SiriusXM Bringing Back HowardTV Style Video Service

SiriusXM has committed to launching a Howard Stern video service similar to HowardTV. The possibility of an on-demand video service has been a subject of much discussion ever since HowardTV was closed. SiriusXM will draw on 30 years of Stern interviews for Howard Stern video service starting this summer.

In its most recent quarterly conference call SiriusXM CEO James Meyer used the anticipated launch of a new and redesigned app for SiriusXM to segway into discussion of video offerings, which led to much awaited news about Howard Stern video.

“With the new app in the marketplace, our plan is to launch video, first with Howard Stern in the second quarter and then follow-up later in ’18 with additional short-form content from around the SiriusXM bundle. Let me be clear, we are waiting into the video pool, not diving headfirst. Our approach to video is just one part of our non-stop effort to add value to the SiriusXM experience, and that always starts with our content.”

“I know our Howard customers absolutely are going to want Howard video. I don’t even need to do the research. Howard customers want one thing: more Howard.” – James E. Meyer Chief Executive Officer, SiriusXM.

If SiriusXM can establish a solid video offering to their current customer base and attract some new customers with it, eventually SiriusXM Video could be a stand-alone product.

The video product will be part of SiriusXM All Access, which at $20.99 a month is about a $5 premium over the regular service. With a wide variety of compelling stations, a massive number of partnerships with car manufacturers, and a smart business plan, SiriusXM has become one of the most successful entertainment companies.

Howard Stern re-signs with SiriusXM for another 5 years!

Howard Stern Forbes Money ListHoward Stern announced this week that he and Sirius XM (SIRI) have finally reached an agreement. Sirius XM will retain Stern’s services for five more years, and has locked in the exclusive use of Howard’s extensive library of content for 12 more years.

This was an important deal for Sirius XM. Last year, a survey by Macquarie found that 12% of Sirius XM subscribers tuned into the show, and that 5% would consider leaving if Stern moved on.

The company has about 29 million subscribers, who pay approximately $15 per month on average. A loss of 5% of its listener base — about 1.45 million listeners — would cost SIRI in excess of $250 million per year in subscription fees alone.

Although no official figures have been released, it’s widely estimated that Sirius XM has agreed to pay Stern $90 million per year to retain his services. When compared to potential cost of losing Stern’s services, it was the right move.

The 12-year content agreement might be the most important piece of this deal. Last month, Mel Karmazin, the former CEO of Sirius XM, was interviewed on CNBC. At that time, Karmazin stated that Stern had full ownership of 30 years’ worth of content. He suggested that Stern could simply sell or syndicate the content and retire. The threat of losing both Stern and his library was too great a risk.

That is no longer a possibility. Stern and his crew can leave Sirius XM when his new five-year deal expires, but they can’t take the old content with them. This will make Stern less attractive to potential suitors. When the content deal finally expires in late 2027, Stern will be on the cusp of turning 74 years old. Simply put, the new Sirius XM deal locks Stern in for the remainder of his career.

What happens next? When the five-year deal for new content expires in late 2020, both Howard and his co-host, Robin Quivers, will be pushing 70. At that point, I would expect to the Stern show as we know it to end.

Anthony from O&A Fired by SiriusXM

Anthony CumiaSome SiriusXM listeners have said they will cancel their subscription to the premium satellite radio service after it fired shock jock Anthony Cumia of the popular show Opie & Anthony for a slew of racist remarks he made on Twitter.

Cumia, 53, was fired for posting “racially-charged and hate-filled” remarks on Twitter, per a statement issued by SiriusXM, which the company deemed “wholly inconsistent with what SiriusXM represents.”

Those remarks, which Anthony has since deleted, stemmed from an incident with a black lady in Times Square. Anthony says he was taking pictures in the early morning hours, when the black lady, who Anthony alleges walked into the frame of one of his shots, began to physically assault him. Here are some of his twitter updates after the attack:

It’s really open season on white people in this day and age. No recourse. Fight back and you’re a racist. The predators know this. Good luck

There’s a deep seeded problem with violence in the black community. Try to address it and you’ll be exiled to racistville. But it’s real

The switch to violence is immediate. No discussion, just violence. When will THAT be addressed? Oh, right, never. Slavery did it? Oh, ok

The automatic jump to violence in that community is astounding. No discussion. It’s start punching at the least little thing. Uncivilized!

Cumia posted photos of the woman, whom he recalled “punched me in the face,” then “punched me 5 more times,” before launching into a political diatribe on the social media microblog which would span the next several days, saying at one point, “I hope she gets killed.”

SiriusXM has released a statement confirming Anthony Cumia’s termination.

SiriusXM has terminated its relationship with Anthony Cumia of the Opie & Anthony channel. The decision was made, and Cumia informed, late Thursday, July 3 after careful consideration of his racially-charged and hate-filled remarks on social media. Those remarks and postings are abhorrent to SiriusXM, and his behavior is wholly inconsistent with what SiriusXM represents.

“I wouldn’t apologize, I’m not sorry, talk to you all after a great summer!” – Anthony Cumia

Today show coming to SiriusXM

NBC 1979 LogoNBC is seeking to air its morning news show called “Today” on the radio while expanding the scope for viewers. The radio version is expected to begin from June 26 and is clearly aimed at listeners who are on the move.

Prior to this, more morning shows have been expanded to the radio. One such brief instance is ABC’s show “Good Morning America” which was aired on XM radio prior to its merger with Sirius.

The attempt had nevertheless failed to meet any success then. It was explained by the president and chief content officer of SiriusXM, Scott Greenstein, that the reason for the failure of the show on radio was because the radio version was a cut up and not a mature version of the television show.

