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Thread: Stern's Million-Man March!

  1. #1
    Sirius Roadkill is offline
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    Stern's Million-Man March!

    From Spencer's main-page article today (5/26):

    "Sirius XM contends that they do not owe Stern any bonuses above and beyond what they have already paid. The company is seeking Summary Judgement. The company offered up several documents including a statement of facts that outlined some interesting things. One of those items of interest is that only 9% of XM’s subscribers (about 1 million) subscribed to “The Best of Sirius”. The other 9 million had no access to the Howard Stern show."

    http://siriusbuzz.com/a-deeper-look-...t.php#comments

  2. #2
    Sirius Roadkill is offline
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    "The war is coming," warned Stern. "It isn't over yet. The internet is coming to the car! There’s one thing that separates this company from these other companies that offer music for free—ME!” - Howard Stern
    oh really??

    better check your math Howard

  3. #3
    Sirius Roadkill is offline
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    It's just a "Business Argument"

    btw, I hope no one here takes offense that I am pointing out these facts . . .

    I'm not upset with Howard personally . . . we're just having a "business argument," right Howard?

  4. #4
    Sirius Roadkill is offline
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    "But the real surprise, several of my sources with knowledge of the dispute tell me, is that Mel is the driving force behind Sirius XM’s position that Howard is owed no additional compensation. Even more of a shocker, they claim Karmazin was never happy with the original Stern/Sirius- $80 million a year in cash and $20 million in stock to program two channels starting in 2006 as well as bounties if Sirius’ subscriptions passed certain milestones -- negotiated before Mel arrived. And, here's the real stunner from my sources: allegations that Mel didn't take care of Howard financially as well as the world believes: “Mel Karmazin does a much better job of taking care of Mel Karmazin than most other Sirius shareholders,” accuses one of my sources."

    http://www.deadline.com/2011/05/howa...mazin-its-war/

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