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PGA of America and SiriusXM Agree to Five-Year Broadcast Rights Extension

SiriusXM will continue to broadcast PGA Championship events and the 2020 Ryder Cup

New weekly talk show--"PGA of America Radio"--launches August 8

SIRIUS XM logo. (PRNewsFoto/SIRIUS XM Radio)

News provided by

Sirius XM Holdings Inc.

Jul 31, 2018, 12:45 ET

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PALM BEACH GARDENS, Fla. and NEW YORK, July 31, 2018 /PRNewswire/ -- The PGA of America and SiriusXM announced today a five-year extension to their long-term broadcasting agreement. SiriusXM will continue to deliver live audio broadcasts of PGA of America events, including the PGA Championship and the 2020 Ryder Cup, to subscribers nationwide.

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SiriusXM and the PGA of America will also launch a new weekly talk show—PGA of America Radio—which debuts on Aug. 8. Airing each Wednesday at 4 p.m. ET, PGA of America Radio will focus on: Expert PGA Member instruction and analysis; major PGA of America golf events; featured programs designed to grow the game; and a unique insider's perspective on golf from special guests across the industry.

"The reach of SiriusXM is a difference-maker, and the PGA of America is delighted to extend our partnership," said PGA of America Chief Commercial Officer Jeff Price. "The passion and excitement of the PGA Championship and 2020 Ryder Cup will be presented to an engaged audience through state-of-the-art platforms and devices. Additionally, the exciting new PGA of America Radio show will serve as a weekly destination for golf fans to uniquely connect with PGA Members and grow the game."

"We are very pleased to be extending our long-standing relationship with the PGA of America.  It ensures that we will continue to offer our subscribers the best and most comprehensive golf coverage available," said Scott Greenstein, SiriusXM's President and Chief Content Officer.  "We will continue to deliver broadcasts of the PGA Championship and Ryder Cup nationwide. Moreover, the addition of PGA of America Radio to the SiriusXM lineup, which we have built to be an excellent platform for golf instruction, gives our listeners, no matter where they are, access to the skillful teaching of dedicated PGA Professionals."

Subscribers can listen to this programming on SiriusXM radios (Sirius channel 208, XM channel 92), while those with streaming access can listen online, on-the-go with the SiriusXM mobile app and at home on a wide variety of connected devices, including smart TVs, Amazon Alexa devices, Apple TV, PlayStation, Roku, Sonos speakers and more. For more info go to SiriusXM.com/GolfonSXM.

SiriusXM offers the best daily golf talk, news, analysis and instruction available on radio or streaming platforms. The channel's roster of hosts features many prominent voices from the game, including World Golf Hall of Fame members, major championship winners; distinguished instructors, current and former PGA Tour pros, and many others.  Subscribers can hear SiriusXM's original talk programming live and tune in to shows when they want on demand on SiriusXM's streaming platforms.  

SiriusXM airs most of the PGA TOUR events played throughout the season, as well as the Masters, U.S. Open, Open Championship, PGA Championship and Ryder Cup.

About the PGA of America

The PGA of America is one of the world's largest sports organizations, composed of PGA Professionals who daily work to grow interest and participation in the game of golf. For more information about the PGA of America, visit PGA.org, follow @PGA on Twitter and find us on Facebook. 

About SiriusXM

Sirius XM Holdings Inc. (NASDAQ: SIRI) is the world's largest radio company measured by revenue and has approximately 33.5 million subscribers. SiriusXM creates and offers commercial-free music; premier sports talk and live events; comedy; news; exclusive talk and entertainment, and a wide-range of Latin music, sports and talk programming. SiriusXM is available in vehicles from every major car company and on smartphones and other connected devices as well as online at siriusxm.com. SiriusXM radios and accessories are available from retailers nationwide and online at SiriusXM. SiriusXM also provides premium traffic, weather, data and information services for subscribers through SiriusXM Traffic™, SiriusXM Travel Link, NavTraffic®, NavWeather™. SiriusXM delivers weather, data and information services to aircraft and boats through SiriusXM Aviation™ and SiriusXM Marine™. In addition, SiriusXM Music for Business provides commercial-free music to a variety of businesses. SiriusXM holds a minority interest in SiriusXM Canada which has approximately 2.6 million subscribers. SiriusXM is also a leading provider of connected vehicles services, 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.

To download SiriusXM logos and artwork, visit http://www.siriusxm.com/LogosAndPhotos.

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 and the timing of events may differ materially from the results anticipated in these forward-looking statements.

The following factors, among others, could cause actual results and the timing of events to differ materially from the anticipated results or other expectations expressed in the forward-looking statements: our substantial competition, which is likely to increase over time; our ability to attract and retain subscribers, which is uncertain; interference to our service from wireless operations; consumer protection laws and their enforcement; unfavorable outcomes of pending or future litigation; the market for music rights, which is changing and subject to uncertainties; our dependence upon the auto industry; general economic conditions; the security of the personal information about our customers; 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; our failure to realize benefits of acquisitions or other strategic initiatives; rapid technological and industry changes; failure of third parties to perform; our failure to comply with FCC requirements; modifications to our business plan; our indebtedness; our principal stockholder has significant influence over our affairs and over actions requiring stockholder approval and its interests may differ from interests of other holders of our common stock; impairment of our business by third-party intellectual property rights; and changes to our dividend policies which could occur at any time. 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, 2017, 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.

Source: SiriusXM


Media contacts:

Andrew FitzPatrick, SiriusXM, 212-901-6693, [email protected] 
Kevin Bruns, SiriusXM, 212-901-6752, [email protected]
Jamie Carbone, PGA of America, 561-624-8446, [email protected]

SOURCE Sirius XM Holdings Inc.

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http://www.siriusxm.com

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