KTV Radio Network Launches "Korea Today" Channel on SiriusXM

KTV Radio Network Launches "Korea Today" Channel on SiriusXM

24/7 channel to feature the best of Korean music, news, entertainment, sports and culture

NEW YORK, Jan. 12, 2012 /PRNewswire/ -- KTV Radio Network today announced that it will launch Korea Today -- a 24/7 channel featuring a wide variety of Korean music, news, entertainment, sports and cultural programming -- on SiriusXM.

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Korea Today will officially launch on January 12 at 7:00 pm ET on XM channel 144. Beginning January 19, Korea Today will be available on SiriusXM Internet Radio channel 144 and through the SiriusXM Internet Radio App on smartphones and mobile devices.

Korea Today's lineup will feature K-Pop, American pop, classical and folk music shows; talk programming including global, local and entertainment news; sports radio; and cultural programs for Koreans throughout the U.S. The content will come from Korean programmers as well as original shows produced at Korea Today's studios in the U.S.

"I am very excited to bring the best of Korean music, news and entertainment content to SiriusXM's millions of listeners," said Ron Chun, Chairman and President of Korea Today. "We expect the 15 million Asian-Americans in the United States to react positively to our new and exciting channel." Mr. Chun has had over 30 years of television broadcasting experience and owns KTV Cable Networks, a multicultural cable media company.

Korea Today's exclusive programming includes shows featuring K-Pop stars Super Junior, a global phenomenon and one of the most popular boy bands in the world, celebrities and Korean television personalitiesKim Young, Sue Jin Choi, and Albert Kang, as well as news from Korea.

The complete programming lineup for Korea Today is available at www.wktvusa.com and www.siriusxm.com/koreatoday. Visit Korea Today at Facebook.com/KoreaToday and follow Korea Today on Twitter @xmkoreatoday.

Deok-Su Han, Korean Ambassador to the United States, is expected to join Young N Chun, President, Korea Today; Congressman Gerry Connolly; Jimmy Rhee, Virginia Secretary of Commerce and Trade; Sharon Bulova, Chairman, Fairfax County and Won Sang Lee, Senior Pastor, KCPC, for Korea Today's official launch event at SiriusXM's Washington, D.C. studios on January 12.

SiriusXM granted KTV Radio Network a lease to create one channel on the XM platform of its satellite radio system.

About KTV Networks

Korea Today is owned by KTV Radio Network. Operational assistance will be provided by KTV Cable Networks, which provides cable companies with cable networks WKTV, Korea One, and KTV-Plus throughout the United States. KTV Cable Networks is a premier multicultural media company focused on serving Korean communities across the United States providing the most entertaining and compelling Korean television content to our cable partners. KTV Cable Networks broadcasts the most popular Korean dramas, movies and entertainment shows in the United States. For more information, please visit our website at www.wktvusa.com.

About Sirius XM Radio

Sirius XM Radio is America's satellite radio company. SiriusXM broadcasts more than 135 satellite radio channels of commercial-free music, and premier sports, news, talk, entertainment, traffic, weather, and data services to over 21 million subscribers. SiriusXM offers an array of content from many of the biggest names in entertainment, as well as from professional sports leagues, major colleges, and national news and talk providers.

SiriusXM programming is available on more than 800 devices, including pre-installed and after-market radios in cars, trucks, boats and aircraft, smartphones and mobile devices, and consumer electronics products for homes and offices. SiriusXM programming is also available at siriusxm.com, and on Apple, BlackBerry and Android-powered mobile devices.

SiriusXM has arrangements with every major automaker and its radio products are available for sale at shop.siriusxm.com as well as retail locations nationwide.

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," "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 may differ materially from the results anticipated in these forward-looking statements.

The following factors, among others, could cause actual results to differ materially from the anticipated results or other expectations expressed in the forward-looking statement: our competitive position versus other forms of audio and video entertainment; our ability to retain subscribers and maintain our average monthly revenue per subscriber; our dependence upon automakers and other third parties; potential economic recessionary trends and uncertain economic outlook; our substantial indebtedness; and the useful life of our satellites, which, in most cases, are not insured. 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, 2010, 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.

Follow SiriusXM on Twitter or like the SiriusXM page on Facebook.

Contacts for KTV Radio Network:

Stephen W Baek
703.560.1590
baekcic@wktvusa.com

Jenny Yoo
703.639.0800
jenny.yoo@wktvusa.com

Contact for SiriusXM:

Hillary Schupf
212.901.6739
hillary.schupf@siriusxm.com

SOURCE KTV Radio Network

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KTV Radio Network

Web Site: http://www.wktvusa.com

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