No Stern Deal at Sirius Yet, Talks Drag On
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Moritz Dispatch
Nov 4, 2010, 9:09:44 AM11/4/10
to Moritz Dispatch
Scott Moritz
11/04/10 - 08:50 AM EDT
Sirius nailed its numbers but has not yet secured Howard Stern, whose
contract expires at the end of the year.
Sirius hoped to have an update on Stern, CEO Mel Karmazin told
analysts on an earnings call Thursday. "The discussions continue," he
added.
Sirius has been negotiating with Stern for most of the year and is
expected to try to sign him for substantially less than the $500
million, five-year deal he got when he first came to satellite radio.
Sirius needs to retain Stern to keep the subscribers, who willingly
pay for his comedy programs, and the advertisers, who help sponsor the
show.
Am I alone in thinking Stern would have been a very capable
replacement for that Simon guy on America's Top Idol?:
http://www.thestreet.com/story/10911439/1/no-stern-deal-at-sirius-talks-continue.html
11/04/10 - 08:50 AM EDT
Sirius nailed its numbers but has not yet secured Howard Stern, whose
contract expires at the end of the year.
Sirius hoped to have an update on Stern, CEO Mel Karmazin told
analysts on an earnings call Thursday. "The discussions continue," he
added.
Sirius has been negotiating with Stern for most of the year and is
expected to try to sign him for substantially less than the $500
million, five-year deal he got when he first came to satellite radio.
Sirius needs to retain Stern to keep the subscribers, who willingly
pay for his comedy programs, and the advertisers, who help sponsor the
show.
Am I alone in thinking Stern would have been a very capable
replacement for that Simon guy on America's Top Idol?:
http://www.thestreet.com/story/10911439/1/no-stern-deal-at-sirius-talks-continue.html
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