$TERN BIG WINNER IN CBS DEAL

Sunday, May 28, 2006

Via New York Post, Page Six:

"CALL out the strippers and bring in the lesbians, Howard Stern has settled his $500 million lawsuit with CBS Radio and insiders say he's making out like a bandit.

CBS says Stern's new employer, Sirius Satellite Radio, will pay $2 million to keep 20 years worth of Stern-show tapes it claimed he took without permission when he noisily bolted terrestrial radio last year....

While other terms of the settlement were confidential, industry sources say the shock jock and his agent, Don Buchwald, will shell out less than $10 million to end the fight over a jaw-dropping $220 million jackpot they collected from Sirius. Incredibly, that amount was bonus above and beyond Stern's already-juicy $500 million, five-year deal with SIRIUS.

And with the old tapes now in the shaggy-haired jock's sweaty palms, there's talk of a "Classic Howard Stern" station that would air his past K-Rock shows unbleeped."

More via NY Post

0 Comments:

Post a Comment

<< Home

Get Around GSI

GSI: Blog Home
GSI: Home
EMAIL/SEND SIRIUS TIPS

Inside SIRIUS Alliance

TSS Radio

Sirius radios, sirius antennas, sirius accessories

SIRIUS Stock Watch

The Coffee Fool

About GSI

We are 100% independent from SIRIUS, unlike other SIRIUS related pages, who have agreements and arrangements with SIRIUS. We do not sell SIRIUS related products and thus we do not worry about any business relationship with SIRIUS. GSI: is a not for profit blog, we do not do this for money like others; with do it out of love for the product. *Some GSI team members are SIRIUS shareholders

Archives

07/01/2005 - 08/01/2005 08/01/2005 - 09/01/2005 09/01/2005 - 10/01/2005 10/01/2005 - 11/01/2005 11/01/2005 - 12/01/2005 12/01/2005 - 01/01/2006 01/01/2006 - 02/01/2006 02/01/2006 - 03/01/2006 03/01/2006 - 04/01/2006 04/01/2006 - 05/01/2006 05/01/2006 - 06/01/2006 06/01/2006 - 07/01/2006 07/01/2006 - 08/01/2006 08/01/2006 - 09/01/2006 09/01/2006 - 10/01/2006 10/01/2006 - 11/01/2006 01/01/2007 - 02/01/2007 02/01/2007 - 03/01/2007 10/01/2007 - 11/01/2007

TSS Radio

Sirius radios, sirius antennas, sirius accessories

Powered By