NEW YORK (

TheStreet

) --

Sirius XM

(SIRI) - Get Report

has signed a multiyear deal with talk-show host Dr. Laura Schlessinger.

Her new satellite radio show will begin on January 3, and will air weekdays from 2 P.M. to 5 P.M. Her traditional radio show,

The Dr. Laura Program

, which has been broadcast by Sirius XM for five years, ends on Dec. 31.

Dr. Laura Schlessinger

"Satellite radio is a forum where a diverse group of people get to speak their minds without fear," Schlessinger said. "I can't wait to preach, teach and nag about morals, values, ethics and principles. My brain is buzzing with new ideas for my program's content, direction and expansion, including guest interviews with people who intrigue and inspire me."

In August, after 30 years on terrestrial radio, Dr. Laura Schlessinger announced that she would be ending her radio show. The announcement came after Schlessinger used a racial epithet several times when she talked with an African-American woman who had called to talk about racial insensitivity. Following the Aug. 10 show, several affiliates and sponsors dropped her show.

>>Sirius XM: Hirings, Firings and Negotiations

During an interview with Larry King on CNN's

Larry King Live

she explained why she was choosing to end her show.

"I'm here to say that my contract is up for my radio show at the end of the year and I have made the decision not to do radio anymore." Dr. Schlessinger said. "The reason is I want to regain my First Amendment rights. I want to be able to say what's on my mind, and in my heart, what I think is helpful and useful without somebody getting angry, some special interest group deciding this is a time to silence a voice of dissent, and attack affiliates and attack sponsors.

"The first and most important thing that appealed to me was the freedom to speak my mind without advertisers and affiliates being attacked by activist groups that just love to censor anything they don't agree with," Schlessinger said when discussing why she is moving exclusively to satellite.

This won't be the first time listeners will be able to hear Schlessinger on satellite radio. Her original show was added to the Sirius XM lineup in February 2005 and has aired on the Sirius XM Stars channel for 5 years.

Schlessinger's program is one of the most popular talk shows in radio history. At its peak, the show aired on hundreds of radio stations across the country and reached about 9 million listeners a week. On

The Dr. Laura Program

, Schlessinger provides listeners with advice guided by her own code of ethics and moral responsibility.

Specific terms of her deal with Sirius were not revealed.

-- Written by Theresa McCabe in Boston.

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