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XM Satellite Radio Partners With CNBC; XM to Dedicate Channel to Global Business News Leader
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XM Satellite Radio has signed a deal with CNBC, a global leader in business news, to dedicate an XM channel to provide continuous live audio of CNBC programming, offering XM listeners the latest in financial market and business information. The newly created channel meets the growing demand of investors who want to receive real-time financial information both at home and on the road. "CNBC's top-rate, up-to-the-minute business and market coverage makes a powerful addition to XM's programming lineup," says Hugh Panero, XM's president and CEO. "Bolstered by CNBC, XM's business programming will offer a bevy of both spot news and in-depth analysis that today's investor, executive and market-watcher depend on." "CNBC's partnership with XM allows radio listeners across the country to receive a live and continuous audio feed of CNBC's unparalleled business news and analysis," says Howard Homonoff, vice president and general manager, CNBC Strategic Ventures. "CNBC's relationship with XM further demonstrates our continued effort to provide investors -- whether in their home, car, office or boat -- with the most comprehensive and up-to-the minute financial news wherever and whenever they need it." CNBC provides real-time financial market coverage and business information to more than 164 million homes worldwide, including more than 79 million households in the United States and Canada. The network's Business Day programming (weekdays from 5:00 a.m.-8:00 p.m. ET) is produced at CNBC's headquarters in Fort Lee, N.J., and also includes reports from CNBC news bureaus in Midtown Manhattan, the New York Stock Exchange, the NASDAQ MarketSite, Washington D.C., Chicago, Los Angeles, Palo Alto, Calif., London and Singapore.
Link for more info: www.xmradio.com
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