Sirius On Track For 1 Million Subscribers

(CelebrityAccess MediaWire) – Sirius has surpassed 800,000 satellite radio subscribers and remains on track to achieve 1 million subscribers by the end of the year. "Sirius is on a roll," said Mel Karmazin, newly appointed chief executive officer of Sirius. "We are very excited about this upcoming holiday season, now that we have such a wide array of innovative products on retail shelves. When you combine these new models with our programming initiatives such as the NFL, NBA, college sports, Eminem's 'Shade 45', Maxim Radio and, beginning in 2006, Howard Stern, you can easily see why we believe SIRIUS is the gift of choice for the holidays."

Sirius continues to have the strongest balance sheet in satellite radio, with cash of approximately $800 million. — Bob Grossweiner and Jane Cohen