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Howard Stern. (Reuters/Shannon Stapleton)
The production company and long-time agent for radio “shock jock” Howard Stern has sued Sirius XM Radio Inc. in the New York Supreme Court, alleging Stern was promised performance-based stock awards the satellite radio company refused to pay.
Attempts to reach a spokesman for Sirius XM Radio to respond to the suit were not immediately successful. Get the full story »
Howard Stern announced on his subscription satellite program Thursday that he has signed a new five-year deal with Sirius XM Radio, putting to end months of speculation and discussion that had grown increasingly heated of late. Get the full story>>
Talk show host Laura Schlessinger, also known as Dr. Laura. (AP Photo/SIRIUS XM Radio)
Talk-show host Laura Schlessinger won’t stay away from radio very long — only a weekend, in fact. Sirius XM Radio Inc. said Monday it has a multiyear deal with Schlessinger to bring her “Dr. Laura” advice program to satellite radio in January. Specific terms were not revealed.
Schlessinger had said in August that she was quitting her syndicated radio program, a week after she apologized for using the N-word on the air 11 times while talking to a black woman, and activists demanded her ouster.
She ends her traditional radio program on Friday, Dec. 31. The following Monday, her “Dr. Laura” show will begin live at 2 p.m. on Sirius XM. It will air for three hours a day on Monday through Friday. Get the full story »
Howard Stern waits to ring the opening bell at Nasdaq in 2006 to mark the launch of his show on Sirius (Bloomberg)
Shock jock Howard Stern brought more than just his oversized personality to satellite radio when he joined Sirius — he also carted along an estimated 1.2 million new subscribers.
Now, five years later, Stern’s $500 million contract with Sirius XM Radio Inc. is nearly up, giving rise to concerns about how well the company would fare without one of its biggest stars. At the moment, its stock is trading around $1 a share and is down 5 percent in the last month, underperforming the Standard & Poor’s 500 stock index. Get the full story »
