TheDaily: Howard Stern has already decided to leave SiriusXM after contract?

The King of All Media, Howard Stern, is abdicating and counting down the days until he can retire from SiriusXM satellite radio.

Stern took a big pay cut last year when he reduced his workload to just three live shows a week, and his shows, which used to run about five hours, were cut down to about three hours. “That’s why he took the job as a judge on ‘America’s Got Talent,’ ” said one source.

“During the month of July, Stern was live on the satellite for just nine hours total,” the insider said. “He’s fed up with Sirius, and has already decided he’ll be gone at the end of his contract.” Stern’s longtime friend, Mel Karmazin, is being pushed out as the SiriusXM CEO with the takeover of the company by Liberty Media’s John Malone. “He’s 58.

He’s got more money than he’ll ever be able to spend,” said our source. “He doesn’t need radio.” With his image revamped, courtesy of “AGT,” expect Stern to launch his own TV show.

The article above written by TheDaily.com seems completely fictional along with their “source”. However, Bubba the Love Sponge commented last month on his RadioIO show that Howard confirmed he would be leaving SiriusXM and going internet only after his contract ended in 2015.

Howard Stern going after SiriusXM for $300M

On Monday, Howard Stern submitted a brief with the New York State Supreme Court Appellate Division to put in motion a highly anticipated appeal against his employer, SiriusXM Radio, for an estimated $300 million.

The legal battle began in late 2004 when the self-proclaimed “King of All Media” announced he’d be leaving terrestrial radio to join Sirius in January 2006 for a reported $500 million over five years, plus potential stock bonuses.

When Stern made the announcement, Sirius had a paltry 673,000 subscribers. In December 2010, Stern re-upped for another five years for a reported $400 million. Only now, Stern’s employer was SiriusXM, a name change precipitated by the 2008 merger between Sirius and its satellite competitor XM Radio Inc.

Two years later, the company reported its subscription base had grossed more than 20 million listeners. Claiming they were owed stock bonuses due to the company’s success, Stern’s 112 Inc. production company, along with agent Don Buchwald , filed a May 2011 lawsuit seeking the estimated $300 million.

In April 2012, New York State Supreme Court Justice Barbara Kapnick dismissed the case, calling the wording in Stern’s original contract with Sirius “clear” and “unambiguous.”

To what degree Stern takes his case to the court of public opinion is anyone’s guess, but he has occasionally used airtime to rail against Sirius XM president Scott Greenstein, whom he accuses of having a “f—ing short memory” with regards to where SiriusXM was prior to Stern’s arrival.

Artie Lange returns to SiriusXM

In an unexpected move, Sirius XM Radio has announced that it has added The Nick & Artie Show, hosted by comedians Artie Lange and Nick DiPaolo to its sports talk lineup. The show will be available to Sirius XM listeners daily on Sirius channel 94 and XM channel 208 starting July 19.

Lange and DiPaolo will make their SiriusXM debut on July 19th with a special show in front of a live audience at the Hard Rock Cafe in New York’s Times Square. The duo will host from 8:00 to 10:00 am ET to kickoff Sirius XM’s annual Celebrity Fantasy Football Draft at the Hard Rock. This marks the first time the show will be available to all Sirius XM listeners.

Howard Stern “I want to get out” of SiriusXM

Howard Stern seemed “bewildered” just after 7:30a on Wednesday, when he returned from a commercial break and said, “How do you go on with a show when you’ve just been given devastating news?”

“The Stern Show cast let The Who’s ‘Won’t Get Fooled Again’ play in its entirety while Howard took a few minutes to collect himself,” wrote the report.

Stern then continued, “This time, they rocked me. This time, they rocked me. There’s always something going on around here Robin… I want to get out. I’m ready to get out. Let’s get out. It’s enough already. We did so much for this company – would they be kind enough to release me? For my mental health? I need to get out!”

There’s been no additional talk about the event, but many are guessing it has something to do with Liberty Media’s move to take over SiriusXM.

Artie Lange on Raw Dog

Artie Lange at Sirius XM for the first time in two and a half years:

“The last time I was here, the date was December 9, 2009,” said Lange. “I left a week early. Tim Sabean…the great man over there, said to me: ‘You shouldn’t come back until you’re better’. Cause, my last day I was really fucked up. I was spilling water on Benjy, and we can’t have that.