The present proposal of launching a radio version of “Today” promises to air the show exactly as it is on the TV. SiriusXM listeners will have access to TODAY’s live East Coast feed from 7-10 am ET, and the West Coast feed from 10 am – 1 pm ET.

Will SiriusXM Survive If Howard Stern Retires?

king_of_all_media_wcqjIf Howard Stern follows through with his threats to leave or retire when his current Sirius XM contract expires, his departure would be a crippling blow to the company. Even if he decides to sign on for a few more years, the extremely popular host just turned 60 and has often said he won’t be like Don Imus or Larry King, clutching a microphone until he is dragged away from it. So, whether it’s 2015 or a few years later, Sirius XM has a huge problem on its hands.

When Stern joined the then Sirius Satellite Radio in January 2006, the struggling company had 600,000 subscribers. Now, having merged with rival XM, the combined Sirius XM, in its fourth-quarter financials, claimed 25.56 million subscribers.

And though the company does not release ratings for any individual channel, a large amount of its paying customers listen to Stern primarily, if not exclusively. In fact, back when Stern was making news about leaving rather than take a pay cut from his rumored $100 million a year salary, Forbes reported that 60% of Sirius’ audience listened exclusively to the controversial talker.

Read moreWill SiriusXM Survive If Howard Stern Retires?

Howard Stern Loses Appeal Against SiriusXM

Howard Stern lost a bid to revive his pay lawsuit against Sirius XM Radio Inc. after a New York state appeals court found the talk-show host wasn’t entitled to additional compensation.

Stern’s production company, One Twelve Inc., and his agent, Don Buchwald, sued Sirius XM Radio in 2011, claiming the company refused to pay $300 million in stock awards owed under an agreement that brought the radio personality to the company.

howard stern rolling stone interviewJustice Barbara Kapnick of state Supreme Court dismissed the suit last April, rejecting arguments that subscribers to XM Satellite Radio, which merged with Sirius in 2008, should be counted when calculating the compensation.

An appeals court in Manhattan today agreed with Kapnick, saying the plaintiffs aren’t entitled to additional performance- based compensation under the agreement with the company’s predecessor, Sirius Satellite Radio Inc.

“Looking solely to the plain language used by the parties within the four corners of the agreement, the disputed term ‘Sirius subscribers,’ by which plaintiffs’ performance-based compensation was measured, did not include subscribers to XM Radio, a wholly owned subsidiary which defendant acquired by merger, even though the merger had been anticipated within the agreement,” the appeals court said in the ruling.

SiriusXM’s New Morning Show with Pete Dominick

Beginning February 11, a new morning show with stand-up comedian Pete Dominick will air live weekdays from 6:00am – 9:00amET on SiriusXM channel 104 Indie.

Pete DominickDominick who has been fascinated with politics and social issues says he will explore everything from foreign policy and economics to parenting and education, as well as the day’s top stories with expert guests and listeners nationwide. Dominick is looking to interview a wide range of guests from authors, celebrities, filmmakers, veterans and beyond inviting them to open up without censorship, scripts, or time limits.

“I don’t pretend to have all the answers. I’m proud to say I learn from my listeners instead of lecturing at them,” said Dominick. “My perspective as a stand-up comic and father of two girls is why I relate to and have a truly authentic connection with my listeners from all backgrounds. I’ll leave celebrity gossip and voyeurism to others while I explore more important issues with my listeners and the experts that can speak to them best.”

“Pete is a great entertainer and fearless thinker, unwilling to accept conventional wisdom and challenging people to think for themselves,” said Scott Greenstein, President and CCO, SiriusXM. “There’s nothing else like this, and we look forward to giving our national audience a place to gather for smart, motivational and entertaining conversation where no idea is off limits.”

Pandora Internet Radio vs SiriusXM

Its a crucial day for Pandora Internet Radio.

CEO Joseph Kennedy is pleading his case in favour of the Internet Radio Fairness Act today, a bill that was recently introduced in Congress that would cut the cost structure for music streaming websites.

Unlike SiriusXM Radio, which pays a small percentage of its revenue to music artists and labels, Pandora and other Internet radio stations like iHeartRadio have to pay a royalty for every song that is streamed online.

Pandora’s CEO Kennedy argues that they will pay out around $250 Million in royalties a year, and thats more than half of what they will collect in total revenue this year. Kennedy points out that SiriusXM is paying just 7.5% of its revenue.

However, Satellite radio also offers talk, sports, comedy, and specialty programming like the Howard Stern Show. Each of these channels costs SiriusXM a percentage of income as well, for instance Howard Stern’s channels Howard 100 and 101 cost SiriusXM approximation $100 Million a year to run. In the end its unlikely Internet Radio Fairness Act will pass but if it does Pandora and other Internet Radio stations would have more a lot more revenue to possibly invest into on air talents, thus giving options to future radio broadcasters.

O&A sign new two year deal with SiriusXM

Unless you are an active listener to the Opie & Anthony Show you may not be aware that the duo has signed a new two year contract that will keep them broadcasting to SiriusXM subscribers until the fall of 2014. In some way Opie & Anthony define one of the critical aspects of satellite radio and what makes it special. That being uncensored radio. While the show may not be for everyone, we can all appreciate that SiriusXM is a platform where true freedom of speech exists.

Opie & Anthony, like Stern, have had their share of issues with SiriusXM, but in the end a deal was reached and satellite radio consumers can rejoice! Over the past year or so many passionate Stern Fans embrace Opie & Anthony rather than continue a battle of the shock jocks. It almost seems as if some people are beginning to think Stern is winding down and are in search of that cutting edge type of radio show that O&A offer.

Details of the deal have not been released, but it would appear that the offer was sweet enough for O&A to ink the dotted line.