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XM Exceeds 1,360,000 Subscribers At Year-End 2003

Every now then a successful business plan for space utilization comes along

Las Vegas - Jan 12, 2004
XM Satellite Radio announced last week that it had signed up more than 1,360,000 subscribers, representing 1 million net additional subscribers in the year 2003, extending its market dominance in satellite radio.

"XM delivered an outstanding performance in 2003 with more than 1 million new customers choosing our service this year for a total of more than 1.36 million subscribers overall," said Hugh Panero, XM President and CEO.

"During the fourth quarter of 2003, XM added more than 430,000 customers -- our best quarter ever. Equally exciting is the more than 23,000 subscribers who signed up on Christmas Day, the biggest single day in the history of the company. By the end of 2004 we expect to have 2.8 million subscribers, reflecting an increase of more than 1.4 million subscribers during 2004."

XM Introduces 2004 Content Lineup Featuring 100% Commercial-Free Music plus XM Instant Traffic & Weather Channels

Building on the momentum of 2003, XM announced an exciting content lineup for 2004. XM will offer 100 percent commercial-free music channels beginning in February.

"XM has established itself as the ultimate destination for music lovers. With our new content lineup, the music lover can now get more high-quality music, commercial-free, on XM than on any terrestrial or satellite radio alternative," Panero said. "The New York Times says XM is the 'HBO of satellite radio.' When you combine XM's live programming with the most commercial-free music channels in satellite radio, it's clear that XM programming will be even more amazing in 2004."

In 2004, XM will also roll out XM Instant Traffic & Weather channels, offering listeners in-depth, up-to-date information about road and weather conditions in 21 major metropolitan markets nationwide, 24 hours a day, seven days a week, with greater detail and more frequent updates than available elsewhere.

XM Instant Traffic & Weather will be presented by XM in cooperation with Mobility Technologies, a leading provider of traffic data, and The Weather Channel. The first 15 XM Instant Traffic & Weather channels will debut in March for the following metro areas: New York City, Los Angeles, Washington, D.C., Dallas-Ft. Worth, Chicago, Houston, Detroit, Philadelphia, Phoenix, San Francisco, Tampa-St. Petersburg, Orlando, Baltimore, Pittsburgh, and St. Louis. Dedicated channels for Boston, Atlanta, Miami-Ft. Lauderdale, Minneapolis-St. Paul, Seattle, and San Diego will be introduced later in 2004.

XM's 2004 lineup features new music channels, including ones devoted to adult contemporary music, top country hits, jambands, alternative rock's greatest tracks, and cutting-edge punk, plus MSNBC and new talk programs.

In 2004 XM will offer a total of 121 channels -- 68 music channels, 32 news, sports, talk, and variety channels, and 21 XM Instant Traffic & Weather channels -- for the basic monthly fee of $9.99 a month.

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XM Exceeds 1,360,000 Subscribers At Year-End 2003
Las Vegas - Jan 12, 2004
XM Satellite Radio announced last week that it had signed up more than 1,360,000 subscribers, representing 1 million net additional subscribers in the year 2003, extending its market dominance in satellite radio.







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