NEW YORK, Dec. 15, 2021 /PRNewswire/ -- SiriusXM and
Discovery, Inc. today announced that they are teaming up to create
more value and more choice for consumers with subscription offers
that deliver the best content from both companies.
Eligible new and existing subscribers to SiriusXM's Platinum VIP
plan will have the opportunity to activate, courtesy of SiriusXM, a
complimentary 12-month subscription to discovery+, the definitive
non-fiction, real-life subscription streaming service.
Platinum VIP is SiriusXM's newest and most comprehensive
subscription tier, and includes access to SiriusXM in up to two
vehicles, up to two SXM App logins, as well as several other
exclusive benefits. The added perk of a discovery+ streaming
subscription will become available for existing Platinum VIP
subscribers starting December 16. For
more information on SiriusXM's Platinum VIP subscription visit:
https://www.siriusxm.com/offers/platinum-vip
SiriusXM will also be offering special promotions that give
eligible new subscribers to its Platinum, Music and Entertainment,
and Streaming Platinum packages, and eligible existing subscribers
who upgrade to one of these packages, a complimentary three-month
subscription to discovery+, courtesy of SiriusXM.
This month, discovery+ subscribers will find holiday-themed
programming from the brands they love including The Pioneer
Woman's Hometown: Holiday Themes and True Crime special
Fruitcake Fraud, in addition to new series such as
Discovering David Dobrik,
Drew's Dream Car with Drew
Scott and Ant Anstead, My Dream Kitchen with
Giada de Laurentiis and Carla Hall, and a new season of Hometown:
Ben's Workshop. discovery+ subscribers can also watch
favorites such as Bobby and Giada in Italy, Magnolia Table, American
Detective with Lt. Joe Kenda,
and series and spinoffs from the 90 Day Universe.
"We are excited to offer access to discovery+ with our SiriusXM
subscription plans," said Richard
Beatty, SiriusXM's Chief Subscription Revenue Officer.
"discovery+ is the streaming home to so many major entertainment
personalities and brands - Chip and Joanna
Gaines' Magnolia Network, Food Network, TLC, Animal Planet
and Shark Week - that resonate with so many people across the
country. It is the perfect complementary streaming video
service for our diverse audio entertainment platform."
"Through this synergistic collaboration with SiriusXM, we are
able to provide more consumers with access to everything discovery+
has to offer," said Lisa Holme,
Group SVP, Content & Commercial Strategy, Discovery.
"SiriusXM shares our goal of delighting viewers with compelling
storytelling, and through this new subscription offering we can
continue to reach more audiences."
discovery+ offers 60,000 episodes of current and classic shows
from Discovery's iconic portfolio of networks, including HGTV, Food
Network, TLC, ID, OWN, Travel Channel, Discovery Channel, Animal
Planet and Magnolia Network, as well as more than 200 discovery+
original titles and hundreds of hours of exclusive content.
Additionally, the service offers top non-fiction content from
A&E, The HISTORY Channel and Lifetime, as well as the
definitive selection of nature and environmental programming,
headlined by exclusive streaming access to the largest collection
of natural history from the BBC.
discovery+ is available in the U.S. starting at $4.99 per month, with an ad-free version
available for $6.99 per month.
SiriusXM's Platinum and Platinum VIP level subscriptions include
all of the content SiriusXM offers listeners - more than 300
channels. These include Howard
Stern's two exclusive channels, live games and events from
every major professional sport as well as hundreds of college
games, an unparalleled selection of ad-free music channels covering
every genre, plus entertainment, news, comedy and more.
About SiriusXM
Sirius XM Holdings Inc. (NASDAQ: SIRI) is the leading audio
entertainment company in North
America, and the premier programmer and platform for
subscription and digital advertising-supported audio products.
SiriusXM's platforms collectively reach approximately 150 million
listeners, the largest digital audio audience across paid and free
tiers in North America, and
deliver music, sports, talk, news, comedy, entertainment and
podcasts. Pandora, a subsidiary of SiriusXM, is the largest
ad-supported audio entertainment streaming service in the U.S.
SiriusXM's subsidiaries Stitcher, Simplecast and AdsWizz make it a
leader in podcast hosting, production, distribution, analytics and
monetization. The Company's advertising sales organization, which
operates as SXM Media, leverages its scale, cross-platform sales
organization and ad tech capabilities to deliver results for audio
creators and advertisers. SiriusXM, through Sirius XM Canada
Holdings, Inc., also offers satellite radio and audio entertainment
in Canada. In addition to its
audio entertainment businesses, SiriusXM offers connected vehicle
services to automakers. For more about SiriusXM, please go
to: www.siriusxm.com.
About Discovery
Discovery, Inc. (Nasdaq: DISCA, DISCB, DISCK) is a global leader
in real life entertainment, serving a passionate audience of
superfans around the world with content that inspires, informs and
entertains. Discovery delivers over 8,000 hours of original
programming each year and has category leadership across deeply
loved content genres around the world. Available in 220 countries
and territories and nearly 50 languages, Discovery is a platform
innovator, reaching viewers on all screens, including TV Everywhere
products such as the GO portfolio of apps; direct-to-consumer
streaming services such as Eurosport Player, Food Network Kitchen
and MotorTrend OnDemand; digital-first and social content from
Group Nine Media; a landmark natural history and factual content
partnership with the BBC; and a strategic alliance with PGA TOUR to
create the international home of golf. Discovery's portfolio of
premium brands includes Discovery Channel, HGTV, Food Network, TLC,
Investigation Discovery, Travel Channel, MotorTrend, Animal Planet,
Science Channel, and the forthcoming multi-platform JV with
Chip and Joanna Gaines, Magnolia, as
well as OWN: Oprah Winfrey Network in the U.S., Discovery Kids in
Latin America, and Eurosport, the
leading provider of locally relevant, premium sports and Home of
the Olympic Games across Europe.
