MediaBay and SIRIUS Satellite Radio Air '12 Days of Christmas'

MediaBay and SIRIUS Satellite Radio Air '12 Days of Christmas' Companies Offer Classic Christmas Shows as Gift to Listeners CEDAR KNOLLS, N.J., Dec. 21 /PRNewswire-FirstCall/ -- MediaBay (NASDAQ:MBAY), a leader in spoken audio entertainment together with SIRIUS Satellite Radio today announced that "The 12 days of Christmas" will be available on SIRIUS RadioClassics, channel 133. These very special holiday programs run throughout the Holiday season through Christmas Day. The SIRIUS broadcast includes the Lux Radio Theatre productions of It's a Wonderful Life, starring original cast members Jimmy Stewart and Donna Reed, and Miracle on 34th Street with the original cast members, Maureen O'Hara, Natalie Wood and Edmund Gwenn, plus special holiday shows from Jack Benny, Abbott & Costello, Burns & Allen and many more! Every program is being aired without commercial interruption. "We know our customers have enjoyed these classics for many years and this holiday season we are happy to offer them through SIRIUS' Radio Classic channel 133 for all to enjoy," said Jeffrey Dittus, MediaBay's chief executive officer. "MediaBay's listening audience has been expanding as the company extends its digital outreach and our exposure on SIRIUS Satellite Radio has played a major role in our marketing initiatives." "We're delighted to give SIRIUS subscribers the opportunity to hear the holiday classics of yesteryear on RadioClassics 133," said Serena Zorbas, SIRIUS Program Director. "These quality programs will undoubtedly provide special moments for those who heard them when they were originally broadcast as well as those who may be listening for the first time." About MediaBay MediaBay, Inc. (NASDAQ:MBAY) is a multi-channel, media marketing company specializing in the $800 million audiobook industry and old-time radio distribution. MediaBay's industry-leading content library includes over 50,000 classic radio programs, 3,500 film and television programs and thousands of audiobooks. MediaBay has begun digitizing and encoding its library of spoken word content and once the content is digitized, the Company expects to make it available for download on the many evolving music services and content stores that are proliferating on the Internet. For more information on MediaBay, please visit http://www.mediabay.com/ or its subsidiary sites: http://www.audiobookclub.com/, http://www.radiospirits.com/, and http://www.radioclassics.com/. Forward Looking Statements MediaBay Forward Looking Statements Certain statements in this press release constitute "forward-looking" statements that involve a number of known and unknown risks, uncertainties and other factors which may cause MediaBay's actual results, performance or achievements to be materially different from any results, performances or achievements express or implied by such forward-looking statements. All statements other than statements of historical facts included in this press release including, without limitation, statements regarding our future financial position, business strategy, budgets, projected costs and plans and objectives of MediaBay's management for future operations are forward-looking statements. In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expect," "intend," "estimate," "anticipate," "believe," or "continue" or the negative thereof or variations thereon or similar terminology. Important factors that could cause actual results to differ materially from expectations, include, without limitation, MediaBay's history of losses; the success of its new digital media distribution strategy and new Larry King initiatives, its ability to anticipate and respond to changing customer preferences, license and produce desirable content, protect our databases and other intellectual property from unauthorized access, collect receivables; dependence on third-party providers, suppliers and distribution channels; competition; the costs and success of our marketing strategies; product returns; member attrition and other risks detailed in its Annual Report on Form 10-K for the year ended December 31, 2003. Undue reference should not be placed on these forward-looking statements, which speak only as of the date hereof. MediaBay undertakes no obligation to update any forward-looking statements. For MediaBay Investor Relations: Jeffrey Dittus, MediaBay, CEO, 973-539-9528 Tim Clemensen, Rubenstein Investor Relations, 212-843-9337 Source: MediaBay CONTACT: Investors, Jeffrey Dittus, CEO of MediaBay, +1-973-539-9528; or Tim Clemensen of Rubenstein Investor Relations, +1-212-843-9337, for MediaBay Web site: http://www.mediabay.com/ http://www.audiobookclub.com/ http://www.radiospirits.com/ http://www.radioclassics.com/ ------- Profile: International Entertainment