CNN Headline News, XM Satellite Radio Announce Alliance
CNN Headline News Joins Three Other CNN Network Channels
ATLANTA, Aug. 7 /PRNewswire/ -- CNN Headline News and XM Satellite Radio,
distributor of 100 channels of digital-quality radio, have signed an agreement
that will dedicate an XM channel to continuous live audio of CNN Headline
News. With the addition of CNN Headline News, XM Satellite Radio will offer a
total of four CNN channels: CNN Headline News, CNN/Sports Illustrated, CNN En
Espanol, and CNNfn.
"We are glad that the new Headline News will be one of the four CNN
channel offerings on XM Satellite Radio," said Teya Ryan, executive vice
president and general manager of CNN Headline News. "Now, XM listeners will
hear real news, real fast wherever there's satellite radio."
"CNN Headline News makes a powerful addition to XM's programming lineup,"
said XM's senior vice president of new business development, Steve Gavenas.
"XM listeners will be able to tap CNN Headline News' superb coverage of major
news stories, around the clock, as they hit and develop, whether they are in
traffic, on the way home or driving across country."
XM (Nasdaq: XMSR) will offer 100 channels of digital-quality sound coast-
to-coast: 71 music channels, more than 30 of them commercial-free, and 29
news, sports and talk channels, for a monthly subscription fee. XM will
launch commercial service September 12, initially in San Diego and Dallas/Ft.
Worth, throughout the Southwest in mid-October and nationally in early
November.
XM won several awards at the International Consumer Electronic Show in
January 2001; including "Best of CES" in the automotive category. XM's
strategic investors include America's leading car, radio and satellite TV
companies. These radios will be available through retailers nationwide
including Best Buy, Circuit City, Sears and Crutchfield. For more
information, visit the corporate Web site at http://www.xmradio.com .
CNN Newsource Sales, Inc., a subsidiary of Turner Broadcasting System,
Inc., an AOL Time Warner Company, is the premiere provider of news and
information resources to the local news industry. The division is dedicated
to the sales and marketing of CNN Newsource and its services, including CNN
Newsource Feeds -- regional, national, and international news, sports and
Newsource-produced franchise pieces; CNN Newsource Live -- dependable live
opportunities via eleven dedicated correspondents on the scene of breaking
news and select feature stories; CNN Marketsource -- localized live reports
from the floor of the NYSE; CNN Newsbeam -- satellite time and fiber use at
competitive rates; CNN Newsource on Demand, CNN Local Link, CNN Live Breaking
Coverage, CNN ImageSource, Noticiero CNN Internacional, CNN/US and CNN
Headline News Excerpting, and CNN Headline News Half-Hour Programs. CNN
Newsource Sales also distributes market-exclusive news resources; including
PARENTING, Daily News from Entertainment Weekly, Mrs. Fixit(R) and A.D.A.M.(R)
Version 2.0.
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SOURCE CNN
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