SILVER SPRING, Md., Jan. 8 /PRNewswire-FirstCall/ -- It's time to break out the bell bottoms, lava lamps and neon, start reminiscing about yuppies, break dancing and big hair, and get down to ABBA, Blondie and Elton John. WORLDSPACE(R) Satellite Radio (Nasdaq: WRSP), one of the world leaders in satellite-based digital radio services, today introduced two new channels to its line-up, 'Retro Radio' (channel 80) and 'Punchline' (channel 700). Punchline will be available on both the AfriStar and AsiaStar satellites and Retro Radio will be available on the AsiaStar satellite which further demonstrates WORLDSPACE's commitment to providing subscribers with access to content unavailable on traditional radio in India or around the world.
"It is our goal at WORLDSPACE to continually develop and deliver creative, unique programming," said William Sabatini, vice president, global programming, WORLDSPACE Satellite Radio. "The content that will be heard on both of our new channels clearly reflects our commitment to engaging our subscribers by creating personal connections. With Punchline, WORLDSPACE brings a new category of content to our subscribers while Retro Radio further enhances the already rich music offerings."
Retro Radio debuted January 2 and will play all genres of hit songs that influenced the culture of the 1970s and 1980s. Additionally, Retro Radio will feature western music and sound bites from movies and television that made an impact during the 70s and 80s.
Punchline is dedicated to bringing the world of comedy to WORLDSPACE subscribers. The channel features a wide range of comedy acts both old and new and unique shows from major stars including the internationally recognized Monty Python, Bob Hope, Jerry Seinfeld and Dane Cook to name a few. Punchline debuted on January 2 on AsiaStar and will then debut on AfriStar on Jan 9.
With more than 40 channels of music and information WORLDSPACE offers something for everyone, in every community, in every country in its coverage area.
About WORLDSPACE(R) Satellite Radio
Based in the Washington, DC metropolitan area, Worldspace, Inc. (Nasdaq: WRSP) is the world's only global media and entertainment company positioned to offer a satellite radio experience to consumers in more than 130 countries with five billion people, driving 300 million cars. WORLDSPACE delivers the latest tunes, trends and information from around the world and around the corner.
WORLDSPACE subscribers benefit from a unique combination of local programming, original WORLDSPACE content and content from leading brands around the globe including the BBC, CNN, Virgin Radio UK, NDTV and RFI. The WORLDSPACE satellites cover two-thirds of the earth's population with six beams. Each beam is capable of delivering up to 80 channels of high quality digital audio and multimedia programming directly to WORLDSPACE Satellite Radios anytime and virtually anywhere in its coverage areas. WORLDSPACE is a pioneer of satellite-based digital radio services (DARS) and was instrumental in the development of the technology infrastructure used today by XM Satellite Radio. For more information, visit www.WORLDSPACE.com.
Forward-looking Statements
This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs about future events and financial, political and social trends and assumptions it has made based on information currently available to it. The Company cannot assure that any expectations, forecasts or assumptions made by management in preparing these forward-looking statements will prove accurate, or that any projections will be realized. Such forward-looking statements may be affected by inaccurate assumptions or by known or unknown risks or uncertainties. Actual results may vary materially from those expressed or implied by the statements herein. Forward-looking statements contained herein speak only as of the date of this release. The Company does not undertake any obligation to update or revise publicly any forward-looking statements, whether to reflect new information, future events or otherwise.
SOURCE WORLDSPACE(R) Satellite Radio
CONTACT: Judith Pryor of WORLDSPACE, +1-301-960-1242, jpryor@WORLDSPACE.com; or Dan Martin of Brodeur, +1-617-585-2780, dmartin@brodeur.com
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