NEW YORK, March 19, 2018 /PRNewswire/ -- SiriusXM and
Hyundai Motor America announced today an agreement that extends the
ongoing relationship between the two companies for five more
years. Customers buying Hyundai and Genesis brand vehicles
will continue to get a three-month introductory SiriusXM All Access
subscription - SiriusXM's most expansive programming package which
includes access to the SiriusXM mobile app - with the purchase of
equipped vehicles through the 2022 model year.
Additionally, customers purchasing any Genesis brand vehicle
equipped with Navigation will receive a three-year subscription to
the SiriusXM Traffic and SiriusXM Travel Link infotainment
services. SiriusXM Traffic helps drivers avoid congestion
before they reach it with detailed information on traffic speed,
accidents, construction, road closures and more. SiriusXM
Travel Link delivers timely and helpful information to drivers and
passengers including weather, fuel prices, sports scores, movie
listings and stock prices.
"We are very pleased to continue our long-term relationship with
SiriusXM to continue providing Hyundai and Genesis customers with
SiriusXM's excellent audio entertainment, as well as their
top-of-the-line infotainment services," said Cason Grover, senior group manager, vehicle
technology planning for Hyundai Motor America. "In our pursuit to
deliver more in every facet of the car ownership experience,
SiriusXM is a great example of how we are continuing to push toward
this goal."
"We are excited to extend our relationship with Hyundai and
Genesis. Hyundai continues to deliver reliability and customer
satisfaction, and the Genesis brand boasts some of the most
breathtaking vehicle designs on the road today," said Christopher Lam, SVP & GM, Automotive
Partnerships for SiriusXM. "We're thrilled that customers of
both brands will get the unparalleled benefit of SiriusXM both in
their vehicles as well as via our mobile app, giving them access to
more than 200 channels of music, sports, talk, news, comedy and
more."
Customers who purchase Hyundai Certified Pre-Owned vehicles will
also continue to receive a three-month introductory subscription to
SiriusXM All Access.
SiriusXM All Access delivers the most comprehensive bundle of
entertainment, sports and news programming available in the
vehicle. It includes Howard
Stern's two exclusive channels, commercial-free music from
many genres, plus every NFL, MLB®, and NBA game, every NASCAR®
race, NHL® games, PGA TOUR® coverage, college sports; some of
the biggest names and brands in entertainment, news and comedy, and
more.
SiriusXM All Access subscribers also get streaming access to
SiriusXM, enabling them to connect to their favorite channels
online, on-the-go with the SiriusXM mobile app, and at home on a
wide variety of connected devices including smart TVs, Amazon Alexa
devices, Apple TV, PlayStation, Roku, Sonos speakers and more. The
SiriusXM app offers more than 200 channels of content, including
several exclusive online-only channels, and thousands of hours of
on-demand content that allow the listener to hear more of what they
want, when they want it.
About Hyundai Motor America
Hyundai Motor America is
focused on delivering an outstanding customer experience grounded
in design leadership, engineering excellence and exceptional value
in every vehicle we sell. Hyundai's technology-rich product lineup
of cars, SUVs and alternative-powered electric and fuel cell
vehicles is backed by Hyundai Assurance—our promise to deliver
peace of mind to our customers. Hyundai vehicles are sold and
serviced through more than 830 dealerships nationwide and the
majority sold in the U.S. are built at U.S. manufacturing
facilities, including Hyundai Motor Manufacturing Alabama. Hyundai
Motor America is headquartered in Fountain Valley, California, and is a
subsidiary of Hyundai Motor Company of Korea.
About SiriusXM
Sirius XM Holdings Inc. (NASDAQ: SIRI)
is the world's largest radio company measured by revenue and has
approximately 32.7 million subscribers. SiriusXM creates and offers
commercial-free music; premier sports talk and live events; comedy;
news; exclusive talk and entertainment, and a wide-range of Latin
music, sports and talk programming. SiriusXM is available in
vehicles from every major car company and on smartphones and other
connected devices as well as online at siriusxm.com. SiriusXM
radios and accessories are available from retailers nationwide and
online at SiriusXM. SiriusXM also provides premium traffic,
weather, data and information services for subscribers through
SiriusXM Traffic™, SiriusXM Travel Link, NavTraffic®, NavWeather™.
SiriusXM delivers weather, data and information services to
aircraft and boats through SiriusXM Aviation™ and SiriusXM Marine™.
In addition, SiriusXM Music for Business provides commercial-free
music to a variety of businesses. SiriusXM holds a minority
interest in SiriusXM Canada which has approximately 2.8 million
subscribers. SiriusXM is also a leading provider of connected
vehicles services, giving customers access to a suite of safety,
security, and convenience services including automatic crash
notification, stolen vehicle recovery assistance, enhanced roadside
assistance and turn-by-turn navigation.
To download SiriusXM logos and artwork, visit
http://www.siriusxm.com/LogosAndPhotos.
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: our substantial competition, which is
likely to increase over time; our ability to attract and retain
subscribers, which is uncertain; interference to our service from
wireless operations; consumer protection laws and their
enforcement; unfavorable outcomes of pending or future litigation;
the market for music rights, which is changing and subject to
uncertainties; our dependence upon the auto industry; general
economic conditions; the security of the personal information about
our customers; existing or future government laws and regulations
could harm our business; failure of our satellites would
significantly damage our business; the interruption or failure of
our information technology and communications systems; our failure
to realize benefits of acquisitions or other strategic initiatives;
rapid technological and industry changes; failure of third parties
to perform; our failure to comply with FCC requirements;
modifications to our business plan; our indebtedness; our principal
stockholder has significant influence over our affairs and over
actions requiring stockholder approval and its interests may differ
from interests of other holders of our common stock; impairment of
our business by third-party intellectual property rights; and
changes to our dividend policies which could occur at any time.
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, 2016, 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:
Andrew
FitzPatrick
SiriusXM
Andrew.FitzPatrick@SiriusXM.com
Miles Johnson
Hyundai
milesjohnson@hmausa.com
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SOURCE Sirius XM Holdings Inc.