Howard Stern Extends Contract With Sirius XM
Howard Stern, Sirius XM radio shock jock, announced today that he has just signed a contract for 5 more years with Sirius XM radio. This deal, worth $500,000, provides that Stern’s show will be able to be broadcast to mobile devices. Stern was in negotiations with the company for months, and many were skeptical that the self-proclaimed “King of All Media” would stay on the air. He threatened not to return if he received any sort of pay cut from Sirius XM.
It is generally understood, though, that many of Sirius XM’s subscribers come from Stern’s listeners. Sirius CEO, Mel Karmazin claimed that it was Stern’s show that put Sirius on the map when his show was first launched on satellite radio.
“”He is one of the few ‘one-name’ entertainers in the country and our 20 million subscribers are lucky to have him,” said Karmazin. Stern was lucky to be hosted by Sirius as well, as he frequently clashed with the FCC during his 25 years on public radio.