this press release include demand for XM
Satellite Radio's service, the Company's dependence on technology and third
party vendors, its potential need for additional financing, as well as other
risks described in XM Satellite Radio Holdings Inc.'s Form 8-K filed with the
Securities and Exchange Commission on 8-5-05. Copies of the filing are
available upon request from XM Radio's Investor Relations Department.
SOURCE XM Satellite Radio; National Hockey League
-0- 09/12/2005
/CONTACT: Nathaniel Brown, +1-917-913-4394, or Chance Patterson,
+1-202-380-4318, both of XM Satellite Radio; Susan Arons, +1-212-843-8033, or
Amy Glickman, +1-212-843-8063, both of Rubenstein Communications, for XM
Satellite Radio; or Jamey Horan of the NHL, +1-212-789-2785/
/First Call Analyst: /
/FCMN Contact: david.butler@xmradio.com /
/Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000724/XMSATLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk photodesk@prnewswire.com/
/Web site: http://www.xmradio.com
http://www.nhl.com /
(XMSR)