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Media
Will Stern renew with Sirius XM?
By CMU Editorial | Published on Monday 6 September 2010
So, is Howard Stern going to leave US satellite radio firm Sirius XM when his current contract ends later this year? OK, you may not be asking that, but Sirius XM’s shareholders certainly are. On the one hand they’d rather negotiate down the £100 million fee they hand Stern each year for presenting shows and programming channels for the radio platform, but on the other hand they’d rather not lose their biggest star.
Stern spoke about his contract negotiations on air last week, though mainly so Sirius XM shareholders were in no doubt that he’d be happy to leave if a deal cannot be struck. He told his listeners he is considering some online-only radio ventures over which he’d have even more control. But insiders say Stern would ideally like to stick with his current employers, and might be persuaded to take a slightly lower fee in return for cutting the number of hours of original content he must create each month.
