WASHINGTON, Sept. 9 /PRNewswire-FirstCall/ -- XM Satellite Radio
(Nasdaq: XMSR), America's leading satellite radio company with more than 4.4
million subscribers, today announced that its Canadian partner, Canadian
Satellite Radio (CSR), has been approved by Canada's Federal Cabinet to
deliver commercial-free music and premier news, sports, talk, and
entertainment to Canadians from coast-to-coast.
"We are very pleased by the Federal Cabinet's decision," said Hugh
Panero,
President and CEO of XM Satellite Radio. "We look forward to working with
our
Canadian partner CSR to provide Canadians with the world-class programming
and
leading-edge technology that have made XM Satellite Radio the industry
leader
and one of the fastest-growing consumer electronics products ever."
--
XM Satellite Radio and National Hockey League Announce Long-Term Agreement
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."
---
avast! Antivirus: Outbound message clean.
Virus Database (VPS): 0537-1, 09/14/2005
Tested on: 9/15/2005 6:23:03 AM
avast! - copyright (c) 2000-2004 ALWIL Software.
http://www.avast.com