SiriusXM And FOX News Extend Broadcast Agreement; All FOX News Media Properties Continue To Exclusively appear On SiriusXM's Designated Channels; FOX To Continue To Produce Exclusive News Headlines 24/7
Portfolio Pulse from Benzinga Newsdesk
SiriusXM and FOX News have extended their broadcast agreement, ensuring all FOX News Media properties continue to exclusively appear on SiriusXM's designated channels. The long-term agreement includes exclusive audio rights from FOX News Channel and FOX Business Network. FOX News will also continue to produce exclusive news headlines 24/7 for SiriusXM.
October 25, 2023 | 1:47 pm
News sentiment analysis
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POSITIVE IMPACT
FOX News' extended agreement with SiriusXM ensures its content continues to reach a wide audience, potentially boosting its viewership and ad revenues.
The extended agreement with SiriusXM ensures FOX News' content continues to reach a wide audience through SiriusXM's platform. This could potentially boost its viewership and ad revenues, thus positively impacting FOXA's stock in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
The extended agreement with FOX News ensures SiriusXM continues to have exclusive rights to FOX News content, potentially attracting more subscribers.
The extended agreement with FOX News ensures SiriusXM continues to have exclusive rights to FOX News content. This could potentially attract more subscribers who are interested in FOX News, thus positively impacting SiriusXM's stock in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100