So, they said: ‘You gotta go to rehab’. That was the first time they ever sort of put their foot down with that…And I was just out of my mind, so I went away and I didn’t come back. A lot of trouble happened after that.”

Artie at SiriusXM today


Tweets by Artie:

Saw Will Jason Teddy Hein Richard Richie Tracy Shuli Lisa Ralph Steve Scott Salem Mary Ann. Awesome

Literally saw everyone for the first time in two and a half years. Both emotional and great!

The most important guy I met at Sirius was my old buddy @highpitchmike Looked good Seemed Happy &Happy for him. Hope to see all u guys soon

HighPitchMike: FYI. Artie & I shared a big gay bear hug after this. 🙂 now i kinda got the hots 4 him.

Lawsuit update

In the words of his America’s Got Talent co-judge Howie Mandel, radio personality Howard Stern’s lawsuit against SiriusXM is a decisive “no deal.”

The host of the eponymous Howard Stern Show was seeking $300 million from his employer SiriusXM, claiming that subscribers he attracted to both the XM and Sirius divisions contributed to his performance-based stock awards, The Smoking Gun reports. Judge Barbara Kapnick, however, ruled that since Stern’s contract only included awards for Sirius subscribers, not those of XM, he fell short of the number of listeners the contract required him to bring in and therefore is not entitled to the stock awards.

Stern was seeking four stock awards valued at $75 million each, which dwarfs even the stock bonuses seen on Wall Street. Last year, JPMorgan Chase CEO Jamie Dimon took home $17 million worth of stock and other options, while his Goldman Sachs counterpart Lloyd Blankfein received $10.7 million in stock awards.

Still, Stern is one of many on-air personalities to sue their employer. Keith Olbermann is suing from his former employer Current TV for $70 million over breach of contract when he was fired in late March. The fledgling network is now countersuing Olbermann, claiming instead that he violated “values of respect…and loyalty to our viewers,” co-founders Al Gore and Joel Hyatt wrote in a statement.

Rush Limbaugh coming to SiriusXM Radio?

Should Rush move to Sirius XM or online? It’s certainly been a solution for Howard Stern and others. With advertisers bailing on Limbaugh, reports have been circulating that he may end up doing just that.

Not long after nearly 100 national advertisers and dozens more have dropped Limbaugh, post-Sandra Fluke, Limbaugh syndicator Premiere Radio Networks suspended the requirement to “run barter spots for two weeks, March 12th and March 19th, for our News/Talk affiliates only,” according to an internal memo from Premiere. The suspension includes Limbaugh’s and other talk shows.”

It was a nice relief valve for the advertisers who were literally under attack. But was it enough? Probably not. The idea that the controversy could actually become “the end of talk radio” is a comment from Rush himself. This is affecting advertising on other controversial talkers as well as even network news.

A new campaign — with the Twitter hash tag #BulliedbyRush — spearheaded by Jane Fonda, Robin Morgan and Gloria Steinem, founders of the “Women’s Media Center” wants him off the air entirely. In an op-ed the three call on the FCC to take action saying that it’s time to “take back our broadcast resources” and get what they call “toxic, hate inciting speech” off the public airwaves.

Could this be an opportunity for SiriusXM Satellite Radio, Pandora, RadioIO or others?

Read more

Stern sues SiriusXM Radio

Howard Stern’s production company and manager are suing SiriusXM Radio claiming Howard was bilked out of stock awards SiriusXM promised him.

According to the suit, filed in New York and obtained by TMZ, Sirius courted Howard to come there in the first place by promising him a share “in any success that the company achieved.” But the suit claims, once Sirius conquered its chief competitor — XM — and acquired more than 20 million subscribers, it decided on its own Howard had been paid enough.

Stern alleges the subscriber estimates on which his stock bonuses were to be based ranged from 3.7 million in 2006 to 12.1 million in 2010. According to Stern, he actually blew those estimates out of the water and Sirius today has a subscriber base of more than 20 million subscribers.

The suit claims, “Sirius needed Stern more than Stern needed Sirius.”