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SIRI » Topics » November channel rationalization - reduced costs and improved user experience

This excerpt taken from the SIRI 8-K filed Dec 18, 2008.

November channel rationalization - reduced
costs and improved user experience

Line-ups largely combined - best audio experience being made
available to both SIRIUS and XM listeners at no extra cost, and with no
new hardware required

Total cost savings of over $35 million annually (<10k consumer
cancellations)

Music

Before - total production of 130 music channels;

After - total of 67 channels

SIRIUS and XM both feature 69 commercial-free music channels, 63
of which are shared

Talk & Sports

Before - total production of 164 talk/sports channels;

After - total of 147 channels

SIRIUS now has 75 talk/sports channels; XM now has 134 (part time
channels are included in XM totals); 38 shared channels

Note: Figures exclude Clear Channel produced channels and Canadian channels.

15

2009

2009

16

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