XM Satellite Radio announced that it will move to permanent headquarters at the Eckington Place complex in Washington, DC. The company has leased over 120,000 square feet for its broadcast studios and corporate headquarters. The announcement was made at a recent joint press conference with XM and Washington, DC, Mayor Anthony A. Williams.XM will create and package up to 100 channels of digital-quality music, news, sports, talk and children's programming at its Washington, DC, broadcast facility. The service will then be uplinked to XM's satellites and transmitted directly down to vehicle, home, and portable radios across the country. With an XM-capable radio and a small antenna, listeners everywhere in the continental United States will be able to enjoy their favorite XM channels.
"We're delighted to be taking up residence in Washington where we have both the support of the mayor and the inspiration of a vibrant urban culture. We're delighted to be identified with Washington; it's our home now, and we are going to make it famous with our distinctive sound," states Hugh Panero, president and CEO of XM Satellite Radio.
"Once XM launches 18 months from now, they will be a household name across America. XM will be a high-profile company in both the technology and entertainment worlds. Detroit has the MoTown sound and now Washington, DC, has XM," offeres Washington, DC, Mayor Anthony A. Willams.
The Washington DC, Virginia and Maryland Communications and High-Tech corridor, in which XM will locate, is one of the largest and most dynamic business communities in the world; it is home to MCI WorldCom, America Online, Network Solutions and COMSAT. The complex that XM is leasing will house its XM Originals unit as well as the company's corporate headquarters.
Link for more info: www.xmradio.com
