FOX News and SiriusXM to Launch All New National News Channel

Exclusive “FOX News Headlines 24/7” channel – first of its kind – will deliver the day’s top stories, launching this fall on SiriusXM

SiriusXM listeners will get up-to-the-minute headlines, breaking news, on-scene reporting, news from the worlds of business, entertainment, and sports, and more, throughout their day

NEW YORK – JUNE 24, 2015 — SiriusXM and FOX News today announced the launch of FOX News Headlines 24/7, a new national headline news service and full-time satellite radio channel produced by a dedicated team of FOX News journalists and contributors. The channel, part of a multi-year agreement, will launch in the fall of 2015 to all SiriusXM subscribers on channel 115.

Staffed 24 hours a day, 7 days a week and 365 days a year, FOX News Headlines 24/7 on SiriusXM will deliver the day’s top stories at any time.  FOX News Senior Vice President of News Jay Wallace will oversee operations of the new channel, in addition to his current responsibilities managing news at FNC.

Utilizing the resources of FOX News, FOX Business Network, FOX News Radio, Foxnews.com, and Foxbusiness.com the new channel will be continuously updated with headlines, breaking news, on-scene reporting, business news, politics, entertainment, sports, and more. SiriusXM listeners will be able to access breaking news throughout their day wherever they listen to SiriusXM, whether in the vehicle, or via the SiriusXM app or online at siriusxm.com.

In commenting on the announcement, FOX News Chairman & CEO Roger Ailes said, “By creating this new news offering, we’re aiming to provide FOX News viewers and satellite radio subscribers the opportunity to stay informed with the latest headlines and breaking news from the network they have come to rely on and trust.”

Scott Greenstein, President and Chief Content Officer, SiriusXM, added, “We are excited to expand our relationship with FOX News to include this original and exclusive channel. FOX News has the credibility and expertise to develop a channel unlike anything else in radio. It will deliver timely, valuable information that allows our listeners to immediately get caught up on the latest news, no matter where they are. With so much happening in the news cycle, the channel’s dedicated teams of broadcasters will keep our subscribers updated around the clock. FOX News Headline 24/7 will produce a news channel that no competitor can match.”

FOX News and SiriusXM already broadcast three dedicated satellite radio channels, including: FOX News Channel, featuring an audio simulcast of the most watched cable news network, on channel 114; an audio simulcast of FOX Business Network on channel 113; and FOX News Talk on channel 450, which offers opinion programming from popular FOX News personalities such as Brian Kilmeade, Alan Colmes, John Gibson and Tom Sullivan.

For more information and to try SiriusXM for 30 days, please visit siriusxm.com.

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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 13 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 SiriusXM

Sirius XM Holdings Inc. (NASDAQ: SIRI) is the world’s largest radio broadcaster measured by revenue and has more than 27.7 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. and on smartphones and other connected devices as well as online at siriusxm.com. SiriusXM radios and accessories are available from retailers nationwide and at shop.siriusxm.com.  SiriusXM also provides premium traffic, weather, data and information services for subscribers in cars, trucks, RVs, boats and aircraft through SiriusXM Traffic™, SiriusXM Travel Link, NavTraffic®, NavWeather™, SiriusXM Aviation, SiriusXM Marine™, Sirius Marine Weather, XMWX Aviation™, and XMWX Marine™.  SiriusXM holds a minority interest in SiriusXM Canada which has more than 2 million subscribers. SiriusXM is also a leading provider of connected vehicles services to major automakers, giving customers access to a suite of safety, security, and convenience services including automatic crash notification, stolen vehicle recovery assistance, enhanced roadside assistance and turn-by-turn navigation.

On social media, join the SiriusXM community on Facebook, Twitter, Instagram, and YouTube.

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 radio and audio service providers; our ability to attract and retain subscribers, which is uncertain; our dependence upon the auto industry; general economic conditions; changes in consumer protection laws and their enforcement; the security of the personal information about our customers; other existing or future government laws and regulations could harm our business; failure of our satellites would significantly damage our business; the interruption or failure of our information technology and communications systems; royalties we pay for music rights, which increase over time; the unfavorable outcome of pending or future litigation; our failure to realize benefits of acquisitions or other strategic initiatives; rapid technological and industry changes; failure of third parties to perform; failure to comply with FCC requirements; modifications to our business plans; our indebtedness; and our principal stockholder has significant influence over our management and over actions requiring stockholder approval and its interests may differ from interests of other holders of our common stock.  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, 2014, 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 Contacts:

Irena Briganti/FOX News

212.301.3608

irena.briganti@foxnews.com

Patrick Reilly/SiriusXM

212.901.6646

patrick.reilly@siriusxm.com

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