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:Press Release 2005:
XM SATELLITE RADIO AND NEW YORK TIMES RADIO ENTER PROGRAMMING AGREEMENT
Washington D.C., August 03, 2005 -- XM Satellite Radio, the nation's leading satellite radio service, and New York Times Radio, the newly established New York Times Company unit that includes classical music radio station WQXR, have announced an agreement whereby XM will include New York Times Radio-produced information and music content on a number of its channels. XM will incorporate a series of Times-branded information features on several of its talk channels, including reports, reviews, and commentaries from Times staffers; XM will present the popular WQXR music series "Reflections from the Keyboard" on one of its classical music channels; and the companies will jointly present a series of quarterly classical music specials. In addition, the companies will develop New York Times Radio hourly newscasts for select XM talk channels.
"XM is the leader in satellite radio, and will be very helpful with our new national initiative," said Tom Bartunek, president of New York Times Radio and general manager of WQXR. "We hope that this initial agreement is the beginning of a long-term, growing collaboration."
"New York Times Radio will provide a variety of high-quality talk radio, music, and news content for XM listeners," said Eric Logan, executive vice president of XM Satellite Radio. "We look forward to working with The Times to offer a diverse selection of programming that will inform and entertain our millions of subscribers from coast to coast."
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: commercial-free music channels, premier sports, talk, comedy, children's and entertainment programming; and 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.
New York Times Radio was established in 2005 to create Times-branded audio content for distribution across multiple platforms. It comprises New York Times Radio News and WQXR FM, the nation's first commercial classical music radio station and the most listened-to classical station in the United States. WQXR is available online exclusively through Radio@AOL. More information about the station and its programming, and access to its stream, are available at www.wqxr.com.
The New York Times Company (NYSE: NYT), a leading media company with 2004 revenues of $3.3 billion, includes The New York Times, the International Herald Tribune, The Boston Globe, 16 other newspapers, eight network-affiliated television stations, two New York City radio stations and more than 40 Web sites, including NYTimes.com, Boston.com and About.com. For the fifth consecutive year, the Company was ranked No. 1 in the publishing industry in Fortune's 2005 list of America's Most Admired Companies. The Company's core purpose is to enhance society by creating, collecting and distributing high-quality news, information and entertainment.
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