TORONTO, Aug. 28, 2012 /CNW/ - Canadian Satellite Radio Holdings Inc. (TSX: XSR), parent of Sirius XM Canada Inc., today announced that the company is preparing for the launch and rollout of SiriusXM 2.0 and "Best Of" programming for subscribers later this year. The company also detailed a new pricing program for its base subscription rate.
"We are excited to introduce expanded features and programming offerings for subscribers later this fall," said Mark Redmond, President and CEO, SiriusXM Canada Inc. "These enhancements represent the next evolution in audio entertainment and together with the availability of Best Of programming from both the Sirius and XM platforms, will provide subscribers with more content, more control and a better listening experience."
In the lead-up to SiriusXM 2.0, the company has launched its redesigned website, www.siriusxm.ca. Closely incorporating social media platforms including Facebook and Twitter, the site now fully integrates and streamlines the presentation of SiriusXM service in preparation for an improved online listening experience and new apps for the iPhone, iPad and Android mobile platforms when SiriusXM 2.0 launches this fall.
"Over the past five years, we have maintained consistent pricing, while continuously expanding our content, improving technologies and adding value to the SiriusXM subscriber experience. Beginning October 1, 2012, the company will increase our basic monthly service package from $14.99 to $15.99 at the time of customer subscription renewal. This modest increase will enable us to continue to innovate and improve the subscriber experience. We remain committed to providing our subscribers with exceptional programming, anytime, anywhere, at a great price," said Redmond.
Additional details of SiriusXM 2.0 features and "Best Of" fall programming enhancements will be available closer to launch.
About SiriusXM Canada
Canadian Satellite Radio Holdings Inc. (TSX: XSR) operates as SiriusXM Canada. SiriusXM Canada is the country's leading audio entertainment company and broadcasts more than 120 satellite radio channels featuring premier sports, news, talk, entertainment and commercial-free music. SiriusXM Canada offers an array of content from the most recognized news and entertainment brands as well as from professional sports leagues including the NHL, NFL, MLB and CFL.
SiriusXM programming is available on a variety of devices including pre-installed and after-market radios in cars, trucks and boats, smartphones and mobile devices, and consumer electronics products for homes and offices. SiriusXM programming is also available online at www.sirius.ca and www.xmradio.ca and on Apple, BlackBerry and Android-powered mobile devices.
SiriusXM Canada has partnerships with every major automaker and its radio products are available at more than 3,000 retail locations nationwide. To find out more about SiriusXM Canada (TSX: XSR), visit our website at www.siriusxm.ca.
Certain statements included above may be forward-looking in nature. Such statements can be identified by the use of forward-looking terminology such as "expects," "may," "will," "should," "intend," "plan," or "anticipates" or the negative thereof or comparable terminology, or by discussions of strategy. Forward-looking statements include estimates, plans, expectations, opinions, forecasts, projections, targets, guidance or other statements that are not statements of fact, including with respect to future operating performance and merger benefits and costs synergies. Although SiriusXM Canada believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. SiriusXM Canada's forward-looking statements are expressly qualified in their entirety by this cautionary statement. SiriusXM Canada makes no commitment to revise or update any forward-looking statements in order to reflect events or circumstances after the date any such statement is made, except as required by applicable law. Additional information identifying risks and uncertainties is contained in Canadian Satellite Radio Holdings Inc.'s filings with the Canadian securities regulators, available at www.sedar.com.
SOURCE: SiriusXM Canada
For further information:
Morlan Reddock, SiriusXM Canada
Kristen Dickson, TMX Equicom
416-815-0700 ext 273