XM Satellite Radio and EMI Music Publishing Agreement on Pioneer Inno
26 Junho 2008 - 12:00PM
PR Newswire (US)
Agreement Settles Dispute Over XM Devices With Advanced Recording
Features NEW YORK, June 26 /PRNewswire-FirstCall/ -- XM Satellite
Radio and EMI Music Publishing today announced that they have
resolved the lawsuit brought by EMI Music Publishing against XM
over its Pioneer Inno, a portable satellite radio with advanced
recording features. The companies did not disclose terms of the
agreement. (Logo:
http://www.newscom.com/cgi-bin/prnh/20070313/XMLOGO ) EMI Music
Publishing has withdrawn as a party to the complaint filed by
certain music publishing companies against XM in March 2007. About
XM XM is America's number one satellite radio company with more
than 9.3 million subscribers. Broadcasting live daily from studios
in Washington, DC, New York City, Chicago, Nashville, Toronto and
Montreal, XM's 2008 lineup includes more than 170 digital channels
of choice from coast to coast: commercial-free music, premier
sports, news, talk radio, comedy, children's and entertainment
programming; and the most advanced traffic and weather information.
XM, the leader in satellite-delivered entertainment and data
services for the automobile market through partnerships with
General Motors, Honda, Hyundai, Nissan, Porsche, Ferrari, Subaru,
Suzuki and Toyota, is available in 140 different vehicle models for
2008. XM's industry-leading products are available at consumer
electronics retailers nationwide. XM programming is also available
through XM Radio Online, the exclusive home on the Internet for
XM's commercial-free music channels; as downloads of original XM
shows via podcasts from XM's Web site or the Apple's iTunes Store;
and as streams of commercial- free XM music channels to AT&T
and Alltel wireless customers through XM Radio Mobile. For more
information about XM hardware, programming and partnerships, please
visit http://www.xmradio.com/. About EMI Music Publishing EMI Music
Publishing is one of the world's leading music publishers. It
represents more than 1.3 million copyrights including some of the
best-known songs ever written, such as "New York New York", "You've
Got A Friend", "The James Bond Theme", "Lady Marmalade", "Ain't No
Mountain High Enough", "Always On My Mind", "Over The Rainbow", "I
Heard It Through The Grapevine" and "Singin' In the Rain". Its
current hit-making writers and producers include Arctic Monkeys,
Beyonce, James Blunt, Alan Jackson, Norah Jones, Alicia Keys, Pink,
Usher, Kanye West, Pharrell Williams and Amy Winehouse. For more
details, please visit http://www.emimusicpub.com/. Factors that
could cause actual results to differ materially from those in the
forward-looking statements in this press release include demand for
XM Satellite Radio's service, the Company's dependence on
technology and third party vendors, its potential need for
additional financing, as well as other risks described in XM
Satellite Radio Holdings Inc.'s Form 10-K filed with the Securities
and Exchange Commission on 2-28-08. Copies of the filing are
available upon request from XM Radio's Investor Relations
Department. All programming subject to change.
http://www.newscom.com/cgi-bin/prnh/20070313/XMLOGO
http://photoarchive.ap.org/ DATASOURCE: XM CONTACT: Nathaniel Brown
of XM Satellite Radio, +1-212-708-6170, or Dylan Jones of EMI Music
Publishing, +1-212-492-1230 Web site: http://www.xmradio.com/
http://www.emimusicpub.com/
Copyright