For more information, please visit corporate.discovery.com and
follow @DiscoveryIncTV across social platforms.
This communication contains "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995. Such statements include, but are not limited to,
statements about future financial and operating results, our plans,
objectives, expectations and intentions with respect to future
operations, products and services; and other statements identified
by words such as "will likely result," "are expected to," "will
continue," "is anticipated," "estimated," "believe," "intend,"
"plan," "projection," "outlook" or words of similar meaning. Such
forward-looking statements are based upon the current beliefs and
expectations of our management and are inherently subject to
significant business, economic and competitive uncertainties and
contingencies, many of which are difficult to predict and generally
beyond our control. Actual results and the timing of events may
differ materially from the results anticipated in these
forward-looking statements.
The following factors, among others, could cause actual
results and the timing of events to differ materially from the
anticipated results or other expectations expressed in the
forward-looking statements: the COVID-19 pandemic is
adversely impacting our business; we face substantial competition
and that competition is likely to increase over time; our efforts
to attract and retain subscribers and listeners, or convert
listeners into subscribers, which may not be successful, and may
adversely affect our business; we engage in extensive marketing
efforts and the continued effectiveness of those efforts is an
important part of our business; we rely on third parties for the
operation of our business, and the failure of third parties to
perform could adversely affect our business; we may not realize the
benefits of acquisitions and other strategic investments and
initiatives; a substantial number of our Sirius XM subscribers
periodically cancel their subscriptions and we cannot predict how
successful we will be at retaining customers; our ability to
profitably attract and retain subscribers to our Sirius XM service
as our marketing efforts reach more price-sensitive consumers is
uncertain; our business depends in large part on the auto industry;
failure of our satellite would significantly damage our business;
our Sirius XM service may experience harmful interference from
wireless operations; our Pandora ad-supported business has suffered
a substantial and consistent loss of monthly active users, which
may adversely affect our Pandora business; our failure to convince
advertisers of the benefits of our Pandora ad-supported service
could harm our business; if we are unable to maintain revenue
growth from our advertising products, particularly in mobile
advertising, our results of operations will be adversely affected;
changes in mobile operating systems and browsers may hinder our
ability to sell advertising and market our services; if we fail to
accurately predict and play music, comedy or other content that our
Pandora listeners enjoy, we may fail to retain existing and attract
new listeners; privacy and data security laws and regulations may
hinder our ability to market our services, sell advertising and
impose legal liabilities; consumer protection laws and our failure
to comply with them could damage our business; failure to comply
with FCC requirements could damage our business; if we fail to
protect the security of personal information about our customers,
we could be subject to costly government enforcement actions and
private litigation and our reputation could suffer; interruption or
failure of our information technology and communications systems
could impair the delivery of our service and harm our business; the
market for music rights is changing and is subject to significant
uncertainties; our Pandora services depend upon maintaining complex
licenses with copyright owners, and these licenses contain onerous
terms; the rates we must pay for "mechanical rights" to use musical
works on our Pandora service have increased substantially and these
new rates may adversely affect our business; our use of pre-1972
sound recordings on our Pandora service could result in additional
costs; failure to protect our intellectual property or actions by
third parties to enforce their intellectual property rights could
substantially harm our business and operating results; some of our
services and technologies may use "open source" software, which may
restrict how we use or distribute our services or require that we
release the source code subject to those licenses; rapid
technological and industry changes and new entrants could adversely
impact our services; we have a significant amount of indebtedness,
and our debt contains certain covenants that restrict our
operations; we are a "controlled company" within the meaning of the
NASDAQ listing rules and, as a result, qualify for, and rely on,
exemptions from certain corporate governance requirements; while we
currently pay a quarterly cash dividend to holders of our common
stock, we may change our dividend policy at any time; and our
principal stockholder has significant influence, including over
actions requiring stockholder approval, and its interests may
differ from the interests of other holders of our common stock; if
we are unable to attract and retain qualified personnel, our
business could be harmed; our facilities could be damaged by
natural catastrophes or terrorist activities; the unfavorable
outcome of pending or future litigation could have an adverse
impact on our operations and financial condition; we may be exposed
to liabilities that other entertainment service providers would not
customarily be subject to; and our business and prospects depend on
the strength of our brands. Additional factors that could cause our
results to differ materially from those described in the
forward-looking statements can be found in our Annual Report on
Form 10-K for the year ended December 31, 2020, which is filed with
the Securities and Exchange Commission (the "SEC") and available at
the SEC's Internet site (http://www.sec.gov). The information set
forth herein speaks only as of the date hereof, and we disclaim any
intention or obligation to update any forward looking statements as
a result of developments occurring after the date of this
communication.
Source: SiriusXM
Media contacts:
For Discovery:
Cara Brugnoli,
cara_brugnoli@discovery.com
For SiriusXM:
Andrew FitzPatrick,
Andrew.FitzPatrick@SiriusXM.com
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SOURCE Sirius XM Holdings Inc.